Home Buying

Oct. 5, 2021

The Main Key to Understanding the Rise in Mortgage Rates

The Main Key to Understanding the Rise in Mortgage Rates

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 surpassed 3%. In a …

View More
Posted in Home Buying
Sept. 30, 2021

Early October is the Sweet Spot for Buyers

Early October is the Sweet Spot for 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 …

View More
Posted in Home Buying
Sept. 28, 2021

If You’re a Buyer, Is Offering Asking Price Enough?

If You’re a Buyer, Is Offering Asking Price Enough?

 

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. …

View More
Posted in Home Buying
Sept. 24, 2021

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought …

View More
Posted in Home Buying
Sept. 16, 2021

The Truth About Today’s Buyer Demand

When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that …

View More
Posted in Home Buying
Sept. 13, 2021

Fact or Fiction: Homebuyer Edition

When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.

It takes professionals who study expert opinions and data to truly understand the real estate market and separate fact …

View More
Posted in Home Buying
Sept. 10, 2021

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year.

Here are the latest percentages showing the year-over-year …

View More
Posted in Home Buying
Sept. 6, 2021

5 Reasons Today’s Housing Market Is Anything but Normal

5 Reasons Today’s Housing Market Is Anything but Normal

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is still strong even …

View More
Posted in Home Buying
Sept. 2, 2021

More Young People Are Buying Homes

More Young People Are Buying Homes

There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief.

Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked …

View More
Posted in Home Buying
Aug. 31, 2021

What Buyers and Sellers Need To Know About the Appraisal Gap

What Buyers and Sellers Need To Know About the Appraisal Gap

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals

In recent months, it’s become increasingly common for …

View More
Posted in Home Buying