Category: Buyer
-
The Five-Year Rule for Home Price Perspective
Headlines are saying home prices are starting to dip in some markets. And if you are beginning to second guess your plans based on what you are hearing in the media, here’s what you need to know. It’s true that a few metros are seeing slight price drops. But don’t let that overshadow this simple…
-
Buying Your First Home? FHA Loans Can Help
If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan. They are designed to help…
-
Understanding Today’s Mortgage Rates: Is 3% Coming Back?
A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment…
-
Why Buying Real Estate is Still the Best Long-Term Investment
Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering does it really make sense to buy a home right now? But here’s…
-
Thinking about an Adjustable-Rate Mortgage?
READ THIS FIRST!!! If you have been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity is an adjustable-rate mortgage.…
-
What Buyers Need to Know About Homeowners Association Fees
When buying a home, you are probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s a possibility, depending on where you decide to live. A homeowners association…
-
Home Projects That Boost Value
Whether you are planning to move soon or not, it’s smart to be strategic about which home projects you take on. Your time, energy, and money matter. Not all upgrades offer the payoff you might expect. As U.S. News Real Estate explains: “…not every home renovation project will increase the resale value of a home.…
-
Why Some Homes Sell Faster than Others
As you think ahead to your own move, you may have noticed some houses sell within days, while others linger. But why is that? As Redfin says: “….today’s housing market has been topsy-turvy since the pandemic. Low inventory (though rising) and high prices have created a strange mix. Some homes are flying off the market,…
-
Stocks May Be Volatile, but Home Values Aren’t
With all the uncertainty in the economy, the stock market has been bouncing around more than usual. And if you have been watching your 401(k) or investments lately, chances are you have felt that pit in your stomach. One day it’s up, The next day, it’s not. And that may make you feel a little…