The Latest Real Estate News
How Hard is it to Buy a Home Right Now?
The pandemic-era real estate market has emerged as a windfall for sellers and a headache for buyers. A shortage of for-sale homes continues to boost prices across the nation by double-digits — and is pushing house hunters to go to extremes to win bids. Some potential buyers are going way over asking price without seeing theContinue reading “How Hard is it to Buy a Home Right Now?”
What are Contingencies in Real Estate?
When you’re working on the computer, the undo button can be an invaluable tool. So can a contingency clause when you’re looking to buy or sell a home. Contingency clauses provide a way for one or both parties to back out of a real estate contract if certain specified conditions are not met. Common contingenciesContinue reading “What are Contingencies in Real Estate?”
2021 Opens With a New Record Low for Mortgage Rates
The average 30-year mortgage hit an all-time low of 2.65% this week, according to data from Freddie Mac released Thursday. Despite predictions that mortgage rates would slowly tick back up in 2021, the new year opened this week with the same old story: mortgage rates hitting a new record low. The average rate for the 30-year fixed-rate mortgageContinue reading “2021 Opens With a New Record Low for Mortgage Rates”
