Buy now or Wait it Out?

REALTOR® Martin Sears comments on the current market.

BUY NOW OR WAIT IT OUT? Submitted by Martin C. Sears PC If a recession hit, would you have to sell your home? Downsize? Rent? Questions are swirling about when a “housing bubble” might burst. Oddly enough, most potential homebuyers want it to happen. Why? ConsumerAffairs recently polled prospective homeowners timing entry into the housing […]

Rent vs. buy. Are you ready to become a homeowner?

Rent or Own? Are you ready for home ownership?

Signs You Are Ready to Become a Homeowner There is no denying the flexibility that renting offers—you can move relatively quickly when you want, and you do not have to carry a mortgage for decades to have a place to live. However, if you are like many renters, you are probably at least considering the […]

The Language of Homebuying. What does it all mean?

Language of Home Buying

  Buying a home can be intimidating if you are not familiar with the most common phrases used throughout the process. But not to fear: here’s a list of home-buying lingo to bring you up to speed.         Fixed-Rate Mortgage Mortgage rates are discussed when you meet with a broker. A fixed-rate […]

National Association of Realtors: Reduction in Housing Starts

REDUCTION IN HOUSING PERMITS

Instant Reaction: Housing Starts, July 19, 2022 July 19, 2022 By: Lawrence Yun Homebuilders have become extremely cautious about the prospect of single-family home sales, while multifamily activity remains robust. Single-family units fell to 982,000 in June, the lowest level since the pandemic lockdown of March 2020, while multifamily starts reached 577,000, one of the highest […]