by The Bingham Team | Nov 2, 2023 | Buyers, Buying Conditions, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the past year. Since...
by The Bingham Team | Nov 2, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate
The idea of owning a home has always been a big part of the American Dream. It’s a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can...
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 | Oct 13, 2023 | Buyers, Buying Conditions, Great Ideas!, Helpful Tips, Home value, Inflation, Interest Rates, Mortgage, Real Estate
Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup: “When asked why they purchased their first home recently, the answer was...
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 | 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...