Posts Tagged ‘Mortgage Rates’
Think Twice Before Waiting for Lower Home Prices
Kevin Brierton – 4.17.2023 As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price…
Read MoreYour Tax Refund Can Help You Achieve Your Homebuying Goals
Kevin Brierton – 4.12.2023 Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses.…
Read MoreThe Big Advantage If You Sell This Spring
Kevin Brierton – 4.11.2023 Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares: “. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. The answer…
Read MoreHomebuyer Activity Shows Signs of Warming Up for Spring
Kevin Brierton – 4.10.2023 The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak…
Read MoreTrying To Buy a Home? Hang in there.
Kevin Brierton – 4.6.2023 We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason…
Read MoreWhy Aren’t Home Prices Crashing?
Kevin Brierton – 4.5.2023 There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would…
Read MoreHow Changing Mortgage Rates Can Affect You
Kevin Brierton – 4.3.2023 The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps…
Read MoreWe’re in a Sellers’ Market. What Does That Mean?
Kevin Brierton – 3.30.2023 Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house? It…
Read More4 Key Tips for Selling Your House This Spring
Kevin Brierton – 3.29.2023 Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most…
Read MoreHow Homeownership Is Life-Changing for Many Women
Kevin Brierton – 3.28.2023 Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes the impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership…
Read MoreWhy Buying a Home Is a Sound Decision
Kevin Brierton – 3.23.2023 If you’re thinking about buying a home, you want to know if the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices…
Read MoreThe Role of Access in Selling Your House
Kevin Brierton – 3.21.2023 Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying…
Read MoreWhat’s Ahead for Home Prices in 2023
Kevin Brierton – 3.20.2023 Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on…
Read MoreWhat Buyer Activity Tells Us About the Housing Market
Kevin Brierton – 3.16.2023 Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the…
Read MoreAn Expert Gives You Clarity in Today’s Housing Market
Kevin Brierton – 3.14.2023 The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you…
Read More2 Things Sellers Need To Know This Spring
Kevin Brierton – 3.8.2023 A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling…
Read MoreWhat You Should Know About Rising Mortgage Rates
Kevin Brierton – 3.2.2023 After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the…
Read MoreHow To Make Your Dream of Homeownership a Reality
Kevin Brierton – 2.23.2023 According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits so that interest is understandable. However, it’s unlikely all 28 million Americans will accomplish that goal in the…
Read MoreA Smaller Home Could Be Your Best Option
Kevin Brierton – 2.22.2023 Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says: “As…
Read MoreThe Two Big Issues the Housing Market’s Facing Right Now
Kevin Brierton – 2.21.2023 The biggest challenge the housing market faces is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.†Let’s break down these two big…
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