Quality Homes Purchasing a first home is a milestone that comes with its share of excitement and challenges. For first-time buyers in the Midlands area of South Carolina, Gene Brazzell from M&R Realty is a beacon of expertise and support. With a deep understanding of the local real estate market, Gene ensures that his clients […]
When real estate agent and investor Ron Myers was looking for a home for his family in Wellington, FL, “the school district was non-negotiable for me and my wife,” he recalls. Their son was 11 at the time, and they had plans to have more children. “We were not just buying for ourselves; we were buying for our […]
The usually hot summer housing market wilted last month, likely due to the continued heat of stubbornly high mortgage rates. And that could be great news for homebuyers. A new report by Realtor.com® found that the number of homes actively for sale in August was 3That means the number of listings is “now at its highest level […]
Would-be homebuyers are getting increasingly savvy when it comes to buying a house as mortgage rates continue to hover around 7%. One way is through home loan assumption—which means the buyer takes over the house’s original mortgage (and interest rate) upon purchase. But, the loan can be assumable only when it’s backed by the U.S. government—like FHA, VA, […]
Mortgage rates dipped this week, with the average rate for a 30-year fixed home loan going from 6.78% last week to 6.73% for the week ending Aug. 1, according to Freddie Mac. “Mortgage rates declined to their lowest level since early February,” Sam Khater, Freddie Mac’s chief economist, said in a statement. While falling mortgage rates […]
What does the real estate market need after years of being first overheated during the COVID-19 housing boom and then effectively frozen by the high mortgage rates that followed? A run at plain old room temperature. The market appeared to be heading in that more typical direction in the week ending Jan. 20. “This past […]
By Lisa Marie Conklin Nov 16, 2023 Homeowners often love to humble-brag about various aspects of their abode, from the size of their primary suite to just how many cars can fit in their garage. But the latest boast has nothing to do with square footage and everything to do with numbers—today’s homeowners like to boast their […]
By Clare Trapasso The top emerging housing markets in America this fall have one key thing in common: They’re generally places where buyers can still find an affordably priced home. The No. 1 market this fall is Topeka, KS, according to the quarterly Wall Street Journal/Realtor.com® Emerging Housing Markets Index. The capital of Kansas boasts a median home […]
By Clare Trapasso Dec 4, 2023 Everyone seems to know someone who knows someone who hit the real estate jackpot: lucky folks who bought a home for a relative pittance back when prices were low and then sold it a few years later for a windfall. So where are the next hot spots to buy a home? While […]
By Clare Trapasso Oct 9, 2023 Is the housing market overvalued? It’s an increasingly fraught question, and the answer might depend on who’s being asked. Some real estate experts believe home prices are well above what they should be and expect them to begin coming down. Others think the high prices make sense given how many […]