Saturday Strategy

Mortgage FAQ's, did you knows and much more...

Why Aren’t Home Prices Falling as Inventory Rises?

By Kevin Brierton Team | February 4, 2024

Kevin Brierton – 2.4.2024 2024 is shaping up to be a year of solid home appreciation following the numbers that are coming in from last year. Recent reports from CoreLogic and Redfin confirm that home prices rose in 2023 despite rough homebuying conditions. Not only that, but the 2023 numbers eclipsed the ones we saw…

Don’t Wait Until Spring To Sell Your House

By Kevin Brierton Team | February 1, 2024

Kevin Brierton – 2.1.2024 As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates Last…

Foreclosure Activity Is Still Lower than the Norm

By Kevin Brierton Team | January 31, 2024

Kevin Brierton – 1.31.2024 Have you seen headlines talking about the increase in foreclosures in today’s housing market? If so, they may leave you feeling a bit uneasy about what’s ahead. But remember, these clickbait titles don’t always give you the full story. The truth is, if you compare the current numbers with what usually happens in…

2 of the Factors That Impact Mortgage Rates

By Kevin Brierton Team | January 30, 2024

Kevin Brierton – 1.30.2024 If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage rates. Here…

Will a Silver Tsunami Change the 2024 Housing Market?

By Kevin Brierton Team | January 29, 2024

Kevin Brierton – 1.29.2024 Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been a lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market. What Does Silver Tsunami Mean? A recent article…

The Top Benefits of Buying a Multi-Generational Home

By Kevin Brierton Team | January 25, 2024

Kevin Brierton – 1.25.2024 Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see if…

Are More Homeowners Selling as Mortgage Rates Come Down?

By Kevin Brierton Team | January 24, 2024

Kevin Brierton – 1.24.2024 If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past year, one factor that’s…

Experts Project Home Prices Will Increase in 2024

By Kevin Brierton Team | January 23, 2024

Kevin Brierton – 1.23.2024 Even though home prices are going up nationally, some people are still worried they might come down. A recent survey from Fannie Mae found that 24% of people think home prices will decline over the next 12 months. That means almost one out of every four people are dealing with that fear, and you might…

3 Must-Do’s When Selling Your House in 2024

By Kevin Brierton Team | January 22, 2024

Kevin Brierton – 1.22.2024 If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home. A great way to balance those emotions and make sure you’re confident in your decision is to keep…

3 Key Factors Affecting Home Affordability

By Kevin Brierton Team | January 18, 2024

Kevin Brierton – 1.18.2024 Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able to afford a home than…

P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!