Key Takeaways: Waiting until 2022 to buy a home could cost you thousands of dollars thanks to home price appreciation and increased mortgage rates. New housing inventory is beginning to increase in the Triangle area, so now is the time for prospective buyers to make their moves! If you’re wondering whether you should buy a […]
Key Takeaways: Median rental payments have reached their highest point ever, with rents up by 8.1% from this time last year. Buying a home may be more affordable than you can imagine—the average mortgage payment is actually lower than the median monthly rent currently. Here at Linda Craft & Team, we are experts in homeownership. […]
Key Takeaways: Over the last year, mortgage rates dipped below 3% for the first time in recorded history—but we’re already seeing them go up again. If you want to make the most of today’s low rates before they increase, now is the time to buy a home. Contact Linda Craft & Team at 919-235-0007 to […]
Even amidst a global pandemic and economic downturn, home prices just keep going up. And while this may seem like great news for sellers, buyers have also gained a serious advantage over the last few months. Believe it or not, homes in the Triangle are now more affordable than ever before thanks to record low […]
The start of the year showed quite a bit of promise for real estate—high prices, strong demand, steady interest rates… and then a global health crisis threw the American economy into chaos. Widespread closures, unemployment, and stay-at-home orders have led many to postpone making large purchases or sales. However, interest rates in 2020 may indicate […]
We all know that home prices change over time. It’s one of the reasons we invest in real estate in the first place—because we know that a home you buy today is likely going to be worth a lot more tomorrow! But did you know that interest rates have also changed a lot over time… […]
What’s New in the Triangle Real Estate Market Home ownership is the American Dream! A home provides shelter, safety, and an investment that forces savings and increases in value over time – allowing you to build personal wealth. Knowing how important a good real estate investment can be to your future, let’s take a look […]
The news reports almost daily that it is a great time to buy residential real estate in the Triangle area because of how affordable homes are today compared to years past. In fact, they brag that
Mortgage rates fluctuate daily – sometimes even multiple times a day. Have you ever wondered where those rates come from or why? The answer lies on Wall Street – specifically the trading of Mortgage Backed Securities. Mortgage rates are tied to the stock market. When Mortgage Backed Security trading is in high demand rates go down, when trading slows down […]
What is the Busiest Time of the Year for Buying or Selling Real Estate in the Raleigh area? Every market has