The housing market is starting to feel more active again, and buyer demand is picking up in ways that are hard to ignore. Mortgage rates have dropped by nearly a full percentage point this year, and that shift is beginning to re-energize buyers across the Triangle area market. Home loan applications are rising. Buyer activity […]
After years of high mortgage rates and slowed buyer activity, the housing market is finally showing signs of renewed energy. More Triangle area sellers are listing their homes, and more buyers are jumping back in. And while it may not be a full-blown boom just yet, momentum is building. This shift may be gradual, but […]
More and more families are coming together under one roof — and the numbers prove it. According to the National Association of Realtors (NAR), 17% of recent homebuyers purchased a multi-generational home to live with parents, adult children, or extended family — the highest percentage NAR has ever reported (see graph below). So, what’s fueling […]
These days, it seems like every headline about the housing market comes with a heavy dose of doubt. Are prices rising or falling? Is a crash coming? Will mortgage rates ever come down? With all the noise, it’s easy to feel unsure about buying a home in Raleigh. But here’s what doesn’t always make the […]
With the cost of nearly everything on the rise, it’s no surprise that inflation has remained higher than expected. Prices for goods, services, and housing continue to climb, leaving many people wondering: Is now really the right time to buy a home? Here’s the good news—owning a home is one of the best ways to […]
If you’re like many aspiring homebuyers, you may feel like rising costs—from groceries to gas and housing—are standing in your way. Home prices have gone up, making affordability a challenge. But even in a competitive market, homeownership doesn’t have to stay out of reach. With the right approach, buying your first home in the Triangle […]
There’s no doubt that affordability is a challenge in today’s market. But that doesn’t mean you have to put your homeownership dreams on hold. If you’re open to a little home renovation work—or hiring someone who is—buying a fixer-upper in the Triangle Area could be a smart way to get into the housing market at […]
If retirement is approaching, now is the perfect time to start planning for your next chapter. Ensuring your financial stability is key to enjoying the lifestyle you envision. What many homeowners don’t realize is that they may be sitting on a hidden financial asset—their home. According to data from the Federal Housing Finance Agency (FHFA), […]
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 […]
If you’re thinking about selling your Triangle Area home, you may be considering several factors, especially with today’s housing affordability challenges. One way to make your decision easier is to understand the amount of home equity you’ve accumulated over the years. Here are two main factors that significantly impact your equity. How Long You’ve Owned […]