Thinking about buying a Triangle area home but feeling hesitant because of today’s mortgage rates? You might be wondering, “Should I wait until spring when more homes hit the market and rates might improve?” The truth is, no one can predict exactly where mortgage rates will go. And while waiting until spring might seem like […]
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 […]
