
A Shift in the Market Tide
As economists scramble to update their 2022 housing forecasts issued back in December and update midyear forecasts to factor in the curveballs the market has been pitched, we have been diligently paying attention to the changes and analyzing what is to come. It’s no secret that rates are soaring, an
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Interest Rates Still Historically Low
The Fed recently announced a .5 raise in interest rates leading to the 30-year fixed mortgagerate to end the first week of May 2022 at 5.27%. The rate rose 17 base points and is the highestit has been since August of 2009. The same occurred for the 15 -year fixed mortgage rate,ending the week up 12
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Tips for Buying a Home in Virginia Beach!
To everyone trying to buy homes in Virginia Beach, stay strong! With Virginia Beachexperiencing one of the highest bidding wars in the country, yes, the entire country, there issure to be some upset. Do not fear though as we are here to help tip you in the right direction!According to Redfin, Virgin
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If You’re a Homeowner, You Have Incredible Leverage When You Sell Today
n today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning
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