by Thomas Scott | Oct 2, 2018 | Buyer, Seller
Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates...
by Thomas Scott | Oct 1, 2018 | Buyer, Seller
The price of any item is determined by the supply of that item, as well as the market’s demand for it. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for...
![Should I Buy Now? Or Wait Until Next Year? [INFOGRAPHIC]](https://madisonallied.com/wp-content/uploads/2018/10/Should-I-Buy-Now-Or-Wait-Until-Next-Year-INFOGRAPHIC-1046x675.jpg)
by Thomas Scott | Sep 28, 2018 | Buyer, Seller
Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.2% by the third quarter of 2019....
by Thomas Scott | Sep 27, 2018 | Buyer, Seller
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations will...
by Thomas Scott | Sep 26, 2018 | Buyer, Seller
Saving for a down payment is often the biggest hurdle for a first-time homebuyer as median incomes, rents, and home prices all vary depending on where you live. There is a common misconception among homebuyers that a 20% down payment is required, and it is this...
