How does this move in the Fed Funds Rate affect mortgage rates? Watch this one minute video to learn! #fed #cma #federalreserve #fedfundsrate #mortgage #housing #realestate #interestrates #purchase #refinance #mortgageminute #what’snext #sierrapacific #rates #inflation
Are we headed for a housing crash?
The media has been throwing around the idea that we’re headed for a housing crash. But is this really the case? To answer this question, we need to look at the number one law of economics: supply and demand. Demand is measured by Household Formations, meaning someone is occupying a new property without relinquishing or […]
Recessions and Real Estate
The media has been sounding the alarms on a potential recession this year, which has many questioning if it’s a good time to purchase a home. When people hear about recessions, most remember the sharp decline in home prices during the housing bubble and 2009 recession. Many often mistakenly believe that the recession caused the […]
Do not get discouraged from buying a home this year
Do not get discouraged from buying a home this year!!! Today’s hot market can make finding the perfect home to buy a bit more challenging. Home prices have risen along with mortgage rates, and homes continue to sell very quickly. But while there are some challenges, the opportunity may be well worth the effort. Many […]
Is it too late to buy a home?
2021 has been a banner year for housing, fueled by record low interest rates, strong demand, and a low supply of homes. You may be wondering if you are late to the party, or if it’s still a good time to purchase. Experts expect demand to increase over the next several years as more millennials […]
The Real Scoop on Affordability
Home prices are appreciating, and they will continue to do so. So, does that mean they’re less affordable? The media mistakenly looks at the significant move higher in the median home price, which is currently up 15% versus last year. But the median home price does not measure appreciation. Instead, it marks the middle price […]
Real Estate Fact vs. Fiction
It’s amazing to me, but, right here in Rockingham County, there are over 15,179 residents who are currently renting but can afford to purchase a home. They are qualified to buy a home, so why wouldn’t they? Some people think that the housing market isn’t stable, but home prices for your area in Rockingham County […]
Cost of Waiting to Buy a Home
If you’re shopping for a home today, you know it’s kind of hard work. You might not find something right away and it’s easy to get fatigued. Sometimes buyers get discouraged and say, “Let me take off a few months, maybe I’ll come back 6 months later.” Here’s the thing: while you can take some […]
Coronavirus and Housing Concerns
Everyone is concerned about te Coronavirus and the impact on housing sales and values. Although things may have slowed down a bit right now, the market was very strong prior to the pandemic and will likely bounce back very quickly. Here’s a look at some housing stats for both home sales and the rental market, […]
Using Wedding Gift Funds to Purchase a Home
If you’re getting married, one of the next major events in your life is probably purchasing your first home together. In fact, you may want to use the cash gifts from your wedding towards your down payment. Below is some helpful information on using wedding gift funds to purchase a home in Massachusetts or New […]
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