May 2021

Don’t Forget to Budget for Closing Costs

Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing /

\"Don’tWhen buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According […]

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Your House Could Be the Oasis in an Inventory Desert

For Sellers, Housing Market Updates, Move-Up Buyers /

\"YourHomebuyers are flooding the housing market right now to take advantage of record-low mortgage rates. Many have a sense of urgency to find a home soon since experts forecast a steady rise in both rates and home prices this year and next. As a result, buyer demand greatly outweighs the current housing supply. Here’s how […]

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It’s Not Too Late To Apply For Forbearance

Distressed Properties, For Sellers, Foreclosures, Housing Market Updates, Selling Myths /

\"It’sOver the past year, the pandemic made it challenging for some homeowners to make their mortgage payments. Thankfully, the government initiated a forbearance program to provide much-needed support. Unless they’re extended once again, some of these plans and the corresponding mortgage payment deferral options will expire soon. That said, there’s still time to request assistance. […]

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Experts Say Home Prices Will Continue to Appreciate

For Buyers, For Sellers, Housing Market Updates, Pricing /

\"ExpertsIt’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In […]

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3 Graphs Showing Why You Should Sell Your House Now

For Sellers, Housing Market Updates, Move-Up Buyers, Selling Myths /

\"3There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and […]

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Why Waiting to Buy a Home Could Cost You a Small Fortune

Down Payments, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing /

\"WhyMany people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. […]

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Are Interest Rates Expected to Rise Over the Next Year?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers /

\"AreSo far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have […]

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4 Big Incentives for Homeowners to Sell Now

For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Selling Myths /

\"4The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020. The key to continued success in the residential housing market […]

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