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As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. […]

Originally published in the Jacksonville Daily Record on January 30, 2023 Today’s housing market appears to be normalizing, following the early pandemic unprecedented low interest rates to last year when rates doubled in record time. Here’s a look at what you can expect from the housing market this year: Refinancing Many homeowners took advantage of […]

 There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to […]

If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market. That means, moving […]

The Federal Housing Finance Agency (FHFA) has announced its new conforming loan limits for 2023. The new maximum borrowing amount for conventional loans has increased to $726,200 from $715,000. Resource Financial is offering this new conventional loan limit beginning today to provide more opportunities for homebuyers.  Conforming loan limits are the maximum amount of cash […]