The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.
The 2-1 Buydown, What It Is and How It Works For Buyers – Team Success Listing LLC
The 2-1 Buydown, What It Is and How It Works For Buyers – Team Success Listing LLC Do you want to buy a home, but the current interest rates are too high? Learn how to get 2% off your interest rate in the first year and 1% off in the second year with our FREE […]
Why It Makes Sense To Move Before Spring
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.
Why You Shouldn’t Fear Today’s Foreclosure Headlines
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look.
The 3 Factors That Affect Home Affordability
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:
Pre-Approval in 2023: What You Need To Know
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:
Have Home Values Hit Bottom?
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.
Lake Orion MI – Real Estate and Homes For Sale From $149k – Team Success Listing LLC
Lake Orion MI – Real Estate and Homes For Sale From $149k – Team Success Listing LLC Homes in Lake Orion are selling fast! Search all available properties including homes via the MLS before it is too late. Search all homes for sale or lease in Lake Orion here. Have you been thinking of moving […]
Oxford MI – Real Estate And Homes For Sale From $190k – Team Success Listing LLC
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