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If you’re trying to decide whether or not to sell your house and make a move, you may be inclined to because you’ve heard prices are increasing, listings are going quickly, and sellers are getting multiple offers on their properties. But it brings up the question, why are conditions so great for sellers today? And most importantly, what can you expect […]
Is It Time to Move This Spring? Consider This. Read More »
According to the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by about 1.2% (3.22% to 4.42%) since January of 2022. The rate climbed by more than a quarter of a point from just a week ago. Take a look at the visual that show’s how mortgage rate movement throughout 2021
What’s Happening with Mortgage Rates, and Where Are They Headed from Here? Read More »
If you’re thinking of making a move in the near future, you may be trying to determine whether it’s better to buy a home that’s already on the market or try building a new one. Since the current supply of homes available for sale in the real estate market is low, it’s beneficial to consider either option.
Thinking of Building A Home? Here Are The Important Things to Know Read More »
If you’re thinking about buying a home, you may be curious how your student loan debt might affect those plans. Is it necessary to wait until you’ve completed the payment of your student loans before you purchase your first home? Or could you qualify for a home loan with that debt? To help answer your
You Can Still Buy A Home With Student Loans Read More »
You may be like many others who had hoped to buy a home this year but shied away due to rising home prices and increasing mortgage rates. However, there’s something you should think about. According to a recent report from ATTOM Data, owning a home in the United States is more cost-effective compared to renting. The 2022 Rental Affordability Report says: “.
Why It’s Better to Buy Than Rent in Today’s Housing Market Read More »
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet
Where Are Home Prices Headed This Year? Read More »
If you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment. Is it 20% of the purchase price, or could you put down less? While there are lower down payment programs available that allow qualified buyers to put down as little as 3.5%, it’s important to understand the many
The Advantages of Putting 20% Down on a Home Read More »
As we move into 2022, both buyers and sellers are wondering, what’s next for the housing market? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect in
Housing Market Predictions for 2022 Read More »
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their changing lifestyles. In fact, recent data from realtor.com shows a larger share of homeowners are planning to list their houses this winter. So, that means more
Why Now Is a Great Time To Sell Your House Read More »
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter (April, May, and June) than in any other quarter of
Are Home Sales About to Increase? We May See a Winter Like Never Before. Read More »