Category Archives for "Homebuyer Resources"

Jul 19

How Current Interest Rates Can Have a High Impact on Your Purchasing Power

By Heather Schuck | Homebuyer Resources

EXPLAINED: How high interest rates can have a HIGH impact on your home purchasing power Click to Tweet According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history! The interest rate you secure when buying a home […]

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May 15

Home Inspections: What to Expect

By Heather Schuck | Homebuyer Resources

A home inspection can make (or break!) your #homebuyer contract…know what to expect: Click to Tweet So you made an offer, it was accepted, and now your next task is to have the home inspected prior to closing. Oftentimes, agents make your offer contingent on a clean home inspection. This contingency allows you to renegotiate the […]

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Mar 29

Buyer Demand Still Outpacing the Supply of Homes for Sale

By Heather Schuck | Homebuyer Resources

The price of any item is determined by the supply of that item, as well as market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index. Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic […]

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