by Norman Neu | May 22, 2023 | First Time Home Buyers, Move up Buyers
The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up...
by Norman Neu | May 15, 2023 | Buyer & Seller, Housing Market Updates, Move up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
by Norman Neu | Apr 24, 2023 | Buyer, First Time Home Buyers, Move up Buyers
If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to...
by Norman Neu | Apr 17, 2023 | Buyer, First Time Home Buyers, Housing Market Updates, Move up Buyers, Pricing
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media...
by Norman Neu | Apr 6, 2023 | Buyer, Buying myths, First Time Home Buyers, Move up Buyers, Pricing
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that...
by Norman Neu | Mar 31, 2023 | Buyer, Buying myths, First Time Home Buyers, Infographic, Move up Buyers
Some Highlights If you’re thinking about buying a home, be sure to plan for closing costs. Closing costs are typically 2% to 5% of the total purchase price of a home, and they can include things like government recording costs, appraisal fees, and more. Work with a...