Wait a Year…It Won’t Matter???

Posted Posted in Homes for Sale, Housing prices, mortgage rates, real estate

There is a frequently quoted expression “more money has been lost from indecision than was ever lost from making a bad decision.” Regardless of the extent of its accuracy, most people can recall when procrastination has cost them money. There are markets so short of inventory that buyers have become frustrated after losing bids for […]

Rent or Buy – the cost is going up

Posted Posted in Affordability Index, first-time buyers, Housing prices, Mortgage interest, mortgage rates, mortgages, real estate, Rent versus Buy

Whether you continue to rent or decide to buy a home, according to recent Zillow 2014 housing projections, the cost is going up. Zillow projects home prices to increase nationally by 3%, mortgages to rise to 5% interest rate by the end of the year and rents to go up by 2.5% on average. If […]

What Can Home Buyers Expect?

Posted Posted in FHA Mortgages, first-time buyers, Home Values, homebuyers, Homes for Sale, Housing prices, Mortgage interest, mortgage rates, mortgages, real estate

The two most frequently quoted constants in life are death and taxes. Two more things would-be homeowners can expect in the near future are increases in mortgage rates and housing prices. Interest rates have been kept artificially low for several years by the Federal Reserve in an effort to strengthen the economy. Policy is shifting […]

Motivated Sellers, Better Prices and Less Competition

Posted Posted in first-time buyers, holidays, Homes for Sale, Housing prices, real estate, Selling your home

The Winter Home Buyer Report conducted in the second week of November by REALTOR.com® revealed the sentiments of current home buyers expecting to buy a house during the winter months. It appears that there is pent-up demand with buyers who were unable to purchase a home recently. Most cited as an impediment to purchase was […]