Purchasing a home is more than a transaction—it’s a pivotal part of the American Dream. Owning a home transcends the concept of merely having a residence; it represents belonging, stability, and autonomy. Nicole Bachaud, Senior Economist at Zillow, reinforces this sentiment: The American Dream is still owning a home. There’s a lot of pent-up demand […]
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 […]
Dreaming of owning your own place in the vibrant Triangle area? You might be worried about the down payment being a roadblock. But fear not! The reality is far more hopeful than you might think. According to the National Association of Realtors (NAR), a whopping 38% of first-time buyers find saving for a down payment […]
The American Dream isn’t one-size-fits-all, but for many, owning a home remains a cherished ambition. A recent Bankrate survey confirms this, ranking homeownership as the top marker of personal success for Americans (see graph below): In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, […]
As we approach the new year, questions about buying or selling a home in the Triangle area naturally arise. Should you jump in now, or wait for a better time? Fear not, future homeowner! While uncertainty looms large in many sectors, the 2024 Raleigh housing market forecast paints a surprisingly bright picture. Experts Forecast Ongoing Home Price Appreciation Take […]
Raleigh is a booming city with a vibrant housing market. If you’re dreaming of owning a home in Raleigh, you’re not alone. But saving for a down payment can be tough, especially in a competitive market like Raleigh. That’s why some people consider tapping into their 401(k) savings. Before you raid your retirement nest egg, […]
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 […]
If you’re contemplating a move to the Triangle area, one of your top concerns is likely the current state of home prices. Despite the media’s portrayal of a looming housing market crash, the reality is far less dramatic. While home price growth is moderating, it’s not declining. To gain a clear understanding of this trend, […]
As the calendar pages turn and we approach the end of the year, you might be contemplating whether to list your Triangle area house now or wait until the new year. While the holiday season might seem like a time to pause, there are compelling reasons to consider putting your Raleigh home on the market […]