Did you know that two-thirds of net worth comes from real estate? Owning your home is a great way to build wealth. About one in every six or seven purchases are for an investment property. I have a new and unique tool that will calculate the return on an investment based on area-specific appreciation, rental […]
New Housing Survey Shows Potential Opportunity for Homebuyers
Watch this 45 second video and put your zip code in the comments and I’ll send you a report showing the health of the housing market in your local area. #1sttimehomebuyer #cma #homebuyers #housing #mbshighway #mortgage #purchase #realestate #refinance #investors #multifamily #singlefamily
Home Inventory Explained
Existing home inventory is up 22% from its lowest level in February. Will this lead to a house crash? Watch this one minute video to find out. To see what the appreciation forecast is in your local market, contact me, Christopher Graves, your certified mortgage advisor, at 978-376-5389. #housinginventory #housing #cma #MBShighway #mortgage #purchase #refinance […]
How does this move in the Fed Funds Rate affect mortgage rates?
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 […]
Stop Waiting, Start Saving
Even though Mortgage Rates are slightly higher than their all-time lows, it may still be very favorable to refinance. In many cases, you can significantly reduce your monthly payment and reduce costly mortgage insurance. It might be tempting to play the market and see if interest rates come back down to their all-time lows. But […]
Inflation and Home Loan Rates
As inflation rises, it typically causes mortgage rates to move higher as well. That’s because inflation is the arch enemy of interest rates, since it erodes the buying power of the fixed return that a mortgage holder receives. While inflation may look tame to everyone at this time, it’s my job to dig deeper for […]
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