If you’re thinking about selling your Raleigh home and relocating, you might have noticed that options have been limited lately. But here’s some good news: the number of homes on the market has increased in many areas this yearāincluding Raleighāand that includes both existing homes and newly built ones. So how do you make the […]
Tag Archives: buying a home in the triangle
Could Waiting a Year to Buy a Home Cost You?
Key Takeaways: Waiting until 2022 to buy a home could cost you thousands of dollars thanks to home price appreciation and increased mortgage rates. New housing inventory is beginning to increase in the Triangle area, so now is the time for prospective buyers to make their moves! If youāre wondering whether you should buy a […]
Is Housing Affordability Just About the Money?
Key Takeaways: Todayās house price appreciation is making homes more expensive, yet they are still more affordable when you consider equity gains. When you buy a Triangle area home, you benefit from equity build-upāthis means that youāre actually making money even as you pay your mortgage. Want to learn more about the equity increase in […]
Why Do Buyers Now Prefer Existing Homes?
Key Takeaways: In 2020, a majority of homebuyers preferred new constructionābut we’ve now seen a shift towards existing homes. Volatile lumber prices and a slower building process might be the reasons behind this unexpected trend. No matter what type of home you’re looking to buy, Linda Craft & Team are here to help you navigate […]
Why Is Pre-Approval Imperative in the Home-Buying Process?
Key Takeaways: Pre-approval is one of the most important steps of the home-buying process, especially when determining your budget.Ā In a super competitive sellersā market where bidding wars are the norm, pre-approval will make you stand out among other buyers.Ā A pre-approval letter is a game-changer when buying a homeācontact Linda & Craft Team today […]
Should You Move or Refinance Your Home?
Key Takeaways: Homeowners are earning dollar-for-dollars gains in their home equity as real estate values continue to increase. Due to significantly high home equity levels, many homeowners are considering whether they should refinance their current homes or move to a new one. Linda Craft & Team wants you to take advantage of todayās optimal market […]
Is Buying a Home Still Affordable?
Key Takeaways: Buying a home is more affordable today compared to the historical average, partially due to unprecedented low mortgage rates.Ā Ā Waiting to purchase a home could cost you money in the long run, especially if your rent payments are impacted by inflation.Ā Linda Craft & Team wants you to know that you can afford […]
Do You Know How Much Closing Costs Are?
Key Takeaways: Closing costs are fees required to obtain a mortgage, so itās important to account for these in your home-buying budget.Ā Closing costs are typically between 2% and 5% of the total cost of your home, which can amount to thousands of dollars depending on your purchase price.Ā Linda Craft & Team have all […]
How Much Do Mortgage Rates Affect Your Home-Buying Budget?
Key Takeaways: There is no better time than now to borrow money for your new home, especially with mortgage rates on the rise.Ā Because mortgage rates and homebuyer purchasing power going hand-in-hand, even the slightest increase in mortgage rates impacts your home-buying budget. If youāre wondering how youāre going to afford your new home in […]
How to Make Your Offer Stand Out to Sellers
In today’s real estate market, buyer interest has far eclipsed available inventory. Now that so many buyers have entered the market, itās more important than ever to know the ins and outs of making a competitive offer. Don’t miss out on the home of your dreams! If you want to work with an agent who […]