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 | 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 | Nov 28, 2023 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Retirement
Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You’re not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to buy a home, be...
by The Bingham Team | Oct 13, 2023 | Buyers, Buying Conditions, Condominium, Condos, Great Ideas!, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate
If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there’s more to consider....
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 | Jul 5, 2023 | Buyers, Buying Conditions, Great Ideas!, Helpful Tips, Home Equity, Home Transition, Home value, Mortgage, Real Estate, The Bingham Team
When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic. Mortgage rates impact how much it costs to borrow money for your home loan. And, to help offset the higher borrowing costs today, some homebuyers are taking...
