Interest rates are at a historic low. In fact, they’ve been on a slow decline since November of 2018, resulting in some of the best mortgage interest rates we’ve seen in a while! In fact, these are the lowest they’ve been since January 2018. If you’ve kept up to date on the Raleigh real estate […]
If you’re in the middle of buying a home in the greater Raleigh area, you’ve probably already listened to a lot of unprompted advice. Home-buying, and real estate in general, is one of those topics that elicits some pretty strong opinions. At the end of the day, however, it all boils down to what you […]
Homeownership is closer than you think! If you’ve long been considering buying a home in the greater Raleigh area, now is the time to act. You might be worried about the financial side to buying a home: the hefty down payment and the mortgage approval process—but it’s really not that complicated. In fact, there are […]
If you’re thinking about buying a home in Raleigh, you’ve probably checked your credit score at least once, and maybe even been a bit dismayed at what you found. The truth is, many would-be homeowners out there feel like their credit score has to be in the high-700s in order to buy a home. Luckily, […]
If you’re currently searching for a home to buy in Raleigh, chances are you’ve already thought about applying for a mortgage. Obtaining a mortgage loan is a huge part of the buying process, as it has an enormous impact on how much you can afford and how much your monthly payments will be. As such, […]
After the housing market crash of 2008, homeownership rates throughout the country have decreased dramatically. At one point prior to the crash, the homeownership rate was over 69%. In the years following, it dropped to its lowest point at 63.7%. As homeownership in Raleigh continued to decrease throughout the late 2000s and early 2010s, many […]
If you’ve been in the market for a new home, you’ve likely seen (or been a part of) a bidding war. This is fairly common when you’re in a market like ours; one that’s seller-focused due to a discrepancy between housing inventory and demand. In short, a bidding war is when two or more parties […]
If you’re planning on buying a home in Raleigh soon, you’ve probably already started weighing the pros and cons. While buying a home is a huge transaction, and an even bigger investment, it will improve your lifestyle, finances, and overall well-being for years to come. In fact, there are a myriad of benefits—both financial and […]
In the past few months, you may have heard whisperings about an incoming housing market crash. We’re here to put you at ease: we are not headed towards a crash! A lot of this concern comes from average home prices slowing in growth across the country. We wrote a blog about it last week, but […]
In the past couple of months, we’ve written about how the Raleigh real estate market is primed for sellers. That’s because of a discrepancy between housing demand and housing supply. When there aren’t enough homes for sale to satisfy buyer demand, home prices rise. In fact, over the past few years, home price appreciation has […]