In recent years, there’s been a major shift in how wealth is passed between generations, known as the Great Wealth Transfer. Traditionally, transferring wealth from one generation to the next was a gradual process, often involving smaller inheritances or family savings. But today, the scale has grown significantly. As a recent article from Bankrate explains: […]
Over the past few years, many people have found it challenging to buy a home in Raleigh. While home affordability is still tight, there are signs it’s getting a bit better and might continue to improve throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: Housing […]
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: 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 […]
Knowing how much you can afford is an important first step in your home buying journey. However, many buyers make the mistake of only factoring the list price of a property into their final decision. And as prices continue to skyrocket, you may be wondering if it’s possible to make a move in such a […]
Even amidst a global pandemic and economic downturn, home prices just keep going up. And while this may seem like great news for sellers, buyers have also gained a serious advantage over the last few months. Believe it or not, homes in the Triangle are now more affordable than ever before thanks to record low […]