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Buying a House in 2022: What to Expect
Last year was challenging for potential homebuyers. While home prices rose nationwide, buyers scrambled for properties and engaged in bidding wars, resulting in homes selling exponentially higher than the listing price.
Is Now a Good Time to Buy a House? What to Expect in 2022
For homebuyers, 2021 was one of the most challenging years to navigate the housing market in recent history. For-sale homes had multiple offers before they officially hit the market. Contingency waivers were the norm, not the exception. Home prices hit record highs, with some homeowners gaining over 100K in home equity.
Will Interest Rates Remain Low in 2021?
According to recent survey data from the National Association of Realtors, purchasing a home remains part of the “American Dream.” Homeownership is still an attractive opportunity for financial security, stability, and investment for you and your family.
Mortgage Rates in 2021
In 2020, 30-year fixed mortgage rates started the year at historically low levels. Rates fell below 3.0% for the first time as COVID-19 took its toll on the economy. What does the future hold? Can we expect interest rates to rise or fall in 2021?
The Time to Sell Is Now!
It’s been an uncertain few months in the United States real estate market, largely due to the COVID-19 pandemic and an unstable economy. If you were planning on selling your home this fall, you may now be asking “is now a good time to sell?” or “should I wait to sell until everything settles down?”
2020 Real Estate Outlook
What does the housing market forecast look like in the upcoming year? Here’s some 20/20 insight into the most common questions about home prices and sales, mortgage rates, and possible recession.
Fast Pass Your Way with Prequalification
As a society, nobody likes to wait. Very few of us have the patience to wait, which is why Disney World offers the “Fast Pass” and the NFL made the fast line concession stand for season ticket holders. These monoliths know how to manage our waiting expectations. Banks also jumped to this conclusion and later the bandwagon with offering “prequalification.” Once prospective homeowners discovered the type of home that they couldn’t live without, they wanted to “Fast Pass” their way to an answer.