The Market Ways to Use Your Tax Refund if You Want to Buy a Home Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – mostly closing costs and a down payment. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains: “If one of your goals is […]
Buyers The Top 5 Reasons You Need a Real Estate Agent when Buying a Home Maybe you’ve read or heard headlines in the news, lately, about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than […]
Sellers & Buyers Should I Move, Given Today’s Mortgage Rates? When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. It’s understandable and something I call a fear-based rate freeze. But is that still the right […]
The Market Builders are Building Smaller Homes There’s no argument, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help […]
The Market The Perks of Downsizing When You Retire Some Highlights If you’re about to retire, or just did, downsizing can be a good way to try to cut down on some of your expenses. Smaller homes typically have lower energy and maintenance costs. Plus, you may have enough equity built up to fuel your move. If you’re thinking about moving to a smaller home, let’s go over your goals […]
Buyers Does It Make Sense To Buy a Home Right Now? (Spring 2024) Thinking about buying a home? If so, you’re probably wondering: should I buy now or wait? Nobody can make that decision for you, but here’s some information that can help you decide. What’s Next for Home Prices? Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and […]
The Market What Are Experts Saying About the Spring Housing Market? If you’re planning to move soon, you might be wondering: if there’ll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. So, here’s what the professionals are saying about the market, this season. Odeta Kushi, Deputy Chief Economist, First American: “. . . it seems our general expectation for the spring […]
Buyers What Lower Mortgage Rates Mean for Your Purchasing Power When buying a home, mortgage rates impact what you can afford and how much you’ll pay each month. And the latest news is positive. Rates on 30-year fixed mortgages have significantly fallen, since the end of October to below 7%, as reported by Freddie Mac (see graph below): This recent trend is great news for buyers. As a recent […]
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