With the high price of homes and rise in interest rates, the American dream of homeownership may be out of reach for many buyers these days. What I am starting to see is more buyers pooling their resources together and buying homes with family and friends. Read on to learn more about this trend:
If you are getting ready to sign another Rental agreement for the coming year, you may want to read the following:
Selling your home in today's market requires a professional. Here are 5 reason's why it is important to hire a Real Estate Professional to sell your home in a timely manner and at top dollar.
Are you a buyer that has decided to put your search on hold because the mortgage rates just went up? The rate increase could actually work in your favor by reducing the number of buyers bidding on a home. Read further to find out why should NOT put your search on hold.
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:
The struggle for buyers right now is real and I would imagine, extremely frustrating. The biggest issue, lack of inventory. Read further to find out why there is such a shortage of homes and what to expect through this coming year. There may be some light at the end of the tunnel.
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.
It is important, as a buyer in today's market, to understand what closing costs are comprised of and how much you may need to save, in addition to your down payment. The most important thing to note is that closing costs can differ between states and Loan programs which is why it is extremely important to reach out to your local Lender for advice. Contact me today for recommendations to Lenders in your area!
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 coming down from last year’s peak, they’re still higher than they were a couple of years ago.
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