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 14, 2023 | Buyers & Sellers, Buying Myths, First Time Home Buyers
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing...
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 | Feb 23, 2023 | Buyer, Buying Myths, First Time Home Buyers
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable....
by Stig Bergquist | Feb 3, 2023 | Buyer, Buying Myths, Infographic
Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...
by Stig Bergquist | Jan 17, 2023 | Buyer, Buying Myths, First Time Home Buyers
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...