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 donāt realize is that they may be sitting on a hidden financial assetātheir home. According to data from the Federal Housing Finance Agency (FHFA), [ā¦]
Tag Archives: real estate market
3 Reasons To Buy a Home Before Spring
Thinking about buying a Triangle area home but feeling hesitant because of todayās mortgage rates? You might be wondering, āShould I wait until spring when more homes hit the market and rates might improve?ā The truth is, no one can predict exactly where mortgage rates will go. And while waiting until spring might seem like [ā¦]
Why Buying Now May Be Worth It in the Long Run
Should you jump into the Triangle Area market now or hold off? Itās a question many potential Raleigh homebuyers are asking. While your personal circumstances will play a big role in the decision, thereās one important factor to keep in mind as you weigh your options. Buying now means you start building equity right away. [ā¦]
Why Your Asking Price Matters Even More Right Now
If youāre considering selling your Triangle Area home, setting the right asking price has never been more crucial. Even though itās a sellerās market, you cannot just set any price for your Raleigh home. Currently, home prices are still on the rise, but the pace has slowed due to higher mortgage rates affecting buyer demand. [ā¦]
What the Pros Predict: The Future of Home Prices Over the Next 5 Years
Looking Ahead: Home Price Projections If youāre in the market for a new Raleigh home, one crucial factor to consider is what the experts anticipate for future home prices and how that might influence your investment. While you may have encountered negative news about home prices over the past year, the reality is far more [ā¦]
Inflationās Impact on the Housing Market
Understanding the Connection Have you ever wondered how inflation affects the housing market? The truth is, that these two economic forces are closely intertwined. Changes in one invariably influence the other. Hereās a straightforward overview of the relationship between inflation and the housing market. The Interplay Between Housing Inflation and Overall Inflation Shelter inflation, as [ā¦]
Sell Your House in 2023: Two Reasons to Make a Move
If youāre contemplating selling your Raleigh home this year, itās important to understand the reasons driving your decision. A recent survey by realtor.com revealed the top two reasons why homeowners are considering selling their homes this year. Here are the top two reasons (see graphic below): Letās examine these reasons in more detail to see [ā¦]
Is the Number of Homes for Sale Finally Growing?
Key Takeaways: The ongoing inventory shortage is largely to blame for 2021ās double-digit price appreciation. Traditionally, we see fewer homes for sale in the second half of the yearābut after a two-year drought, more listings are finally starting to hit the market. Have questions about the latest market stats? Contact Linda Craft & Team at [ā¦]
You Donāt Need to Worry About the 2020 Unemployment Rate
The year started out very economically promisingālow unemployment, a soaring stock market, and an overall thriving economy. And then, the COVID-19 pandemic struck, forcing global closures, business shutdowns, and nationwide stay at home orders. The resulting 2020 unemployment rate has been more than just shockingā¦itās also been almost historically high. Soaring 2020 Unemployment Rate Isnāt [ā¦]
6 Key Real Estate Graphs that You Need to See
No matter what capacity youāre entering the Triangle area real estate market ināwhether itās buying, selling, or investingāitās crucial to be prepared. By knowing all of the latest numbers on mortgage rates, median sales price, and average days on the market, you can gain a major advantage over your competition! Since we want to ensure [ā¦]