Rising interest rates decrease purchasing power

Rising interest rates decrease purchasing power

Today’s market is tough on first time buyers. The inventory of homes and condos purchased by first-time buyers continues to be low, and along with inflation, home prices are being pushed upward in most markets.

6 fiduciary duties of a real estate agent

6 fiduciary duties of a real estate agent

The real estate agent is often considered a fiduciary, which establishes them as a trusted source who is obligated to keep the client’s interests and desires in mind while maintaining various boundaries.

Are you and your real estate agent a match?

Are you and your real estate agent a match?

Meeting a new real estate agent occasionally feels like a first date as you trade a bottle of cabernet for talks of comps and closing costs. But with so many real estate agents available, it can be hard to find a dream match for your dream home.

Crystal ball anyone? Real estate predictions for 2022

Crystal ball anyone? Real estate predictions for 2022

The 2022 nationwide housing forecast by Realtor.com showed a continued slowing from the spring 2021 frenzy. But much is expected to stay the same, according to Realtor.com: Prices will stay high and inventory tight, even while mortgage rates rise.

Where’s the sun?

Where’s the sun?

It’s essential to know where the sun is relative to the home you are thinking about buying.

Homeowner wealth vs. renter wealth

Homeowner wealth vs. renter wealth

There are many times in life when it makes sense to rent the place you live in. However, over the years, owning real estate has proven to be the greatest wealth builder for most Americans.