You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy
As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing?
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the strongest housing topics today.
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history.
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021.
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found the home of your dreams.
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American.
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad time to buy” hit 64%, up from 56% last month and 38% last July.
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford.
There’s plenty of money to be made in the property investment game. In fact, most expert studies suggest that the average investor makes between $70,000 and $124,000 annually. This potential reward, however, is tempered by the risk of losing money if the job is handled improperly. RE/MAX Elite Partners presents some actionable recommendations for individuals who are new to the real estate business.