by Jay Sumner | May 18, 2022 | Buyer, First Time Home Buyers, Rent vs. Buy
If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by...
by Jay Sumner | May 17, 2022 | Buyer, Buying Myths, First Time Home Buyers, Housing Market Updates
If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your...
by Jay Sumner | May 11, 2022 | Buyer, First Time Home Buyers, Housing Market Updates
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re...
by Jay Sumner | May 9, 2022 | Buyer, First Time Home Buyers, Interest Rates
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly...
by Jay Sumner | May 3, 2022 | Buyer, Buying Myths, First Time Home Buyers
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...
by Jay Sumner | Apr 27, 2022 | Buyer, First Time Home Buyers
If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent...