If you’ve thought about buying a house, a car or other big purchase over the past couple years, then you’ve probably run into high prices, steep rates, low inventory…or a combination of all three. Here’s a look at some of the current factors that are impacting prices and availability: Big Purchase to Wait on: The Housing Market The housing market has been hit with a triple whammy that is Continue Reading
2023 Housing Market: Selling a Home This Year
May, June and July are peak buying and selling months for real estate, but what can we expect from the 2023 housing market sales? For the past three years, we’ve been in a strong seller’s market. Low inventory and motivated buyers meant that sellers were getting more money than they had listed for, and in record time. We are starting to see that ease off a bit, but it’s not a complete recovery Continue Reading
Buying a House in 2022: What You Should Know
If you’ve been in the market for a new house, then you have probably discovered that this is a tough time to be a buyer. Record high inflation, sky-high home prices and low inventory has kept competition steep, with no end in sight. The housing market will calm down - but potentially not for a couple of years. What if you can’t wait? Here are some tips to help you find a house you love (and can Continue Reading
What to Consider Before You Upsize Your Home
Upsizing your home is a big decision, and it comes with a lot more complications than just finding the right place. Before you start the house hunting process, make sure a bigger home is really the right fit for you and your family. Here are some factors to consider before you make the move: Do you really need to upsize your home? It can be easy to start dreaming of a bigger home Continue Reading
Interest Rate Increase: How it Affects You
In case you missed it, the Federal Reserve increased interest rates a quarter point last week, making this its second increase in 2017. This is an indicator of some changes on the horizon, so you may need to adjust your goals and plans accordingly. Here is how the increase could affect you: Student Loans and Interest Rates An increase in interest rates is typically an indicator that the central Continue Reading
10 Things Every Aspiring Homeowner Needs to Know: How Much House Can You Afford?
So, you want to be a homeowner? Congratulations! Get ready to roll up your sleeves and learn what you need to know. One of the first the things you should do is to figure out how much house you can actually afford. You want to have a number in mind before you get together with a Realtor® or a lender, because they may have a different idea of how much you can spend on a house. The traditional Continue Reading