It’s no secret that buyer demand has reached an all-time high here in the Triangle. Many first-timers have decided to make the leap towards homeownership thanks to historically low interest rates, as well as increased affordability. However, many would-be buyers aren’t quite sure how to start the process…or how much they can actually afford. If […]
Although Election Day has come and gone, Americans are still waiting with bated breath as states tally their final votes. This decision will have a major impact on our country, especially as the nation continues to navigate a pandemic and economic recession. However, one thing the election won’t change is the housing market. The Real […]
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 […]
There’s a lot of uncertainty hanging over us—the coronavirus closing businesses left and right, stock market volatility sending stocks plummeting, the Fed cutting interest rates to near nothing—but we want to reassure you that another housing market crash is not on the horizon. Here’s Why We Aren’t In Store for a Housing Market Crash After […]
There are a lot of myths and misapprehensions about the homebuying process and real estate investing in general—how Fed rates affect mortgage rates, how inventory affects buyer demand, how the economy as a whole affects the real estate market. But this might be the #1 misconception of the whole process. Homes Values & Affordability: A […]
The new year brings with it a number of big events—a presidential election and talks of a possible recession, to name a few—and that means predicting the real estate market is a bit challenging. What the experts have to say might surprise you. Here are some interesting 2020 real estate projections. Mortgage Rates Will Stay […]
While renting has a number of unique benefits, it also has one big disadvantage in the Raleigh area: it’s skyrocketing. While rent prices have gone up significantly every year since 2005, the average mortgage payment has actually decreased since then. In fact, according to Core Logic, the average rent has increased by 36% between 2005 […]
As you get closer and closer to retirement, it’s time to start thinking about where you want to live. The big question on every almost-retirees mind is whether to stay in their home or buy a new one. Take a long, hard look at your current home to assess whether or not you can renovate […]
Many people believe that they can’t afford to buy a home because they can’t afford the down payment. Time and time again, I hear would-be homebuyers resign themselves to a life of renting because a 20% down payment just isn’t feasible. However, this is one of the biggest myths of buying a home! The truth […]
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? […]