No matter how the housing market changes, there are some things about owning a home that never changes—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours. Meaning of Home Over the last few years, we’ve fully embraced the meaning of our Continue Reading
Before you buy a home, it’s essential to plan. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for. What Are Closing Costs? Closing costs Continue Reading
Key Takeaways As a Buyer, there are steps to take for a winning strategy to purchase your dream home. In today’s housing market, you can still be the champion if you have the right team and strategy. To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd. Let’s connect Continue Reading
67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008. Back Then, Mortgage Standards Were Less Continue Reading
The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the Continue Reading
Are you considering selling your home? Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold. Homeowners are not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have Continue Reading
Key Takeaways Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%. Let’s connect to make sure you have a trusted Continue Reading
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Turnaround Signs for the Housing Market Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, Continue Reading
Manhattan Market Report for the week ending January 27th, Supply closed out at 6,026 and trends up for the first time this year above the 6,000 level. Pending Sales at 2,191 and off-market listings (delisting) maintain the market pulse at a .36% level. Monthly Contract Activity Monthly Contract Activity resides at 778 (blue bar) trends below the historical averages Continue Reading
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