First-time Homebuyers vs. Inventory Shortages
First-time homebuyers declined year over year. We are now seeing another side effect of the inventory shortages of affordable homes. Lack of affordable homes along with the rising interest rates have caused many potential first-time homebuyers to put that purchase on hold. Ran across this article in The MReport. It cites [...]
Rising Mortgage Rates
Even though we are still at historic low mortgage rates we are seeing a decrease in how much home Buyer's can qualify for. Many of today's buyer's have no clue that for a large portion of us, even with rising rates they are still low. I can remember [...]
Study Shows Wednesday Is The Best Day To List
To be honest I never thought about it, at least to the point that Wednesday is the best day to list your home! I would have said Wednesday or Thursday automatically because of their position to the weekend. I want your listing to be in the line-up of [...]
Spring Is Here – What To Expect From The Housing Market!
We all know that spring is when many Buyer's start looking for their dream home! They want to find, close and move-in before the new school year starts in many cases. With the school year seeming to start earlier and earlier, that means April into May is their [...]
Mortgage Applications Decline Two Weeks Consecutively
Mortgage applications have declined for the past 2 consecutive weeks. Is this a sign that Buyer's are concerned about the rising interest rates? The uncertainty on the world stage, or something more? Is it the lack of affordable inventory throughout the country? Ran into an article on this in [...]
Rising Home Prices
We are all seeing rising home prices. Here in the Northeast Georgia area, especially the Metro Atlanta area, it almost seems like it will never stop. The increase in new jobs as companies move into Georgia, combined with the shortage of inventory is making it currently impossible to [...]