If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below):
The real estate market in Bend, nestled in the picturesque landscapes of Central Oregon, has been a hotbed of activity in recent years. With stunning natural beauty, a thriving local economy, and an influx of newcomers seeking a change of scenery, it’s no wonder Bend has become a prime destination for relocation. However, the dynamics
Everyone has their own idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below):
Even with so much data showing home prices are actually rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next
As a prospective first-time homebuyer, the idea of purchasing a home may seem daunting, especially in the current real estate market. However, with proper planning and preparation, you can make your dream of owning a home a reality. Is Now the Right Time to Buy? Many potential buyers are concerned about the current market conditions,
The real estate market, like any other market, is cyclical in nature. It goes through periods of highs and lows, and it can be tempting for both buyers and sellers to try and time the market perfectly. However, “waiting it out” carries its own set of risks that individuals should carefully consider. Real estate, historically,
The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what’s ahead for the housing market. Spoiler alert: