by Thomas Scott | Dec 2, 2020 | Buyers & Sellers, Housing Market Updates, Interest Rates, Pricing
Housing inventory is at an all-time low. Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. At the same time, buyer demand remains strong. In a recent newsletter, research analyst Ivy Zelman explained: “Although the...
by Thomas Scott | Dec 1, 2020 | Buyer, Buying Myths, Demographics, Down Payments, First Time Home Buyers, Interest Rates, Move-Up Buyers
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the homebuying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers...
![Key Terms to Know in the Homebuying Process [INFOGRAPHIC]](https://madisonallied.com/wp-content/uploads/2020/11/Key-Terms-to-Know-in-the-Homebuying-Process-INFOGRAPHIC.jpg)
by Thomas Scott | Nov 27, 2020 | Buyer, Down Payments, First Time Home Buyers, Infographic, Interest Rates, Move-Up Buyers
Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way. The best way to ensure your...
by Thomas Scott | Nov 24, 2020 | Buyer, First Time Home Buyers, Interest Rates, Move-Up Buyers, Pricing
There’s no doubt 2020 has been a challenging year. A global pandemic coupled with an economic recession has caused heartache for many. However, it has also prompted more Americans to reconsider the meaning of “home.” This quest for a place better equipped to fulfill...
by Thomas Scott | Nov 23, 2020 | Buyer, First Time Home Buyers, Interest Rates, Move-Up Buyers, Pricing
This year’s record-low mortgage rates sparked high demand among homebuyers. Current homeowners, however, haven’t put their houses on the market so quickly. This makes finding a home to buy today challenging for many potential buyers. With an obstacle like this, those...
by Thomas Scott | Nov 19, 2020 | Buyer, Interest Rates
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as...
