Rental Value Trends
Updated 08/31/22 This newsletter is updated as the economy and situations change. CLICK FREE Rental Analysis BELOW TO IMMEDIATELY GET YOUR HOME’S RENTAL VALUE “When people can no longer afford steak, the price of chicken goes up” Alex. Higher interest rates and record-breaking inflation continue to financially strangle the average person. Buying a home […]
Interest Rate Trends
Updated 8/31/2022 Interest rates have yo-yo’d down & up again a little over the past month or so but basically doubled this year. The Federal Reserve is now doing a balancing act between keeping interest rates up to slow inflation and keeping interest rates low enough to stimulate the economy through this mild recession we […]
Housing Price Trends
Updated 08/31/22 This newsletter is updated as the economy and situations change. For Now… Housing prices have leveled off, maybe even dropped a tiny bit and homes are taking longer to sell. Sale times now average closer to three months versus earlier this year when homes would sell in a week or two, regardless of condition. […]
Housing Price Trends
Updated 07/12/022 Home prices have stopped going up and started coming down a little. Why? Because there are many more homes for sale. Though the number of buyers has not dropped much, the number of sellers has more than doubled. Supply and demand. There’s no longer a shortage of homes for sale. With the high […]
Interest Rate Trends
Updated 7/12/2022, Although interest rates have pretty much doubled since last year they have currently dropped a tiny bit. Low or no income qualifying loans, ARMs (adjustable-rate mortgages) that offer a discount for the first few years to help people qualify, 40 year mortgages and even interest only loans, are all coming back!. (Just like […]
Rental Value Trends
Updated 06/20/22 This newsletter is updated as the economy and situations change. As higher interest rates and record-breaking inflation continue to financially strangle the average person, it is likely, just like in our last recession of 2007, that rental properties will stay in demand for needed housing. The highest market rents may fall off a […]
Interest Rate Trends
Updated 6/20/2022, Interest rates have pretty much doubled since last year and are currently stagnant with little to no movement. Rest assured creative loans will resurface to make house payments more affordable. These will likely include ARMs, adjustable-rate mortgages that offer a discount for the first few years to help people qualify, 40 year mortgages and even […]
Housing Price Trends
Updated 06/20/2022 For Now… With the high price of housing and interest rates doubling since last year, fewer people are qualified to buy a home meaning there’s less competition to buy your home. Prices are now dropping a little and homes are taking longer to sell. Many home sellers are retirees and are downsizing or relocating outside […]