by Chuck Norsch | Nov 7, 2018 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last...
by Chuck Norsch | Oct 3, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing
When it comes to buying or selling a home there are many factors you should consider. Where you want to live, why you want to buy or sell, and who will help you along your journey are just some of those factors. When it comes to today’s real estate market, though, the...
by Chuck Norsch | Oct 2, 2018 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates...
by Chuck Norsch | Sep 28, 2018 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Millennials, Move-Up Buyers, 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 5.2% by the third quarter of 2019....
by Chuck Norsch | Sep 25, 2018 | First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Move-Up Buyers
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; the higher the rate, the greater the payment will be. That is why it is important to know where rates are headed when deciding to start your home search. Below is a chart...
by Chuck Norsch | Sep 6, 2018 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has...
