Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership. A real estate boom during the pandemic pushed home prices to an…
Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1 This climate has been unsettling for some homebuyers and sellers. However, with proper planning, you can work toward qualifying…
Homebuyers are getting a lot of mixed messages this year. Interest rates are near record lows, but housing prices are still rising. So should you continue to rent or go ahead and take the plunge to buy? That depends a lot on both your needs and where you live.
You may be wanting more space for home offices, play areas for kids, and more. You may not have to be close to work, which is one reason why there’s a current exodus out of expensive cities like New York City and San Francisco to suburbs or smaller towns.
Understanding making a “low ball” offer. Making a low ball offer is described as: verb: low ball : offer a deceptively or unrealistically low estimate, bid, etc. When purchasing a house, buyers will frequently attempt to offer significantly lower than the sellers listing price. This can be done for a few reasons. Sometimes the seller is…
