Simply, interest rates influence how much a mortgage is both in a lifetime and a monthly payment. In the last few weeks of January 2023, we’ve seen interest rates hover around the upper-5% to lower-6% range for a 30-year fixed rate mortgage
Last week, in part 1 of this series, we talked about 2022 market recap and buyer trends we’ll likely see in 2023. This week, we’ll continue by talking about seller trends and hot topics to keep in mind for this new year. Remember, CHR CEO Matt Hudson estimates a strong year overall for 2023 and says sellers will have a …
As mentioned, even in this market, home repairs can be detrimental to your home’s overall value. There are certain projects that can decrease the value and the price of your home.
Major home remodeling can be costly and inconvenient, but it can also greatly raise the value of your house. Even in this market, home repairs can be beneficial to your home’s overall value.
In short, buying down interest rates is when a buyer puts down more money upfront to reduce interest rates and the mortgage amount in total
As we all collectively lay back and finish digesting the big meal from the Thanksgiving holiday this week and enjoy our time with friends and family, we may be reflecting on the year we’re in as well as the pending new year ahead. Holiday season is officially upon us and hopefully many happy gatherings lay ahead which means a lot …
Individual variances may impact which loan type is best for you and your situation. Below is a quick high-level breakdown of the 4 major loan types: conventional loans, FHA loans, VA loans or USDA loans
Remember that downsizing a home is not the same as going back to renting so even when you downsize a home you’re still getting the same benefits as a homeowner.
There are so many great benefits to being a homeowner that include not just financial rewards but also psychological perks.
Many families and individuals like expanding their financial portfolio with real estate: namely rental property or a second home. For those looking for a second home, you should consider looking at a golf course home.
Yet another drawback of inflation and ever-rising interest rates is the possibility that it’s harder to qualify for a home loan. Just how much harder is it to get a home loan when interest rates change?
About 26% of all Americans have a disability so a home that is ADA accessible (compliant with the Americans with Disabilities Act of 1990) could be a hot commodity when you go to sell your home.
Thousands of people move to Colorado every year and rental property is a great investment. Those looking for property to rent in the Denver metro area may be looking on either a short-term or long-term basis
Here are 17 common mistakes new homeowners often make and that you should NEVER do to your home under any circumstances.
Below are some things to keep in mind when looking at homes on a golf course so you have all the facts you need.
Golf is one of the most popular sports played today and if you are an avid player the thought of living on a golf course must have crossed your mind? Imagine waking up every morning and having all the amenities on your doorstep! Living on a golf course sounds very appealing to those who love the game. It may signify …
However, a constant swarm of insects that invade your patio and home are probably not on the guest list for your backyard party. Be the home on the block that bugs run from.
Personality, working style and area of specialty are all important factors to consider when picking a real estate agent to help you buy or sell your house. Buying and selling a home can be a process so you want to make sure you find the best fit for you
Some homes are perfect for a home office, while others lack space and send their owners seeking new homes that are better for working at home.
If you’re selling your home, one of the biggest pain points you may encounter could be moving very quick through the selling process. Sometimes you want to sell your home quickly and get on to the next phase in your life, but sometimes your home sells so quickly, you’re still adjusting to the idea of moving!