Key Takeaways: Home prices are surging this year, which is directly tied to strong buyer demand and low housing supply. Experts predict more moderate home prices in 2022, but next year’s prices will still be higher than the annual average over the last 25 years. Prices are expected to continue increasing into 2022—allow Linda Craft […]
Key Takeaways: The headlines about declining housing affordability are correct—but they’re not taking into account inflation rates. Buying a home is actually more affordable today compared to almost every year in the last five decades, which means you can afford homeownership. Here at Linda Craft & Team, we want all our clients to take advantage […]
Key Takeaways: Median rental payments have reached their highest point ever, with rents up by 8.1% from this time last year. Buying a home may be more affordable than you can imagine—the average mortgage payment is actually lower than the median monthly rent currently. Here at Linda Craft & Team, we are experts in homeownership. […]
Key Takeaways: Near record-low mortgage rates made for a strong housing market in the first half of 2021, but now real estate experts are looking forward to the rest of the year. Experts’ forecasts are calling for sunshine in the Triangle, with continually low mortgage rates and more housing inventory. No other team of Realtors […]
Key Takeaways: The housing forecast for the second half of 2021 remains optimistic, but the market could be at its peak right now. If you want to take full advantage of low interest rates, high prices, and unprecedented buyer interest, don’t let the summer market pass you by. Take your first steps towards “Sold” with […]
Key Takeaways: There are many home-buying myths that intimidate young buyers—and we’re here today to debunk these damaging myths. Buying a home is more affordable today compared to historical averages, which means you may be able to afford more home than you think. Here at Linda Craft & Team, we understand that being a young […]
Key Takeaways: Here in the Triangle and across the country, dwindling inventory has helped to drive up home prices. Many buyers and sellers are wondering if these trends are here to stay, but it’s hard to know exactly what the market will do in the second half of 2021. Want to learn more about making […]
Key Takeaways: Buying a home is more affordable today compared to the historical average, partially due to unprecedented low mortgage rates. Waiting to purchase a home could cost you money in the long run, especially if your rent payments are impacted by inflation. Linda Craft & Team wants you to know that you can afford […]
Key Takeaways: There is no better time than now to borrow money for your new home, especially with mortgage rates on the rise. Because mortgage rates and homebuyer purchasing power going hand-in-hand, even the slightest increase in mortgage rates impacts your home-buying budget. If you’re wondering how you’re going to afford your new home in […]
Key Takeaways: Last March, many feared that the once-in-a-lifetime pandemic would cause a market crash—but real estate actually had its best year ever. As prices continue to increase, many are wondering if we’re headed towards a housing bubble akin to what we saw in 2008. Believe it or not, the market is nothing like it […]