Key Takeaways: Timing Matters: The 2023 housing market has its unique rhythms, but with the right insights and team, first-time buyers can find their perfect moment to dive in. Affordability Explored: Beyond the home’s price tag, factors like mortgage rates, credit scores, and additional costs paint the full picture of homeownership affordability. Support on Your […]
Key Facts: Linda Craft Team Realtors is a dedicated team of real estate professionals with extensive knowledge of the local market. We use sophisticated market analysis to make informed decisions and guide you effectively. Our experience allows us to confidently navigate complex markets, ensuring you achieve your real estate goals. Introduction Mastering the real estate […]
Key Facts: Personal circumstances such as rising rent, divorce, downsizing, or relocation often trigger the need to buy or sell a home. A dedicated real estate team offers personalized guidance based on local trends and personal situations, making the buying or selling process more manageable. Every real estate journey is unique, shaped by your dreams, […]
Key Takeaways: Renting doesn’t help build a future Homeownership can be accessible Contact Linda Craft Team Realtors for more on being a first-time homebuyer Many renters discover a universal truth—renting can often feel like it lacks long-term benefits. However, each monthly rent payment potentially reduces a landlord’s mortgage while increasing their home equity. This revelation […]
Key Takeaways: Today’s housing market conditions are unique, and there’s plenty of ways to win Let’s explore the steps you can take to pave your path to homeownership Our team is ready to help you achieve your goals, so contact Linda Craft Team Realtors today! Amid high inflation, increasing mortgage rates, and limited housing inventory, […]
Key Takeaways: Median rental payments have reached their highest point ever, with rents up by 8.1% from this time last year. Buying a home may be more affordable than you can imagine—the average mortgage payment is actually lower than the median monthly rent currently. Here at Linda Craft & Team, we are experts in homeownership. […]
Key Takeaways: Buying a home is more affordable today compared to the historical average, partially due to unprecedented low mortgage rates. Waiting to purchase a home could cost you money in the long run, especially if your rent payments are impacted by inflation. Linda Craft & Team wants you to know that you can afford […]
If you’ve been hesitating to buy a home because you’re afraid you can’t afford it, 2020 might be the year you reconsider. Falling mortgage rates and rising rental prices indicate that buying could actually become more affordable than renting—in addition to the numerous other benefits of owning a home. Here’s what rising rental prices could […]
Coffee or tea? Cake or pie? Rent or buy? Life is full of big questions—some a little harder to answer than others. But in the case of renting versus buying, there are a few big reasons why ownership still wins the battle. Thinking about making the jump from renting to owning? Here’s how your life […]
While renting has a number of unique benefits, it also has one big disadvantage in the Raleigh area: it’s skyrocketing. While rent prices have gone up significantly every year since 2005, the average mortgage payment has actually decreased since then. In fact, according to Core Logic, the average rent has increased by 36% between 2005 […]