If you’ve been thinking about buying a home or you follow real estate news, you have likely heard that interest rates are very low right now. In fact, they’re not just low—they’re lower than they’ve ever been in history. Since interest rates are so low, how do today’s mortgage payments compare to those in decades […]
When the economy tumbled earlier this year, many feared the housing market was soon to follow. Business closures and stay-at-home orders did significantly decrease the number of sales overall, though prices largely remained steady, particularly here in the Raleigh area. While many predicted a quick recovery once businesses reopened, few saw the historic housing market […]
The COVID-19 health crisis brought many aspects of American life to a halt in early 2020. Real estate was not unaffected, though it has remained surprisingly stable. Sales declined fairly steeply in April and May, but have since started to pick back up again, paving the way for a strong summer 2020 housing market, especially […]
Spring and summer are traditionally hot seasons for real estate. However, the ongoing health crisis and talks of economic slowdown have many buyers and sellers worrying that real estate will suffer. Since supply and demand set home prices, we may be able to get an idea of what’s on the horizon. Supply and Demand Set […]
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 […]
Real estate trends are prone to change. After all, there are many factors that play into home prices and mortgage rates, and as the economy changes, the real estate market follows suit. If you want to get the best possible outcome to your real estate endeavor, staying updated on current real estate trends is crucial […]
Buying a home is a big decision, one that requires plenty of thought and deliberation. While it’s important to take your time and feel confident in your choice, you might want speed up the process. Why? Well, within the next year, buying is about to become significantly more expensive. Take a look at the breakdown […]
Hi Everyone, Last week the Wall Street Journal economist reported that the bottom has been reached in the metropolitan cities and they predict a return to begin immediately in those cities. They also stated that other areas are expected to follow soon. The lowering of interest rates into the 5% range has helped give every […]