Category Archives: Uncategorized

TOP TEN 2023 BLOGS from FUN, FACTS & FAST RISING INTEREST RATES!

In 2023, the real estate market faced challenges including interest rates, inflation, and fears of a crash. The top ten blogs of the year covered topics like mortgage assistance, Independence Day history, home maintenance, selling haunted houses, and more. The blog also looked ahead to potential declines in mortgage rates for 2024. Check them out for valuable info!

Why Mortgage Rates Could Continue to Decline

When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary goals is to lower inflation.Continue reading “Why Mortgage Rates Could Continue to Decline”

How to Turn Homeownership into a Side Hustle

To combat rising costs and make homeownership more achievable, especially for younger individuals, two strategies were presented: purchasing and revamping a fixer-upper and buying a house with the intention of renting part of it out. Both these strategies help in not just affordable homeownership but also in building equity and generating income.

Down Payment Assistance Programs Can Help Pave the Way to Homeownership

Data from the National Association of Realtors shows that the median down payment for all homebuyers is 15%, and for first-time buyers, it’s even lower at 8%. Numerous down payment assistance programs exist, aiding not only first-time homebuyers but also repeat buyers. These options include federal loans with low or zero down payment requirements, and specific programs offering strategies and assistance for various demographics and professions. Local city-specific programs are also available, offering significant financial aid for both down payments and closing costs.

Home Inspector-ese decoded: what your home inspector is really trying to tell you!

Legal-ese… Portuguese… Inspector-ese! We all have our own language within our professions that, while common and simple to us, mystify those outside that expertise. Home inspectors are no different. But when you are potentially buying a very expensive asset, homebuyers would like to know what you are talking about! This week, our guest blogger isContinue reading “Home Inspector-ese decoded: what your home inspector is really trying to tell you!”

Top 3 Housing Market Questions Right Now!

The current housing market is often perceived as uncertain. However, trends suggest that mortgage rates, linked to inflation, may decrease in the near future. Home prices are predicted to continue rising, though at a slower rate. Also, an increase in home sales is anticipated, possibly spurred by lower mortgage rates. Despite past predictions, experts believe a recession is increasingly unlikely. Therefore, the outlook for the housing market in 2024 is generally optimistic.

Are There Actually More Homes for Sale Right Now?

If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to you. Take aContinue reading “Are There Actually More Homes for Sale Right Now?”

These Top Cities Show Home Prices Are Still Climbing

Home prices still dominate client conversations – both buyers and sellers! If you’re considering buying a home or selling your current one to find something that better suits your needs, you probably have questions about what’s happening with home prices right now. Here’s what you need to know. There’s still a lot of confusion and misinformation out there. So, noContinue reading “These Top Cities Show Home Prices Are Still Climbing”

What Are Accessory Dwelling Units and How Can They Benefit You?

Maybe you’re in the market for a home and are having a hard time finding the right one that fits your budget. Or perhaps you’re already a homeowner in need of extra income or a place for loved ones. Whether as a potential homebuyer or a homeowner with changing needs, accessory dwelling units, or ADUs for short, may be ableContinue reading “What Are Accessory Dwelling Units and How Can They Benefit You?”