by Stig Bergquist | Aug 15, 2022 | Buyer, First Time Home Buyers, Housing Market Updates
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
by Stig Bergquist | Aug 1, 2022 | Buyer, First Time Home Buyers, Move-Up Buyers
Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you....
by Stig Bergquist | Jul 27, 2022 | Buyer, First Time Home Buyers, Move-Up Buyers
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage...
by Stig Bergquist | Jul 26, 2022 | Buyer, First Time Home Buyers, Housing Market Updates
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the...
by Stig Bergquist | Jul 21, 2022 | Buyer, First Time Home Buyers, Housing Market Updates
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about...
by Stig Bergquist | Jul 20, 2022 | Buyer, Buying Myths, Pricing
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I...
