by Chuck Norsch | May 27, 2020 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers
With stay-at-home orders starting to gradually lift throughout parts of the country, data indicates homebuyers are jumping back into the market. After many families put their plans on hold due to the COVID-19 pandemic, what we once called the busy spring real estate...
![Interest Rates Hover Near Historic All-Time Lows [INFOGRAPHIC]](http://chucknorsch.com/wp-content/uploads/2020/05/20200522-KCM-Share-549x300-1.png)
by Chuck Norsch | May 22, 2020 | First Time Home Buyers, For Buyers, Infographics, Interest Rates
Some Highlights Mortgage interest rates have dropped considerably this spring and are hovering at a historically low level. Locking in at a low rate today could save you thousands of dollars over the lifetime of your home loan. Let’s connect to determine the best way...
by Chuck Norsch | Jan 22, 2020 | Baby Boomers, Down Payments, For Buyers, Interest Rates, Senior Market
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home....
by Chuck Norsch | Nov 7, 2019 | Housing Market Updates, Interest Rates, Pricing
Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections for home price appreciation going forward. As an example, CoreLogic...
by Chuck Norsch | Oct 30, 2019 | First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability...
by Chuck Norsch | Sep 17, 2019 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019...
