by The Bingham Team | Mar 12, 2024 | Condominium, Condos, Downsizing, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Retirement, Sellers, Selling Conditions
If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home. When you think about cutting down on your spending, odds are you think of frequent...
by The Bingham Team | Feb 9, 2024 | Downsizing, Financial Impact, Helpful Tips, Home Equity, Home value, Mortgage, Real Estate, Sellers, Selling Conditions
Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains: “Home...
by The Bingham Team | Jan 15, 2024 | Downsizing, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Retirement, Sellers, Selling Conditions
If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between...
by The Bingham Team | Sep 11, 2023 | Buyers, Buying Conditions, Condos, Contruction, Downsizing, Great Ideas!, Helpful Tips, Home Transition, Home value, Interest Rates, Mortgage, Real Estate
Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on the way: “Buyers should expect...
by The Bingham Team | Jan 31, 2023 | Buyers, Buying Conditions, Downsizing, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the...
by The Bingham Team | Jan 31, 2023 | Buyers, Buying Conditions, Downsizing, Great Ideas!, Helpful Tips, Home Equity, Home Transition, Home value, Real Estate, Sellers, Selling Conditions
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...