What Lower Mortgage Rates Mean for Your Purchasing Power
If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below): This recent trend is great news for buyers. As […]
Retiring Soon? Why Moving Might Be the Perfect Next Step
If you’re thinking about retirement or have already retired this year, it’s a good time to consider if your current house is still a good fit for the next step in your life. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about as […]
A Real Estate Agent Helps Take the Fear Out of the Market
Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media isn’t easy to understand, it can make people feel scared and unsure. […]
Pricing Your House Right Still Matters Today
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that have good pricing are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of Realtors (NAR) shows 76% of homes sold within a month. While the average saw 3.5 offers in […]
Keys to Success for First-Time Homebuyers
Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. For first-time homebuyers, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more challenging […]
Buyer Activity Is Up Despite Higher Mortgage Rates
Buyer Activity Is Up Despite Higher Mortgage Rates If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a […]