The bad news is that the Northeast is trailing the rest of the country in pending sales and affordability - If you have been searching for your new home, this is not news to you. The good news is that this is typically the time of year when we see more inventory come on the [...]
Mortgage rates have already dropped into the upper 5s twice this year. But after just a few days, they ticked back up into the low 6% range. If you saw that and thought, “Great. I missed it,” you’re not the only one.
Many buyers are treating the 5s like some kind of magic number. As if moving from 6.1% to 5.99% suddenly changes [...]
What if you didn’t have a mortgage payment on your next house? It may sound a little unrealistic. But for a number of homeowners, it’s actually doable.
Nearly 3 in 10 homes purchased today are bought in cash, according to the National Association of Realtors (NAR). That’s far more than the pre-pandemic norm [...]