Over the past few years, many people have found it challenging to buy a home in Raleigh. While home affordability is still tight, there are signs it’s getting a bit better and might continue to improve throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: Housing […]
Are you contemplating selling your Raleigh home? The current mortgage rates might be giving you pause and make you question the timing of your decision. It’s not uncommon for homeowners to have concerns about selling when facing potentially higher mortgage rates for their next property. If you’re in the same boat, rest assured that while […]
Key Takeaways: Today’s house price appreciation is making homes more expensive, yet they are still more affordable when you consider equity gains. When you buy a Triangle area home, you benefit from equity build-up—this means that you’re actually making money even as you pay your mortgage. Want to learn more about the equity increase in […]
As of late, there’s been a lot of buzz about home prices going up, and a fair amount of anxiety about what that means for buyers. While some headlines have been announcing an “affordability crisis,” that’s perhaps an over-sensationalization of current conditions. If you’re worried about not being able to afford a home in the […]
When we talk about “affordability,” a lot of definitions may come to mind. For real estate specifically, affordability is something of a hot topic. While it is true that buying a home is less affordable today than it was at any other time in the past decade, that has a lot to do with the […]
In recent years, there’s been a major shift in how wealth is passed between generations, known as the Great Wealth Transfer. Traditionally, transferring wealth from one generation to the next was a gradual process, often involving smaller inheritances or family savings. But today, the scale has grown significantly. As a recent article from Bankrate explains: […]
If you haven’t heard yet, homebuyers are starting to regain some negotiating power in the current market. This shift means that negotiation tactics are becoming more important than ever. While this doesn’t necessarily make it a buyer’s market, it does mean buyers might be able to ask for a bit more. So, sellers should be […]
In the current real estate climate, securing a home has become a daunting task due to rising mortgage rates and home prices. This situation has sparked interest among many in exploring available grants and down payment assistance programs. However, finding a starting point can be overwhelming for prospective homeowners. A recent Bank of America Institute […]
Finding your dream home in Raleigh or the Triangle area can feel tricky these days. Just like any market, there are challenges – higher mortgage rates, rising home prices, and fewer houses available. With all that going on, it’s definitely a lot to think about! The good news is, there’s a way to avoid these […]
If you’re planning to sell your Triangle area home and make a move this year, you might be feeling both excited about the future and sentimental about leaving your current home. To manage these emotions and ensure you’re confident in your decision, consider these three crucial best practices for selling. 1. Set the Right Price […]