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Fall 2021: A buyers market?

Posted on 10/11/2021

Its been a rough year for buyers, with most putting in multiple above-asking offers on several properties before snagging one. However, the tides are turning in your favor! In April of this year 74.3% of offers were immediately engulfed in a bidding war. Last month that number was reduced to 62.1%,...

Homebuyer Demand Is Far Above Last Year’s Pace

Posted on 09/06/2020

Homebuyer Demand Is Far Above Last Year’s Pace Homebuying has been on the rise over the past few months, with record-breaking sales powering through the market in June and July. Buyers are actively purchasing homes, and the momentum is continuing into the fall. It is, however, becoming harder for buyers to find homes...

Three Ways to Win in a Bidding War

Posted on 09/06/2020

  Three Ways to Win in a Bidding War With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly...

It’s Not Just About the Price of the Home

Posted on 09/06/2020

  It’s Not Just About the Price of the Home   When most of us begin searching for a home, we naturally start by looking at the price. It’s important, however, to closely consider what else impacts the purchase. It’s not just the price of the house that matters, but the overall cost...

Mortgage Rates Hit Record Lows for Three Consecutive Weeks

Posted on 08/31/2020

Mortgage Rates Hit Record Lows for Three Consecutive Weeks Over the past several weeks, Freddie Mac has reported the average 30-year fixed mortgage rate dropping to record lows, all the way down to 3.03%. Last week’s reported rate reached the lowest point in the history of the survey, which dates back to 1971 (See graph...

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