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The Reason Mortgage Rates Are Projected to Increase and What It Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low […]

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Where Have All the Houses Gone?

For Buyers, For Sellers, Housing Market Updates, Pricing, Selling Myths / debra / February 22, 2021

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Home Mortgage Rates by Decade [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers / debra / February 19, 2021

Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home. Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last

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Will Low Mortgage Rates Continue through 2021?

First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers / debra / February 18, 2021

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise. Recently, Freddie Mac released their quarterly forecast, noting: “The average 30-year fixed-rate mortgage hit a record low over a dozen times in 2020 and the low interest

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3 Ways Home Equity Can Have a Major Impact on Your Life

Distressed Properties, For Buyers, For Sellers, Foreclosures, Rent vs. Buy / debra / February 17, 2021

There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM

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Millennials: Is It Time to Buy a Bigger Home?

Demographics, For Buyers, For Sellers, Millennials, Move-Up Buyers / debra / February 16, 2021

In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people begin to form their own households and invest in real estate. If you’re like many millennials who are spending

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3 Ways You’ll Win When You Buy a Home This Year

First Time Home Buyers, For Buyers, Interest Rates / debra / February 15, 2021

There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that’s largely uncertain. If you’re a

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Why It’s Easy to Fall in Love with Homeownership [INFOGRAPHIC]

First Time Home Buyers, For Buyers, Infographics / debra / February 12, 2021

Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If you’re ready to fall in love with a home of your own, let’s connect to

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47% of New Buyers Surprised by How Affordable Homes Are Today

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing / debra / February 11, 2021

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments

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The Luxury Market Is Attracting Buyers in 2021

For Buyers, Housing Market Updates, Interest Rates, Luxury Market, Move-Up Buyers / debra / February 10, 2021

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: “In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury

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