Sellers Have a Fantastic Opportunity with Today’s Home Prices Why Sellers Have an Opportunity with Today’s Home Prices 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 […]
Mortgage Rates
Everything You Need To Know About Getting Your Home List-Ready
Everything You Need To Know About Getting Your Home List-Ready This Is Everything You Need To Know About Getting Your Home List-Ready: One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know. Your home […]
Four Incredible Ideas On How To Win A Home Bidding War
Four Incredible Ideas On How To Win A Home Bidding War. Increase the odds in your favor. 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 average of 4.8 offers […]
Warning! Mortgage Rates Are On Their Way Up
Warning! Mortgage Rates Are On Their Way Up Where Are Mortgage Rates Really Headed? There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if […]
3 Reasons Why Home Prices Will Remain High
3 Reasons why home prices will remain high for the next few months. Why Are Home Prices Continuing To Rise Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price […]
Two Great Reasons Why Waiting To Buy a Home Will Cost You
Two Great Reasons Not To Wait To Buy a Home Two Great Reasons Why Waiting To Buy a Home Will Cost You If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next […]
How Smart Buyers Are Approaching Rising Mortgage Rates
How Smart Buyers Are Approaching Rising Mortgage Rates How Smart Buyers Are Approaching Rising Mortgage Rates Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly […]