by Jamie Saylor | May 24, 2022 | For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home...
by Jamie Saylor | May 17, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your...
by Jamie Saylor | May 11, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re...
by Jamie Saylor | May 10, 2022 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts...
by Jamie Saylor | May 9, 2022 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly...
by Jamie Saylor | May 3, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...
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