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, Great Ideas!, Helpful Tips, Home value, Real Estate, Sellers, Selling Conditions
To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but inventory is still historically low. So, if a house...
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...
by The Bingham Team | Feb 28, 2023 | Blog, Buyers, Buying Conditions, Helpful Tips, Home Equity, Home value, Inflation, Interest Rates, Mortgage, Real Estate
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you...
by The Bingham Team | Jan 31, 2023 | Buyers, Buying Conditions, Downsizing, Helpful Tips, Home Equity, Home Transition, Home value, Inflation, Interest Rates, Mortgage, Real Estate, Sellers, Selling Conditions
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the...
by The Bingham Team | Jan 31, 2023 | Buyers, Buying Conditions, Helpful Tips, Inflation, Interest Rates, Mortgage, Real Estate
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells...
