Key points: Despite the financial instability of 2020, it was actually a great year for homeownership. Rock-bottom-low interest rates provided homeowners and buyers with a lot of fantastic real estate opportunities. Interest rates are still low, so if you’re thinking of making a move, now is the time! Contact Linda Craft & Team today to […]
Category Archives: Buying A Home in the Greater Raleigh Area
How VA Home Loans Help Heroes Find Homes
In this issue: In 2019, the Veteran’s Administration guaranteed over 600,000 home loans. Almost half were made without a down payment. In 2019, nearly $120 million was provided to help seriously disabled veterans purchase, modify, or construct a home to meet their needs. Many veterans don’t take advantage of the outstanding benefits available through the […]
Why the Cost of a Home Is Far More Important Than the Price
Knowing how much you can afford is an important first step in your home buying journey. However, many buyers make the mistake of only factoring the list price of a property into their final decision. And as prices continue to skyrocket, you may be wondering if it’s possible to make a move in such a […]
The Top Three Ways to Win a Bidding War in Raleigh’s Competitive Market
Low inventory and even lower mortgage rates have caused the Triangle’s hot real estate market to become increasingly competitive. As a buyer, that means you’ll need to do even more to stand out, particularly if a home has multiple offers. We’ve narrowed down the top three ways to beat out other buyers in a bidding […]
Homes in the Triangle Are Now More Affordable Than Ever—Here’s Why!
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 […]
How Historically Low Interest Rates in 2020 Bolster Real Estate
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 […]
Is This the #1 Benefit of Homeownership?
There’s a reason homeownership has long been a critical pillar of the American Dream—and it’s not just about the white picket fence. Many economists will tell you that buying a home is one of the savviest financial investments you can make. So does that mean wealth is the #1 benefit of homeownership? Financial Wealth: The […]
Homeownership Rates Are Higher Than They’ve Been in 8 Years!
Is It Smart to Buy a Home Right Now? Actually… Yes.
With unprecedented closures and social distancing measures changing the way we do everything from business to everyday life, the economy has been in a state of upheaval, leaving many would-be buyers wondering if it’s smart to buy a home right now. Some have put their searches on hold, while others have continued on the hunt. […]
Will 2020 Be the Year of Luxury Real Estate?
Luxury homes weren’t seeing too much interest at the end of 2018. The US real estate market was comprised heavily of first-time buyers searching for lower-priced homes, and the luxury market slowed considerably. But a shift in the market and buyer interest shows that luxury real estate might be poised to make a comeback in […]