Blog
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Looking for a Place To Call Home? Consider a Condominium.
Published 3 years agoIt’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate… read more
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Is the Housing Market Correcting?
Published 3 years agoIf you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs… read more
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Sellers Have an Opportunity with Today’s Home and Condo Prices
Published 3 years agoAs mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes or condos would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home and condo prices seems to confirm that… read more
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How To Approach Rising Mortgage Rates as a Buyer
Published 3 years agoIn the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your condo or home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in… read more
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Is It Enough To Offer Asking Price in Today’s Housing Market?
Published 3 years agoIf you’re planning to buy a home or condo this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the property. The buyer and… read more
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There Are Several Great Reasons To Consider Buying a Condo Today
Published 3 years agoIf you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are… read more
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More Young People Are Buying Condos and Homes
Published 3 years agoThere’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains why millennials have put off certain milestones linked to homeownership. Those delays led to their… read more
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Owning Is More Affordable than Renting in the Majority of the Country
Published 3 years agoIf you were thinking about buying a condo or home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning… read more
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Here’s Why You Shouldn’t Wait Any Longer to Invest in Real Estate
Published 3 years agoKey Takeaways: Even as home prices continue to climb, there’s never been a better time to get your foot in the door when it comes to real estate investing. You don’t need a lot of money to diversify your portfolio—in fact, you have more options than you might think! Whether you’re an experienced investor or… read more
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How Much Do You Need for Your Down Payment?
Published 3 years agoAs you set out on your home or condo buying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based… read more