by hjadmin | Apr 21, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country...
by hjadmin | Apr 20, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your...
by hjadmin | Apr 14, 2022 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To...
by hjadmin | Apr 13, 2022 | For Buyers, Housing Market Updates, Interest Rates
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more...
by hjadmin | Apr 11, 2022 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to...
by hjadmin | Apr 8, 2022 | For Sellers, Housing Market Updates, Infographics, Move-Up Buyers
Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average...
