There’s a lot of discussion about affordability as home prices continue to appreciate rapidly.
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.
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.
Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year.
Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home.
Some Highlights
With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home.
Concerned about saving enough to buy a home? Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage?
By law, a homebuyer will receive a loan estimate from their lender 3 days …
Is there a home maintenance DIY project that’s been lingering on your to-do list for too long because you’re dreading the trip to the hardware or craft store? There are some projects you can tackle with items that are almost certainly already in your home.
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Copyright© 2024 Bunny Terry, Real Broker
Licensed in New Mexico.
All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental.
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