by Stig Bergquist | Aug 4, 2022 | Advice For Buyers, Advice for Renters, Buying a Home, Mortgage Rates
According to Freddie Mac, the 30-year fixed-rate mortgage averaged 5.30% in the week ending July 28, down from 5.54% the week before. While lower, it is still higher than the 2.80% recorded for last year at this time. Starting in January, mortgage rates rose quickly...
by Stig Bergquist | Jun 7, 2022 | Advice For Buyers, Buying a Home, Housing Market Updates
Historically a housing bubble was created when homes are readily available due to a surplus supply, credit is loose, and high demand for housing exists. Banking regulations became more restrictive after the 2008 market crash, so credit is not loose. Buyers today are...
by Stig Bergquist | Jan 13, 2022 | Advice For Buyers, Home Equity Loans, Home Value, Real Estate Finances
Are you living on your own? Do you dream of homeownership? You are not alone. According to Freddie Mac, 28% of all households are sole-person, and that number is growing. Here are three hacks for a sole-person household to help you achieve your homeownership goals....
by Stig Bergquist | Dec 14, 2021 | Advice For Buyers, Advice for Renters, Buying a Home, Home Inspection, Neighborhood
If you’re starting to think about looking for a new home, picking the neighborhood can seem almost as complicated as picking the house itself. Here are five things to keep in mind as you explore neighborhoods you might like to live in. 1. Time the Commute to Your Job...
by Stig Bergquist | Nov 12, 2021 | Advice For Buyers, Home Buying, Work From Home
The pandemic has changed the work styles of many Americans. And as a result, it has changed the things that Americans are looking for when buying homes. Homebuyers see what home sellers view as “extra” rooms for home office space and zoom meeting rooms. Remote Work...
by Stig Bergquist | Nov 12, 2021 | Advice For Buyers, Advice for Homeowners, Home Buying, Housing Market Updates
The Challenge For some time now, real estate reporters have been talking about the challenges facing home buyers. Chief among these challenges is the lack of available homes for sale. This supply shortage has led to rapid price appreciation and bidding wars in many...
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