Why Today’s Foreclosure Numbers Are Nothing Like 2008

You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, [...]

By |2023-04-27T19:01:05+00:00April 27th, 2023|Uncategorized|Comments Off on Why Today’s Foreclosure Numbers Are Nothing Like 2008

How Changing Mortgage Rates Can Affect You

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship [...]

By |2023-04-05T18:27:15+00:00April 3rd, 2023|Homeownership, Real Estate, Uncategorized|Comments Off on How Changing Mortgage Rates Can Affect You

Why Buying a Home Is a Sound Decision

If you’re thinking about buying a home, you want to know if the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the [...]

By |2023-03-24T15:26:01+00:00March 24th, 2023|Homeownership, Residential|Comments Off on Why Buying a Home Is a Sound Decision

What Buyer Activity Tells Us About the Housing Market

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can [...]

By |2023-03-24T13:35:44+00:00March 16th, 2023|Real Estate, Residential|Comments Off on What Buyer Activity Tells Us About the Housing Market

Rising Mortgage Rates

Over the last few weeks, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy [...]

By |2023-05-12T18:03:13+00:00March 1st, 2023|Homeownership, Real Estate, Residential|Comments Off on Rising Mortgage Rates

Should You Consider Buying a Newly Built Home?

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built. The Number of Newly Built Homes Is on the Rise While there are more houses for sale [...]

By |2023-02-20T18:16:40+00:00February 20th, 2023|Homeownership, Real Estate, Residential|Comments Off on Should You Consider Buying a Newly Built Home?

The Top Reasons for Selling Your House

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started [...]

By |2023-02-10T18:47:06+00:00February 10th, 2023|Real Estate, Uncategorized|Comments Off on The Top Reasons for Selling Your House

Experts Forecast a Turnaround in the Housing Market in 2023

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing, and [...]

By |2023-02-03T15:33:58+00:00February 3rd, 2023|Real Estate|Comments Off on Experts Forecast a Turnaround in the Housing Market in 2023

Think Twice Before Waiting for 3% Mortgage Rates

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the rate [...]

By |2023-01-17T19:50:19+00:00January 17th, 2023|About, Real Estate|Comments Off on Think Twice Before Waiting for 3% Mortgage Rates

3 Best Practices for Selling Your House This Year

A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and ensure you’re feeling confident [...]

By |2023-01-05T14:47:35+00:00January 5th, 2023|Homeownership, Real Estate, Residential, Uncategorized|Comments Off on 3 Best Practices for Selling Your House This Year
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