Buyers

Buyers The 3 Factors That Affect Home Affordability The 3 Factors That Affect Home Affordability If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . […]
Buyers Wondering How Much You Need To Save for a Down Payment? Wondering How Much You Need To Save for a Down Payment? If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save […]
Buyers Think Twice Before Waiting for 3% Mortgage Rates Think Twice Before Waiting for 3% Mortgage Rates Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power […]
Buyers What Experts Are Saying About the 2023 Housing Market What Experts Are Saying About the 2023 Housing Market If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace […]
Buyers Avoid the Rental Trap in 2023 Avoid the Rental Trap in 2023 If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. […]
Buyers Wondering How Much You Need To Save for a Down Payment? Wondering How Much You Need To Save for a Down Payment? If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save […]
Buyers What Are Your Goals in the Housing Market This Year? What Are Your Goals in the Housing Market This Year? If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, […]
Buyers Here’s to a Wonderful 2023! Here’s to a Wonderful 2023!
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Buyers Applying For a Mortgage? Here’s What You Should Avoid Once You Do. Applying For a Mortgage? Here’s What You Should Avoid Once You Do. While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after […]
Buyers Financial Fundamentals for First-Time Homebuyers Financial Fundamentals for First-Time Homebuyers Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. […]
Buyers Two-Month Moving Checklist The following is a guest post by Laura McHolm, Chief of Organized Living & NorthStar Moving Company Co-Founder originally posted on www.Coldwellbanker.com Two-Month Moving Checklist Follow this two-month checklist to keep your move on track.  The pandemic stay-at-home protocols forced us to reevaluate our homes and where we live. Questions about our home size, needing […]
Buyers Homeownership Is an Investment in Your Future Homeownership Is an Investment in Your Future There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), […]
Buyers Why It May Be Time To Add Newly Built Homes to Your Search Why It May Be Time To Add Newly Built Homes to Your Search If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent […]
Buyers Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be. It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may […]
Buyers Should You Still Buy a Home with the Latest News About Inflation? Should You Still Buy a Home with the Latest News About Inflation? While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely […]
Buyers The Cost of Waiting for Mortgage Rates To Go Down The Cost of Waiting for Mortgage Rates To Go Down Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. […]
Buyers The Ultimate Guide To Relocating A Family With Kids this post was first published on www.coldwellbankerelite.com The Ultimate Guide To Relocating A Family With Kids You may have heard that moving with young kids is difficult. No matter how important the move is for you and your family, children can have a tough time leaving behind friends and familiar environments, not to mention accepting […]
Buyers Virginia Housing Market Recap for Summer 2022 this post was first published on www.coldwellbankerelite.com   The summer of 2022 was an odd time in the Virginia housing market, as the market cooled down considerably, but prices continued to climb. The effects of the Covid-19 pandemic may be waning, as Virginians are slowing down on their need to move about the state. Interest […]
Buyers Buyers: You May Face Less Competition as Bidding Wars Ease Buyers: You May Face Less Competition as Bidding Wars Ease One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic […]