by The Bingham Team | Sep 11, 2023 | Buyers, Buying Conditions, Contruction, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate
If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of...
by The Bingham Team | Sep 11, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and...
by The Bingham Team | Aug 1, 2023 | Buyers, Buying Conditions, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some...
by The Bingham Team | Aug 1, 2023 | Buyers, Buying Conditions, Great Ideas!, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate
While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in...
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 | 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...
