by Chuck Norsch | Jan 21, 2019 | First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers
In today’s fast-paced world, where answers are a Google search away, there are some who may wonder what the benefits of hiring a real estate professional to help them in their home search are. The truth is, with the addition of more information, comes more confusion....
by Chuck Norsch | Jan 19, 2019 | Mid America Mortgage, Inc, Mortgage Lending, Real Estate Market
In a recent article, the National Association of Home Builders (NAHB) explained some of the effects the housing market is experiencing (or can soon expect) from the partial government shutdown. While we are nonpolitical, we felt it was important and timely to share...
![What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]](http://chucknorsch.com/wp-content/uploads/2019/01/20190118-Share-KCM.jpg)
by Chuck Norsch | Jan 18, 2019 | First Time Home Buyers, For Buyers, For Sellers, Infographics, Interest Rates, Millennials, Pricing
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic...
by Chuck Norsch | Jan 17, 2019 | First Time Home Buyers, For Buyers, Pricing
A loaf of bread used to be a nickel. A movie ticket was a dime. Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three of those items, along with the price of almost every other item we purchase. The reason we can...
by Chuck Norsch | Jan 15, 2019 | First Time Home Buyers, For Buyers, Millennials
Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 between 2003 and 2015 for their data set. “Today’s older adults became...
by Chuck Norsch | Jan 14, 2019 | Buying Myths, Featured, First Time Home Buyers, For Buyers
In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show that you are serious about buying your...
![The Cost Across Time [INFOGRAPHIC]](http://chucknorsch.com/wp-content/uploads/2019/01/20190111-Share-KCM.jpg)
by Chuck Norsch | Jan 11, 2019 | First Time Home Buyers, For Buyers, Infographics, Interest Rates
Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your...
by Chuck Norsch | Jan 10, 2019 | For Sellers, Move-Up Buyers
You may have heard that the housing market is softening. There is no doubt that buyer traffic has decreased. There are fewer purchasers in the market than there were last month and at this time last year. What you may not have heard, however, is that there is still a...
by Chuck Norsch | Jan 9, 2019 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market...
by Chuck Norsch | Jan 8, 2019 | Baby Boomers, For Buyers, Move-Up Buyers, Senior Market
Every year around this time, many homeowners begin the process of preparing their homes in case of extreme winter weather. Some others skip winter all together by escaping to their vacation homes in a warmer climate. For those homeowners staying at their first...
