Does the past predict the future? I found this interesting, the past 4 major interest rate shifts higher did just the opposite to home values. I have clients asking will the bubble in home prices burst? What bubble I say.
Real Estate with Tyson- The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching for your dream home!
- Housing Market: Another Gigantic Difference Between 2008 and 2018Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major difference between the two markets. Last […]
- Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School DistrictsIt should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of […]
- The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]
