Tag: Mortgage Rates
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Ready, Set…Here Comes a Real Spring Home Buying Rush
Seasonal trends have an impact on home selling and buying success. Whether you’re receiving a real estate deed for the first time, or conveying your deed to a new buyer, having a sense of the market is helpful for planning. The housing market stalled in 2023. Can this new Spring season reactivate it? Anything can…
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Buying a Home While Interest Rates Are Still High? The Case for “Yes”
For too many years, the U.S. housing market has been out of reach for too many people. But giving up might not be an option. Those able to get a foothold in this market often do it to attain a viable financial future. A homeowner’s wealth goes up along with home values. So, owners accumulate…
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Update! Fed Signals 2024 “Pivot” on Interest Rates. What Should Home Sellers and Seekers Know?
As we’ve all noticed, deed transfers really got stuck in a rut in 2023. Too few owners are selling their homes. Supply is down. Prices are up. A core issue? The Federal Reserve. Over the past two years, the Fed has hiked rates in order to banish inflation and to tighten up the economy. So,…
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“Mortgage Companies Are Desperate”: What’s Next for Homes and Mortgages in 2024?
In February, Zillow said home prices had bottomed out. Was the market about to rally again? Zillow predicted that U.S. home prices would climb at the healthy pace of 6.5%, from August 2023 to August 2024. Of course, home prices usually do go up over time. Now, Zillow economists have slashed their predictions. Their new…
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Some Offices Are Bringing Their Remote Workers Back. Will This Force Homeowners to Sell?
“They need us. They won’t force us to come back to the office!” Or will they? During the pandemic, remote work became a survival tactic. Some companies liked the new ways. They said they’d keep remote or hybrid working options available indefinitely. For a time, stories abounded of employees who went remote, moved out of…
