Move-Up Buyers

How Upset Should You Be about 3% Mortgage Rates?

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers /

\"HowLast Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The bump-up […]

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Is It a Good Time to Sell My House?

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths /

\"IsLast year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now is a good time […]

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How Smart Is It to Buy a Home Today?

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"HowWhether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to move. […]

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Home Prices: What Happened in 2020? What Will Happen This Year?

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing /

\"HomeThe real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed last year. Dr. Lynn Fisher, Deputy Director of the Federal […]

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What Are the Benefits of a 20% Down Payment?

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers /

\"WhatIf you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment options available for qualified buyers who don’t want […]

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Are There Going to Be More Homes to Buy This Year?

Buying Myths, Distressed Properties, First Time Home Buyers, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Move-Up Buyers, New Construction, Selling Myths /

\"AreIf you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of […]

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How Much Leverage Do Today’s House Sellers Have?

For Sellers, Housing Market Updates, Move-Up Buyers, New Construction, Pricing, Selling Myths /

\"HowThe housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7% from the same time last year while the inventory […]

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