Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market.
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market.
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey.
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up.
Over the last two years, the rate of home prices appreciated at a dramatic pace.
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home?
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait?
With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008.
- It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home.
- When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save.
- If you want to learn more about the benefits of homeownership, reach out to a real estate professional today.
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind.