by The Bingham Team | May 2, 2025 | Buyers, Buying Conditions, Condominium, Condos, Contruction, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Negotiation, Real Estate, Renting, Sellers, Selling Conditions
It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great. Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it...
by The Bingham Team | May 2, 2025 | Buyers, Buying Conditions, Contruction, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Negotiation, Real Estate, Renting
At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.” That’s because homeownership is about the long game – and home prices typically rise over time. So, while you may be holding out for prices...
by The Bingham Team | Feb 26, 2025 | Buyers, Buying Conditions, Financial Impact, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Renting
Have you been wondering whether you should keep renting or finally make the leap into homeownership? It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach. But here’s the thing: a recent report...
by The Bingham Team | Dec 10, 2024 | Buyers, Buying Conditions, Financial Impact, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Negotiation, Real Estate, Renting
Today’s mortgage rates and home prices may have you second-guessing whether it’s still a good idea to buy a home right now. While market factors are definitely important, there’s also a bigger picture to consider: the long-term benefits of homeownership. Think...
by The Bingham Team | Nov 1, 2024 | Buyers, Buying Conditions, Financial Impact, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Renting
Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth. Every three years, the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how...