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ARCHIVED BLOG POSTS

2022 

If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say. The Number of Hom...
05/31/2022
Last week’s economic reporting included readings on new and pending home sales, minutes from the Federal Reserve's recent Federal Open Market Committee meeting, and data on inflation. Weekly readings on mortgage rates and jobless claims were also released.New and Pending Home Sales FallThe annual...
05/31/2022
If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to highli...
05/25/2022
One of the most significant challenges that many people face when preparing to buy a first home relates to saving money for a down payment. While there are many different loan programs with varying down payment requirements, the fact is that it can still be difficult to save up a large sum of mon...
05/25/2022
Last week’s economic reporting included readings on sales of previously-owned homes, building permits issued, housing starts, and weekly readings on mortgage rates and jobless claims.  Sales of Previously-Owned Homes Fall in April The National Association of Realtors® reported 5.61 million sales ...
05/23/2022
Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from risi...
05/20/2022
The One Thing Every Homeowner Needs To Know About a Recession A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean...
05/20/2022
Putting down the largest sum of money at your disposal might seem like the best way to go when it comes to your mortgage down payment. There is a certain amount of truth to this, but the reality is bigger is not always better. Ideally, the amount of money you settle on for your mortgage down paym...
05/20/2022
Many people purchasing a home for the first time are running into the same problem. There simply are not enough starter or entry-level houses available in the current market that are ready for people to move into. One solution some home buyers are exploring is to buy a fixer-upper home. With a ho...
05/20/2022
  In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the w...
05/16/2022
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Bob Elliot

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Real Estate Experience Matters! Local and national market news, trends, and updates.