There’s an old adage in real estate: location, location, location.But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates.Higher rates had the immediate impact of dampening homebuyer affordability and demand.But this year, we’re seeing further Continue Reading about National Real Estate Market Update for June 2023
Real Estate Market
It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes.Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by Continue Reading about How to Become a Homeowner on a First-Time Buyer’s Budget
When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly.But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can end up stuck (months later) with a property that hasn’t sold.If that’s you, don’t panic! We’ve outlined Continue Reading about My Home Didn’t Sell! Now What?