by Stig Bergquist | Jan 12, 2021 | Buyers, First Time Home Buyers, Interest Rates, Move-Up Buyers
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we...
by Stig Bergquist | Jan 11, 2021 | Buyers & Sellers, Interest Rates, Move-Up Buyers, Pricing
According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by...
by Stig Bergquist | Jan 6, 2021 | Buyers, Buying Myths, First Time Home Buyers, Interest Rates
Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building...
by Stig Bergquist | Dec 29, 2020 | Housing Market Updates, Interest Rates, Market Updates, Mortgage Rates
Throughout 2019 and 2020, housing inventory was at record lows. Despite the pandemic and high unemployment, home sales are outpacing new listings every month. Unless there are sellers forced to come to the market in 2021, this scenario should continue. The driving...
by Stig Bergquist | Dec 22, 2020 | Buyers, First Time Home Buyers, Housing Market Updates, Interest Rates, Rent vs. Buy
Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them. 1....
by Stig Bergquist | Dec 21, 2020 | Buyers, Buying Myths, First Time Home Buyers, Interest Rates, Move-Up Buyers
Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or...
