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 | 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...
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 | Jan 13, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there...
by The Bingham Team | Dec 9, 2022 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Mortgage, Real Estate
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...
