by The Bingham Team | Jan 31, 2023 | Blog, Buyers, Buying Conditions, Great Ideas!, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come...
by The Bingham Team | Jan 13, 2023 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there...
by The Bingham Team | Dec 9, 2022 | Buyers, Buying Conditions, Home value, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price...
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...
by The Bingham Team | Oct 4, 2022 | Buyers, Buying Conditions, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home. While...
by The Bingham Team | Sep 13, 2022 | Buyers, Buying Conditions, Helpful Tips, Real Estate, Sellers
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it...
