Retirement marks a period of relaxation, new adventures, and indulging in your passions. As you embark on this exciting phase, it’s crucial to reassess whether your current living situation still aligns with your needs. For many, a large home can become too costly or impractical during retirement. Downsizing could be a smart solution to enhance […]
In today’s housing market, one of the most common mistakes sellers make is overpricing their Triangle Area homes. This misstep often leads to homes sitting on the market for extended periods without offers. When that happens, sellers may be forced to reduce their asking price to regain buyer interest. Recent data from Realtor.com shows an […]
You’ve probably heard a lot about mortgage rates recently. Headlines may talk about the Federal Reserve’s (the Fed) recent meeting and its impact on rates. However, the Fed doesn’t directly set mortgage rates, despite what the headlines might imply. The reality is that mortgage rates are influenced by various factors, including geopolitical uncertainty, inflation, and […]
Finding your dream home in Raleigh or the Triangle area can feel tricky these days. Just like any market, there are challenges – higher mortgage rates, rising home prices, and fewer houses available. With all that going on, it’s definitely a lot to think about! The good news is, there’s a way to avoid these […]
Owning your first home is an exciting milestone, one that promises to elevate your lifestyle. However, navigating the current Triangle area market requires careful planning. Limited housing inventory and affordability concerns are realities that first-time buyers need to be aware of. If you’re prepared to purchase your first Raleigh home, here are three strategic tips […]
Spring is here, and with its arrival comes the golden opportunity to elevate your Triangle area home’s curb appeal. (Curb appeal is essentially the charm and attractiveness of your home as viewed from the outside, a key factor in shaping a buyer’s first impression!) With the milder weather and the vibrant blossoms of spring, it’s […]
There’s a lot of talk about home prices these days. While they’re going up across the country, some people are still worried they might drop. A survey from Fannie Mae showed that about 1 in 4 people think home prices might actually fall in the next year. If you’re feeling this way, you’re not alone. […]
Hesitant to sell your Triangle area property due to previously high mortgage rates? There’s encouraging news with the recent downward shift in mortgage rates. Since peaking at 7.79% last October, rates have consistently stayed under 7% for over a month (refer to the graph below): This drop in rates, while not reaching the lows of […]
As you embark on the journey of selling your Raleigh home, you’re likely considering the current market dynamics and how they align with your needs. One factor that may prove advantageous is the current shortage of homes available for sale in the Triangle area. Let’s delve into the current low-inventory market and its implications for […]
The aspiration of owning a home has long been a cornerstone of the American Dream. Buying a home symbolizes stability, independence, and the establishment of a place to truly call your own. However, for Gen Z, the generation born between 1997 and 2012, realizing this dream can seem daunting in today’s environment of rising mortgage […]