I Like This House! I Will Buy This House! Right?
If only it were so easy. :-/ If you see a new listing of interest... ...and when we walk through it on the first day on the market you love it... ...and if you are…
Ideally, We Should Talk About Potential Contingencies Well Before Making An Offer On A House
In a fast moving housing market, it's important to be ready to make an offer quickly after seeing a house that you like. But... making an offer includes a variety of…
Renting vs Buying a Townhouse at Congers Creek
Most of the townhouses at Congers Creek are being purchased by homeowners, but some are being purchased by investors as rental properties... which means you will likely…
Mortgage Interest Rates Have Been Trending Back Down A Bit
After soaring from 3.2% in January 2022 to 5.3% in May 2022, mortgage interest rates have actually started to level off and even decline in recent weeks. The graph above…
Strong First Five Months of Contract Activity in 2022
Look out... before you know it, I'll be saying the year is halfway over!? As usual, the months are flying by in 2022 and we are now looking backwards at a full five…
Will Home Renovations Surge In 2022 and 2023?
This scenario seems to be very common right now... [1] We decided a year or two ago we wanted to sell our house and move to a bigger or nicer or different house. [2]…
Monthly Cost Of Median Priced Home Jumps Much Higher In 2022!
Wow. The monthly cost of a median priced home has jumped quite a bit in 2022! This is related to a variety of changes between 2021 and 2022... [1] The median sales price…
Reflecting On Large, Fast Changes In Mortgage Interest Rates
For at least the past five years, I have remained convinced that mortgage interest rates would start rising... anytime. But month after month, year after year, interest…
Home Sales Steady in 2022, Prices Still Rising Quickly!
Happy Thursday morning, friends! It's definitely spring in the Valley (cool mornings, warmer afternoons, lots of rain, lots of sun) and spring is a busy time for many!…
If Home Sales Are Going To Slow, April Did Not Show It
Many wonder or suspect if home sales will slow in 2022 because of rising mortgage interest rates. That is certainly just one of the reasons why home sales could slow…
Home Buyer Demand, While Possibly Reduced Due To Higher Interest Rates, Seems To Still Exceed Supply
This is totally anecdotal at this time, so I'll see what the data seems to indicate when I compile my market later this month, but thus far.. Home Buyer Demand, While…
Folks Who Bought Homes In 2020 or 2021 Might Stay In Their Homes Longer Than Expected
Did you buy a home in 2020 or 2021? I'm betting you might stay in that home longer than we might otherwise expect. After all, who would want to give up that fixed…