Will Mortgage Rates Remain Low Next Year?
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According toFreddie Mac, rates hit all-time lows12 timesthis year, dippingbelow 3%for the first time ever while making buying a home more and…
Don’t Let Buyer Competition Keep You from Purchasing a Home
This years record-low mortgage rates sparked a high demand among homebuyers. Current homeowners, however, havent put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like…
Three Ways Low Inventory Is a Win for Sellers
The number of houses for sale today is significantly lower than thehigh buyer activityin the current housing market. According to Lawrence Yun,Chief Economistfor theNational Association of Realtors(NAR):There is no shortage of hopeful, potential buyers, but inventory is historically low.When the…
Winter Will Bring a Flurry of Activity to the Housing Market
In the second half of this year, the housing marketsurgedwith activity. Today, real estate experts are looking ahead to the winter season and the forecast is anything but chilly. As Lawrence Yun,Chief Economistfor theNational Association of Realtors(NAR),notes:It will be one…
VA Home Loans: Helping Heroes Find a Home
Today, on Veterans Day, we honor those who have served our country and thank them for their continued dedication to our nation. In the United States, there are many valuable benefits available to Veterans, includingVA home loans. For over 75…
Buyers Are Finding More Space in the Luxury Home Market
A year ago, additional space and extra amenities had a very different feel for homebuyers. Today, the health crisis has brought to light how valuable more square footage and carefully designed floorplans can be. Home offices, multi-purpose rooms, gyms, and…
Where Are Home Values Headed Over the Next 12 Months?
As shelter-in-place orders were implemented earlier this year, many questioned what the shutdown would mean to the real estate market. Specifically, there was concern about home values. After years of rising home prices, would 2020 be the year this appreciation…