Federal Reserve Chairman Jerome Powell announced at a press conference in April: It’s “a great time to be patient”. This statement followed the Federal Reserve vote to hold interest rates steady.
Good News for Home Buyers
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Indicators Point To Stabilizing Home Prices
In many US cities home price increases have outpaced wage growth for several years. Recent months have shown lower increases, creating a buyer’s market as we enter the Spring home buying season.
Great Advice About Purchasing Vacation Rental Properties
Forbes.com article: Best Places To own A Vacation Rental Property in 2019 provides insight into the short-term rental profitability including the criteria to consider:
Sources Reveal A Shift to Buyer’s Market
For those who have considered buying a home, but have not yet pulled the trigger, this may be the year to make that move. After multiple years of a seller’s market, many sources reflect a shift to a buyer’s market.
Pre-Fab Homes in the Market
Did you know? 22 million people live in manufactured homes in the US! Whether you call it a manufactured home, pre-fab home, modular home, or a tiny home; the US home buyer market is taking a new look at manufactured homes.
Spotting Scam Emails
The National Association of REALTORS® (NAR) offers great advice to help you avoid being taken advantage of from an email scam.
Understanding Mortgage Rate-Lock Programs
If you are like many people who are shopping for a new home, you are probably keeping an eye on interest rate predictions. Once you find your perfect new home and begin the loan application, you will want to secure the lowest interest rate possible. This process will lead you to examine the options available through Rate-Lock Programs.
Are Home Warranties a Good Idea or Not?
Congratulations! You are buying a new home! You are making many decisions on the details involved in closing the purchase transaction, and preparing for the move. Buying a Home Warranty plan is one of the topics you will need to research to determine if it is a good choice for you.
What to Expect From the Housing Market in 2019
This article written by Devon Thorsby for U.S. News provides valuable insights on real estate market trends for 2019. Whether you are a seller, buyer, or renter, the article is an easy read and provides details about how the housing market could affect you in 2019.
Sitting on the fence about when to buy a home?
Have you been sitting on the fence about buying a home? This article includes information about the cost of waiting.
According to Realtor.com’s 2019 National Housing Forecast, home prices and interest rates will increase again in 2019, as they did in 2018: https://www.realtor.com/research/2019-national-housing-forecast/