by The Bingham Team | Aug 1, 2023 | Blog, Buyers, Buying Conditions, Helpful Tips, Home value, Interest Rates, Real Estate, Sellers, Selling Conditions
While this isn’t the frenzied market we saw during the ‘unicorn’ years, homes that are priced right are still selling quickly and seeing multiple offers right now. That’s because the number of homes for sale is still so low. Data from the National Association of...
by The Bingham Team | Feb 28, 2023 | Blog, Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you...
by The Bingham Team | Jan 31, 2023 | Blog, Buyers, Buying Conditions, Great Ideas!, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come...
by The Bingham Team | Jun 1, 2022 | Blog, Buyers, Buying Conditions, Helpful Tips, Real Estate, Sellers, Selling Conditions
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value....
by The Bingham Team | May 12, 2022 | Blog, Helpful Tips, Real Estate, Sellers, Selling Conditions, The Bingham Team
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your...
by The Bingham Team | Apr 17, 2022 | Blog
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now...