Home buying itself can be stressful. On top of it all, home buyers must navigate mortgage rates and the ups and downs of the current housing market. It’s a lot to think about for anyone looking to buy a home, and especially first time home buyers. Anyone stepping into the housing market, and starting a…
With interest rates remaining high and inventory low, many who were considering selling and then buying, are now considering staying in place. That doesn’t mean their current home is everything they need it to be, however; maybe more space is needed. So, what are the options? This is a question my family has been…
With the Federal Reserve announcing another rate hike last week, we are watching to see what this will mean for mortgage rates and the housing market in general. The good news, it appears this may be the last hike according to several articles we found online. Okay, no one can guarantee what the Fed will…
Spring is upon us. This historically means a busy time in the real estate industry. As the weather warms people considering a move are inspired. They will start to look at homes or get their homes ready to list. In the early 1900s, before brokers and agencies existed, buyers interested in a particular home would…
For many looking to move, current market conditions and mortgage rates have them feeling like this goal is unattainable. Home prices continue to rise and mortgage rates are hovering around 6%, with no sign of relief for either. While buying a home right now is more expensive, it is not completely out of your grasp…
Interest Rate Hikes Lead to Questions With yesterday’s news that the Federal Reserve (aka the Fed) may raise interest rates again, many homebuyers may be considering what their next move is. Do they continue to house hunt? Is now still the right time to buy a home? Should they leap at the next house that…
The New Year is in full swing and after a hectic holiday season many are reflecting on intentions and goals for the year ahead. If buying or selling a home is on your vision board for 2023, it’s important to understand today’s housing market, outline your long term goals, and work with industry experts in…
As 2022 comes to a close and we sit back to reflect on the ups and downs of this year’s housing market, we can’t help but wonder what’s in store for 2023. According to several articles and predictions we’ve browsed, 2023 could be tough for both buyers and sellers. A recent article posted on Bankrate…
Note: This article by Lawrence Yun has been reprinted from the Spring 2022 issue of Realtor Magazine, with permission of the National Association of REALTORS®. Calmer Market Ahead Expect some easing in sales, though prices will continue to inch higher By Lawrence Yun (originally printed in the Spring 2022 issue of Realtor Magazine) The…
The biggest story in real estate hasn’t changed much over the past few months. Inventory of homes for sale remains low, while demand remains high. It doesn’t appear this tale is set for a plot twist anytime soon either. According to several recent blog posts since the turn of the year from Keeping Current…
