by The Bingham Team | Jun 1, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate
You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a...
by The Bingham Team | May 1, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know...
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 | May 1, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Inflation, Interest Rates, Mortgage, Real Estate
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just...
by The Bingham Team | Feb 28, 2023 | Buyers, Buying Conditions, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable....
by The Bingham Team | Feb 28, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Selling Conditions
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to...
