Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and ... Continue Reading » about Think Twice Before Waiting for 3% Mortgage Rates
Buyers
Discover the Allure of Palmetto, Florida: Top Reasons Why People Are Relocating
Introduction: Palmetto, Florida, is a hidden gem nestled along the picturesque Gulf Coast, offering a blend of natural beauty, cultural richness, and a relaxed coastal lifestyle. In recent years, an increasing number of people have chosen to make Palmetto their new home. In this SEO-optimized ... Continue Reading » about Discover the Allure of Palmetto, Florida: Top Reasons Why People Are Relocating
The Two Big Issues the Housing Market’s Facing Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: ... Continue Reading » about The Two Big Issues the Housing Market’s Facing Right Now
Why It’s Easy To Fall in Love with Homeownership
[:en]No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly ... Continue Reading » about Why It’s Easy To Fall in Love with Homeownership
What You Should Know About Closing Costs
Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what ... Continue Reading » about What You Should Know About Closing Costs