How Easy is to Sell a Home? Selling a home can be an overwhelming experience for most people. Especially if it is your primary home. There may be an emotional attachment, specially if you have lived there for a long time. In order to diminish the amount of stress, energy and better prepare yourself for […]
Archives for February 2022
Is The Best Time To Sell Your House Now?
Our economy is currently going through a high inflationary trend and rising mortgage interest rates. While at the same time, we have been experiencing a housing shortage supply, which resulted in extraordinary 2021 housing prices appreciation. But it seems that although 2022 will still bring modest buyer demand, experts are cautioning that we may be […]
Impact of Rising Mortgage Interest Rates on Housing Affordability
Will The Rise Mortgage Interest Rates Burst the Housing Bubble? Ahead of the Federal Reserve Bank’s announcement in March to raise mortgage interest rates, banks have raised the historically low 30 year fixed interest rates to 3.76% this month (February, 2022). This is the highest mortgage rates have been since 2020. Although mortgage interest rates […]
What is Inflation going to do to Housing Prices?
What Happens to Housing Prices during Inflation? As U.S inflation is the highest in 40 years, reaching 7.5% in January 2022 and strong demand is colliding with supply shortages. Consumers are seeing sharp increases for a variety of goods and services. Housing prices have not been the exception. According to a study done by Stanford […]
