First Time Home Buyers

The Cost of Waiting for Mortgage Rates To Go Down

The Cost of Waiting for Mortgage Rates To Go Down | Simplifying The MarketMortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, […]

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Why You Should Consider Condos as Part of Your Home Search

Why You Should Consider Condos as Part of Your Home Search | Simplifying The MarketThe 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 […]

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Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market | Simplifying The MarketIf you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a […]

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Three Things Buyers Can Do in Today’s Housing Market

Three Things Buyers Can Do in Today’s Housing Market | Simplifying The MarketIt’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re […]

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New Homes May Have the Incentives You’re Looking for Today

New Homes May Have the Incentives You’re Looking for Today | Simplifying The MarketAccording to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that […]

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Buyers: You May Face Less Competition as Bidding Wars Ease

Buyers: You May Face Less Competition as Bidding Wars Ease | Simplifying The MarketOne of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried […]

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Why You May Want To Start Your Home Search Today

Why You May Want To Start Your Home Search Today | Simplifying The MarketIf you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers […]

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