by The Bingham Team | May 1, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate
If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to...
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 13, 2023 | Buyers, Buying Conditions, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Selling Conditions
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...
by The Bingham Team | Nov 4, 2022 | Buyers, Buying Conditions, Great Ideas!, Helpful Tips, Home Transition, Home value, Mortgage
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...
by The Bingham Team | Oct 4, 2022 | Buyers, Buying Conditions, Condominium, Condos, Downsizing, Helpful Tips, Home Transition, Real Estate, Sellers
The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to...