by Chuck Norsch | Jan 20, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to...
by Chuck Norsch | Jan 19, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold...
by Chuck Norsch | Jan 13, 2021 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales
At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are...
by Chuck Norsch | Jan 11, 2021 | For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by...
by Chuck Norsch | Jan 6, 2021 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy
Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building...
by Chuck Norsch | Jan 5, 2021 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter...
