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 […]
Every year, the National Association of Realtors® conducts a survey to determine the profile of home buyers and sellers across the country. The 2018 profile is interesting because the majority of recent homebuyers (a whopping 63%!) are married couples! The Majority of First-Time Buyers are Married Couples It’s true! According to the NAR, 54% of first-time […]
If you’re looking for the most surefire way to build your wealth, become a homeowner. We’ve blogged about this in the past, but it really is one of the most effective (and simplest) ways to build your wealth for the long term. The majority of homeowners take out a mortgage loan to buy their home. […]
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 […]
There’s no doubt about it: buying a home is a daunting task. In fact, many potential buyers are nervous about the commitment and obligation that comes with buying a home. If you’re more comfortable renting because you think you can’t afford buying a home, we should talk. The truth is, even when you’re a tenant, […]
The most surefire way to begin building your wealth in the NC Triangle? Become a homeowner. Buying a home essentially forces you to build wealth. To purchase a home, you have to apply for a mortgage loan to pay for it. Then, every month, you pay off a percentage of that mortgage. Each mortgage payment brings […]
If you’ve been eyeing the Triangle real estate market for a while, you’ve probably noticed interest rates rising in 2018. As we enter the first quarter of the new year, it’s important to stay on top of changing mortgage interest rates. Right now, interest rates for mortgages in the United States are on a downward […]
When it comes to real estate, it can be easy to get bogged down by the numbers. How much money are you going to spend on a home? Are you going to be able to build substantial equity over the years? If you decide to sell before your mortgage is paid off, will you have […]
2018 is quickly drawing to a close, which means it’s time to start planning for the new year. If you’re still renting a home in the Triangle, please know that you have better options available! Have you been dreaming of becoming a Triangle homeowner? You’re not alone! This is a wonderful area to invest in, […]
Let’s start the new year off right. If you’ve been dreaming of a new home, it’s time to get started. Here’s a month-by-month guide to planning for and buying a new home. It’s about time to set your new year’s resolution, right? January: Brush Up on Your Market Knowledge The best way to get started? […]