by Ernest Polej | Sep 14, 2023 | Home Value, Housing Market Updates, Interest Rates, Market Trends, Market Updates
Time for your monthly dive into the housing market trends for August 2023. Let’s break it down in a more casual, easy-to-digest manner: Homes Up for Grabs: There were 7.9% fewer homes up for sale compared to last year. Yep, it’s a bit of a decrease. ...
by Ernest Polej | Sep 6, 2023 | Housing Market Updates, Interest Rates
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of...
by Ernest Polej | Aug 22, 2023 | Buyer, Buying Myths, Interest Rates
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s...
by Ernest Polej | Aug 3, 2023 | Buyer, Buying Myths, Housing Market Updates, Interest Rates
When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying hard to...
by Ernest Polej | Jul 13, 2023 | Buyer, Interest Rates
Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent survey, most working professionals...
by Ernest Polej | Jul 7, 2023 | Interest Rates, Mortgage Rates
Great news for prospective homebuyers and those looking to refinance! Despite minimal changes in June, mortgage rates, which had surpassed the 6.5% mark in late May, presented some minor dips that motivated borrowers eagerly took advantage of. According to...