by Stig Bergquist | Mar 15, 2023 | Buyer, Buying Myths, First Time Home Buyers
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the...
by Stig Bergquist | Mar 10, 2023 | Buyer, Buying Myths, First Time Home Buyers, Infographic
Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take...
by Stig Bergquist | Mar 9, 2023 | Buyer, First Time Home Buyers, Move-Up Buyers
Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1. Lean on a Real...
by Stig Bergquist | Mar 7, 2023 | Buyer, Demographics, First Time Home Buyers
During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at...
by Stig Bergquist | Feb 28, 2023 | Buyer, First Time Home Buyers, Housing Market Updates
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to...
by Stig Bergquist | Feb 27, 2023 | Buyer, First Time Home Buyers, Housing Market Updates
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you...