Some Highlights

If you’re thinking that waiting a year or two to purchase a home might mean you’ll save some money, think again.
Mortgage interest rates are currently very low, but experts across the board are forecasting increases in both home prices and interest rates.

The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes for sale this March than in March of 2020.

So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan.

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth.

Some Highlights

There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape.
Here’s a little clarity when it comes to 5 common myths about the 2021 housing market.

Right now, the housing market is full of outstanding opportunities for both buyers and sellers.

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes:
“The idea of a place of one’s own drives the American story.

I’ve helped folks sell many homes over the years. One thing I know that has been proven over and over again is the necessity to make your home look its best.

One key way to do that is by “staging.” Staging a home is simply arranging and preparing your home to appeal to the buyer.

Santa Fe is often touted as:

“The Best Place to Retire”

“The Best Small Town”

“#1 Place for Business Start up”

“Top city of artists per capita”

“Top Day Trip Destination”

“Best city in the US”

“Top 10 Cities for Art Lovers”

“Best Vacation Spots i…

We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate.