by Danny Alsaffar | Nov 28, 2022 | Article
The housing market is slowing after mortgage rates hit historic lows during the pandemic, boosting demand for new homes and bumping up listing prices. This year, mortgage rates have risen by more than two and a half percentage points. Furthermore, the rising costs of...
by Danny Alsaffar | Nov 22, 2022 | Article
Rising mortgage rates and home prices have reduced affordability to its lowest point since 1989 according to the National Association of Realtors (NAR). Home prices have increased significantly but have begun to fall. Prices were up 18 percent year on year in June,...
by Danny Alsaffar | Nov 18, 2022 | Article
Among the many choices that homebuyers must consider is whether to purchase a new construction home or an existing home. Buyers in today’s hot housing market are likely to look at every available property on the market. While each home has its own distinct...
by Danny Alsaffar | Nov 15, 2022 | Article
While home sellers may enjoy watching potential buyers compete for their properties, the housing market is experiencing a decline in bidding wars, giving those buyers who remain on the fence more choices and negotiating power. The market appears to be slowing from the...
by Danny Alsaffar | Nov 10, 2022 | Article
You’ve probably noticed that the housing market is changing. Is it, however, a “buyer’s market” just yet? With buyer activity picking up as inventory rises and prices and interest rates drop, buyers can finally bid farewell to waiting lists and...
by Danny Alsaffar | Nov 8, 2022 | Article
The Federal Reserve announced a fourth consecutive three-quarter point hike in interest rates, signaling a possible shift in how it will handle monetary policy to reduce inflation. Even as households of all income levels feel past rate increases, it was the...
