This can be a funky time of year. Let’s be honest – winter can drag out when we just want the sun to shine and warm up our bodies and houses. And kick winter to the curb! I get so excited when I see the smallest sprig of grass poke its way through my dead lawn. I start visualizing my outdoor living spaces full of fresh flowers and sunshine. But not yet!
Once you have established your own long-term wealthstrategy, it may be time to consider options to help your children build their own path to prosperity. With the proper research and education, real estate can be a powerful tool for creating wealth.
Will the Uptick Stick? There has been an uptick in buyer interest since the beginning of the year related to three key things: seasonality, acceptance, and discounts (Fortune)
One Diagnosis. The housing market is like a patient coming off a strong narcotic. The result isn’t a housing recesssion…it’s a return to normalcy (Money.com)
Mortgage rates have increased 3.83 percentage points since the end of 2021-the biggest year-to-date increase in over 50 years. The rapid rise has been challenging and has impact- ed affordability for Buyers by about 35%. Example: To get the same monthly mortgage payment, a buyer looking at a $500,000 home in June would now need a $325,000.