by Chuck Norsch | Mar 11, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, New Construction, Pricing
Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have to say...
by Chuck Norsch | Mar 10, 2021 | Distressed Properties, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year...
by Chuck Norsch | Mar 9, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing...
by Chuck Norsch | Mar 3, 2021 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what...
by Chuck Norsch | Feb 23, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers
We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates...
![Home Mortgage Rates by Decade [INFOGRAPHIC]](https://secureservercdn.net/198.71.233.214/668.73c.myftpupload.com/wp-content/uploads/2021/02/20210205-KCM-Share-1-548x300-1.png?time=1618520012)
by Chuck Norsch | Feb 19, 2021 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers
Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home...
