Mortgage Rates Hit Record Lows for Three Consecutive Weeks

by laura | Jul 15, 2020 | Buyer, First Time Home Buyers, Interest Rates, Move-Up Buyers

Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph...

What Are Experts Saying about Home Prices?

by laura | Jul 14, 2020 | Buyers & Sellers, Housing Market Updates, Pricing

Last week, a very well-respected real estate analytics firm surprised many with their home price projection for the next twelve months. CoreLogic, in their latest Home Price Index said: “The economic downturn that started in March 2020 is predicted to cause a 6.6%...

Buyers: Are You Ready for a Bidding War?

by laura | Jul 13, 2020 | Buyer, First Time Home Buyers, Move-Up Buyers

With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the housing market this summer. Today, housing is truly driving the U.S. economy forward. With so...

Americans Rank Real Estate Best Investment for 7 Years Running [INFOGRAPHIC]

by laura | Jul 10, 2020 | Buyer, First Time Home Buyers

Some Highlights Real estate has outranked stocks, savings accounts, and gold as the best long-term investment among Americans for the past 7 years. The belief in the stability of housing as a long-term investment remains strong, despite the many challenges our economy...

Not All Agents Are Created Equal

by laura | Jul 9, 2020 | Buyers & Sellers, First Time Home Buyers, Move-Up Buyers

In today’s fast-paced world where answers are just a Google search away, there are some who may question the benefits of hiring a real estate professional when selling a house. The reality is, the addition of more information can lead to more confusion. A real estate...