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Monthly Archives: October 2022

    3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

    By Erlyn Lucas | October 31, 2022

    With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news is, there’s concrete data... Read More

    Should You Still Buy a Home with the Latest News About Inflation?

    By Erlyn Lucas | October 23, 2022

    While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of goods and services climb.... Read More

    Four Things That Help Determine Your Mortgage Rate

    By Erlyn Lucas | October 15, 2022

    If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking for ways to combat today’s higher rates and lock in... Read More

    Two Questions Every Homebuyer Should Ask Themselves Right Now

    By Erlyn Lucas | October 9, 2022

    Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in borrowing cost shows no... Read More

    Why You Should Consider Condos as Part of Your Home Search

    By Erlyn Lucas | October 1, 2022

    The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The... Read More