Category: Interest Rates

Homes Are More Affordable Right Now Than They Have Been in Years
First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing | August 13, 2020
Homes Are More Affordable Right Now Than They Have Been in Years

Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here’s why. According to the Mortgage Monitor Report from Black Knight: “While home…

Current Buyer & Seller Perks in the Housing Market
First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing | August 11, 2020
Current Buyer & Seller Perks in the Housing Market

Today’s housing market is making a truly impressive turnaround, and it’s also setting up some outstanding opportunities for buyers and sellers. Whether you’re thinking of buying or selling a home this year, there are perks today that are rarely available, and definitely worth looking into. Here are the top two. The Biggest Perk for Buyers: Low Mortgage Rates The most…

2020 Homebuyer Preferences [INFOGRAPHIC]
First Time Home Buyers, For Buyers, Infographics, Interest Rates | August 7, 2020
2020 Homebuyer Preferences [INFOGRAPHIC]

Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment. Let’s connect today if your needs have recently changed and you’re ready to make…

Today’s Buyers Are Serious about Purchasing a Home
For Sellers, Interest Rates, Millennials, Move-Up Buyers | August 4, 2020
Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Builders (NAHB) indicates: “…. Of American adults considering a future home purchase in the second quarter of 2020, about half (49%) are not simply planning it, they are actively…

Homeownership Rate Continues to Rise in 2020
Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates | July 29, 2020
Homeownership Rate Continues to Rise in 2020

So far, it’s been quite a ride this year, and our nation has truly seen its fair share of hurdles. From COVID-19 to record unemployment and then the resulting recession, just to name a few, the second quarter of 2020 has had more than a few challenges. Amidst the many roadblocks, however, the U.S. homeownership rate rose again, signaling great…