by Stig Bergquist | Dec 14, 2021 | Home Buying, Mortgage Rates
In December, mortgage rates remain stable. The 30-year fixed mortgage rate moved lower from 3.10% to 3.11% during the week ending 12/9/2021. It seems that Investors are optimistic that the omicron variant of Covid-19 will not have a significant impact on markets. ...
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...
by Stig Bergquist | Nov 12, 2021 | Home Buying, Home Gain Statistics, Home Value, Housing Market Updates, Real Estate Market
Almost without exception, housing analysts are predicting that the housing market will slow down in 2022. At least in terms of price appreciation. Home Prices Continue to Go Up There is good news for both home sellers and home buyers if the experts’ predictions...
by Stig Bergquist | Jun 9, 2021 | Foreclosures, Home Buying, Homebuilding, Millennial home
The housing supply is currently at its lowest level since the 1970s. Goldman Sachs said the shortage could last for years due to millennial home buying and fewer starts. There also won’t be enough foreclosures to make a meaningful impact on the market, the bank says....
