Are More Homeowners Selling as Mortgage Rates Come Down?

By Kevin Brierton Team | January 24, 2024
A hand is touching the top of a wall with tiny houses on it.

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…

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Are Higher Mortgage Rates Here To Stay?

By Kevin Brierton Team | October 16, 2023
A wooden block with a red question mark and a percent sign.

Kevin Brierton – 10.16.2023 Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):   That can feel like a little bit of a gut punch…

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Today’s Home Price Appreciation Is Great News for Existing Homeowners

By Kevin Brierton Team | May 2, 2022
A shovel is being used to collect coins from a plant.

Kevin Brierton – 5.2.2022 If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations,…

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