Tax season isnāt just about filing paperworkāitās also an opportunity to take a step closer to homeownership. If youāre expecting a tax refund this year, it could be the perfect financial boost to help you buy a home. Whether youāre a first-time buyer or looking to make a move, here are smart ways to maximize [ā¦]
If youāre thinking about selling your Raleigh home and relocating, you might have noticed that options have been limited lately. But hereās 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 [ā¦]
In this issue: Soaring home values and surging buyer demand have led many to believe that weāre experiencing another housing bubble. However, conditions are vastly different from those preceding the 2008 market crash. Extremely low inventory, verified demand, and strong equity are all bolstering todayās housing marketāand were lacking in the mid-2000s market. The absence [ā¦]
Key points: Though 2020 was financially devastating for many, most homeowners saw a dramatic gain in home equity over the past 12 months. US homeowners with mortgages saw a 2020 home equity increase of over $1 trillion. The average homeowner gained approximately $17,000 in equity in the past year aloneāthatās a 10.8% increase over last [ā¦]
In this issue: We could see the best winter housing market everāand close out the year with more total sales in 2020 than in 2019. Mortgage rates are expected to remain lowā¦ but they wonāt be this low for much longer. The biggest challenge the market faces right now is a lack of available homes [ā¦]
In this issue: In 2019, the Veteranās Administration guaranteed over 600,000 home loans. Almost half were made without a down payment. In 2019, nearly $120 million was provided to help seriously disabled veterans purchase, modify, or construct a home to meet their needs. Many veterans donāt take advantage of the outstanding benefits available through the [ā¦]
If youāve 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, theyāre not just lowātheyāre lower than theyāve ever been in history. Since interest rates are so low, how do todayās mortgage payments compare to those in decades [ā¦]
Traditionally, spring and summer are hot seasons for homebuying. Warm weather, longer days, and summer vacation provide plenty of opportunities for those looking to make a move. However, this past spring didnāt go quite as planned. Fortunately, summer 2020 real estate is expected to do a little better Will Summer 2020 Real Estate Make a [ā¦]
This spring, mortgage interest rates fell to all-time historic lows, and now they are projected to remain low for the foreseeable future. This has created a huge incentive for investorsāand for sellers who want to take advantage of high buyer demand. What Does High Buyer Demand Mean for You? If youāre thinking about buying or [ā¦]
The start of the year showed quite a bit of promise for real estateāhigh prices, strong demand, steady interest ratesā¦ and then a global health crisis threw the American economy into chaos. Widespread closures, unemployment, and stay-at-home orders have led many to postpone making large purchases or sales. However, interest rates in 2020 may indicate [ā¦]