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    Lower Mortgage Rates Are Bringing Buyers Back to the Market

    January 31, 2023 / Comments Off on Lower Mortgage Rates Are Bringing Buyers Back to the Market

    As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.

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    Keeping Current Matters
  • All Things Central Oregon

    Where Will You Go If You Sell? You Have Options.

    January 30, 2023 / Comments Off on Where Will You Go If You Sell? You Have Options.

    There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

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    Keeping Current Matters
  • All Things Central Oregon

    Homeownership Builds Your Wealth over Time [INFOGRAPHIC]

    January 27, 2023 / Comments Off on Homeownership Builds Your Wealth over Time [INFOGRAPHIC]

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  • All Things Central Oregon

    Why It Makes Sense To Move Before Spring

    January 26, 2023 / Comments Off on Why It Makes Sense To Move Before Spring

    Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.

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    Keeping Current Matters
  • All Things Central Oregon

    Why You Shouldn’t Fear Today’s Foreclosure Headlines

    January 25, 2023 / Comments Off on Why You Shouldn’t Fear Today’s Foreclosure Headlines

    If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look. According to the Year-End 2022 U.S. Foreclosure Market Report from ATTOM, foreclosure filings are up 115% from 2021, but down 34% from 2019.…

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  • All Things Central Oregon

    The 3 Factors That Affect Home Affordability

    January 24, 2023 / Comments Off on The 3 Factors That Affect Home Affordability

    If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:

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  • All Things Central Oregon

    Want To Sell Your House? Price It Right.

    January 23, 2023 / Comments Off on Want To Sell Your House? Price It Right.

    Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:

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  • All Things Central Oregon

    What’s Really Happening with Home Prices? [INFOGRAPHIC]

    January 20, 2023 / Comments Off on What’s Really Happening with Home Prices? [INFOGRAPHIC]

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  • All Things Central Oregon

    Have Home Values Hit Bottom?

    January 18, 2023 / Comments Off on Have Home Values Hit Bottom?

    Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.

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  • All Things Central Oregon

    Think Twice Before Waiting for 3% Mortgage Rates

    January 17, 2023 / Comments Off on Think Twice Before Waiting for 3% Mortgage Rates

    Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

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    Keeping Current Matters
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