by Thomas Scott | Jun 12, 2019 | Housing Market Updates, Interest Rates
A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet. The following three areas of the housing market are critical to understand:...
by Thomas Scott | Jun 11, 2019 | Buyer, Housing Market Updates
In a real estate market where home prices are rising, many have begun to reexamine the idea of buying a home, choosing instead, to rent for a while. But often, there is a dilemma: should you keep paying rent, knowing that rent is rising too, or should you lock in your...
by Thomas Scott | Jun 10, 2019 | Buyer, Buying Myths, Housing Market Updates
Freddie Mac recently released a report entitled, “Perceptions of Down Payment Consumer Research.” Their research revealed that, “For many prospective homebuyers, saving for a down payment is the largest barrier to achieving the goal of...
by Thomas Scott | Jun 7, 2019 | Buyer, Housing Market Updates, Interest Rates
Some Highlights: The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices & interest rates were to increase over a period of time.Freddie Mac forecasts interest rates to rise to 4.5% by the Q4...
by Thomas Scott | Jun 6, 2019 | Buyer, Housing Market Updates, Seller
If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children may have finally moved out. Your large, four-bedroom house with three bathrooms no longer fits the bill. Taxes are too high. Utilities are too...