Market Updates

March 13, 2024

3 reasons buyers/sellers pause the decision to move

 

 

 

 

 

If you’ve been thinking about buying a home, mortgage rates are probably top of mind for you. They may even be why you’ve put your plans on hold for now. When rates climbed near 8% last year, some buyers found the numbers just didn’t make ...

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March 5, 2024

Will there be a housing recession

 

 

 

 

There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that isn’t going ...

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Feb. 28, 2024

How do changing mortgage rates impact you

 

 

 

 

 

Some Highlights

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Feb. 21, 2024

Are you waiting for mortgage rates to drop this year

There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall.

And if you’re looking to buy or  ...

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Feb. 14, 2024

WHY SO MANY PEOPLE FALL IN LOVE WITH HOME OWNERSHIP

 

 

 

 

Chances are at some point in your life you’ve heard the phrase, home is where the heart is. There’s a reason that’s said so often. Becoming a homeowner is emotional.

So, if you’re trying to decide if you want to keep on renting or if ...

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Feb. 7, 2024

Houses Are Still Selling Fast

 

 

 

 

Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years when houses were selling quicker than ever, they’re still selling faster than normal.

The graph below uses data ...

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Jan. 31, 2024

What impacts mortgage rates

 

 

 

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?

 

The answer is complicated because there’s a ...

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Jan. 25, 2024

MUST DO WHEN SELLING YOUR HOME

 

 

 

 

 

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.

A great way to balance those emotions and ...

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Jan. 17, 2024

Mortgage rates fall well below 7%

 

 

 

 

Homebuyers got an early holiday gift at the end of 2023 as mortgage rates reversed course, dropping more than a full percentage point and settling below 7% by mid-December. Before this drop, rates had hovered above 7% since August after peaking at around 8.00% in ...

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Jan. 9, 2024

What my purchasing power with declining mortgage rates

 

 

 

 

If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7 ...

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