In the Northern Hemisphere, your latest sunsets – and latest evening twilights – are happening around now. They always come in late June and early July. Meanwhile, the Northern Hemisphere’s longest day falls on the June 20 solstice. For the Southern Hemisphere, your latest sunrises of the year happen in late June and early July.

Learn why here:

SOURCE: Earth Sky

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But there’s good news! More homes are finally hitting the market. Keep reading for an update on the 2024 market and how to navigate the current housing landscape.

Inventory on the Rise

Data from shows a significant increase in available homes in April 2024 compared to the previous three years. That’s a whopping 30.4% more houses on the market! This means you might have more options to choose from than you did in the past.

But hold on a minute! Calculated Risk’s data paints a slightly different picture. While inventory is growing, it’s still far below pre-pandemic levels. The good news? It’s still a better selection than we’ve seen recently.

Finding Your Perfect Place

So, what does this mean for you?…

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The housing market has been a rollercoaster for years. First, low rates fueled bidding wars and record highs. Now, rising rates and low inventory might make you feel powerless as a homebuyer.

But wait! Things are not as bleak as they seem. The good news is that you have more control than you think. Keep reading to learn five things you can control as a buyer in the current market.

Budgeting is Your Superpower

Can’t control rates? You can control your budget! Use a mortgage calculator to see how different rates impact your monthly payment. This empowers you to adjust your price range and find a home that fits your finances.

Negotiate Like a Pro

Remember those home price reductions? They’re up 15.5% year over year! Look for reduced homes…

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