by hjadmin | Oct 8, 2021 | For Sellers, Housing Market Updates, Infographics, Interest Rates, New Construction
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in...
by hjadmin | Oct 7, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR):...
by hjadmin | Oct 6, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course,...
by hjadmin | Oct 5, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate...
by hjadmin | Oct 2, 2021 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home...
by hjadmin | Sep 28, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding...
