Move-Up Buyers

How Smart Buyers Are Approaching Rising Mortgage Rates

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

\"HowLast week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly through the remainder of the year and reach 3.0%, rising to 3.5% […]

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Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

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

\"TwoWith the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do rates […]

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Experts Project Mortgage Rates Will Continue To Rise in 2022

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"ExpertsMortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in the historic-low territory. But even over […]

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Sellers Have Incredible Leverage in Today’s Market

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"SellersWith mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing demand remains strong as buyers likely want to secure a home […]

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Housing Challenge or Housing Opportunity? It Depends.

For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing /

\"HousingThe biggest challenge in real estate today is the lack of available homes for sale. The low housing supply has caused homes throughout the country to appreciate at a much faster rate than what we’ve experienced historically. There are many reasons for the limited number of homes on the market, but as you can see […]

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There Are More Homes Available Now than There Were This Spring

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

\"ThereThere’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for Sale Usually […]

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Knowledge Is Power When It Comes to Appraisals and Inspections

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

\"KnowledgeBuyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to stand out in the crowded market. But is that the best move? Buying a […]

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