Interest Rates | Chuck Norsch, CMPS, MBA

What You Should Do Before Interest Rates Rise

by Chuck Norsch | Jul 19, 2021 | Buying Myths, For Buyers, For Sellers, Interest Rates, Move-Up Buyers

In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some...

Diving Deep into Today’s Biggest Buyer Concerns

by Chuck Norsch | Jul 15, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a...

The Truths Young Homebuyers Need To Hear

by Chuck Norsch | Jul 7, 2021 | Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Rent vs. Buy

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k...

What Do Experts See on the Horizon for the Second Half of the Year?

by Chuck Norsch | Jun 30, 2021 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

As we move into the latter half of the year, questions about what’s to come are top of mind for buyers and sellers. Near record-low mortgage rates coupled with rising home price appreciation kicked off a robust housing market in the first half of 2021, but what does...

Homebuyers: Hang in There [INFOGRAPHIC]

by Chuck Norsch | Jun 25, 2021 | First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing

Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the...

Have Your Day in the Sun by Moving Up This Summer [INFOGRAPHIC]

by Chuck Norsch | Jun 11, 2021 | For Buyers, For Sellers, Infographics, Interest Rates, Move-Up Buyers, Pricing

Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and...