Want to buy a home this summer in Raleigh but unsure if the timing is right? Youāre not aloneāmany buyers are waiting to see how the market unfolds. But savvy buyers are recognizing a unique opportunity: This summer could be one of the most advantageous times to buy a Triangle area home in years. Here […]
Category Archives: Home Buying Tip
Multi-Generational Homebuying Hit a Record High ā Hereās Why
More and more families are coming together under one roof ā and the numbers prove it. According to the National Association of Realtors (NAR), 17% of recent homebuyers purchased a multi-generational home to live with parents, adult children, or extended family ā the highest percentage NAR has ever reported (see graph below). So, whatās fueling […]
Is Inventory Getting Back To Normal?
If youāve felt like finding the right home in the Triangle area has been nearly impossible over the past few years, youāre not alone. But things are starting to shiftāand in a good way. Across the country, housing inventory is rising, which means more options for buyers. Still, that growth isnāt happening evenly everywhere, which […]
Newly Built Homes May Be Less Expensive Than You Think
If youāve assumed a brand-new home automatically comes with a hefty price tag, it might be time to take another look. Right now, the housing market is offering a unique opportunityānewly built homes in the Triangle area are often more affordable than existing ones. According to recent data from the U.S. Census Bureau and the […]
Understanding Todayās Mortgage Rates: Is 3% Coming Back?
Many home buyers in Raleigh are still on the sidelines, waiting and hoping for mortgage rates to fall back to the historic lows of 3% we saw just a few years ago. But itās important to understand that those ultra-low rates were a unique response to a global eventānot the norm. And as the economy […]
Why Buying Real Estate Is Still the Best Long-Term Investment
These days, it seems like every headline about the housing market comes with a heavy dose of doubt. Are prices rising or falling? Is a crash coming? Will mortgage rates ever come down? With all the noise, itās easy to feel unsure about buying a home in Raleigh. But hereās what doesnāt always make the […]
What You Can Do When Mortgage Rates Are a Moving Target
Have you been keeping an eye on mortgage rates lately? One day they dip, the next they climb again. Itās no wonder so many Triangle area buyers feel unsure about when to jump into the market. The graph below, based on Mortgage News Daily data, shows just how much rates have fluctuated in Aprilāespecially compared […]
Paused Your Moving Plans? Hereās Why Itās Time To Hit Play Again
If you hit pause on your home search last year, you werenāt aloneā70% of buyers did the same. Between limited housing inventory, high prices, and fluctuating mortgage rates, the timing just didnāt feel right. But things are changing, and now might be the perfect time to jump back in. The Housing Inventory Sweet Spot Todayās […]
Timing Your Move: What to Know About Buying a Home Before the School Year Starts
Summer isnāt just peak vacation seasonāitās also one of the most active times of year for homebuyers, especially families with school-aged children. If youāre considering a move and want to settle into a new home before the first school bell rings, nowās the time to act. Hereās what you need to know about buying a […]
The 20% Down Payment Myth, Debunked
If youāre a first-time homebuyer in Raleigh, saving up to purchase a home in the Triangle area can feel overwhelmingāespecially if you think you need to put 20% down. But hereās the good news: that 20% figure is a myth for most buyers. Do You Really Need 20% Down To Buy a Home? Unless your […]