Holly & Chris Luxury Homes

Home Buyer

The 20% Down Payment Myth, Debunked

Saving for a home can feel daunting—especially in today’s market. And for many first-time buyers, the belief that a 20% down payment is required often seems like a major hurdle. The good news? That’s one of the most common myths about homebuying. Here's what you really need to know. Do You Really Have To Put 20% Down When You Buy a Home? Unless your specific loan program or lender requires it,...

Wondering If You Missed the Best Time To Sell? Not Quite.

According to Realtor.com, the week of April 13–19 was projected to be the best time to list a home this year. And if that week has already passed, you might be asking yourself: did I miss the window? The good news — not at all. Here’s why. While that prediction is based on Realtor.com’s own analysis, other real estate sources use different data and approaches — which means their findings often...

The Truth About Newly Built Homes and Today’s Market

Lately, headlines have been buzzing about the rise in new home inventory, noting that we’re now seeing levels not experienced since 2009. If that immediately brings to mind the housing crash of the late 2000s, you’re not alone — and it’s completely understandable to feel a little uneasy. But before jumping to conclusions or letting fear take the wheel, it’s worth remembering that headlines are...

4 Things To Expect from the Spring Housing Market

Spring is here, and with it, the housing market is starting to heat up. If you’ve been considering whether now is the right time to buy or sell, here's a closer look at why this spring could be the perfect time to make your move. 1. There Are More Homes for Sale After a prolonged period of limited inventory, the number of homes available for sale is finally on the rise. Recent data from Realtor.com...

Mortgage Rates Reach Year’s Lowest Level

If you’ve been hesitant to buy a home due to high mortgage rates, now may be a good time to revisit the market. Mortgage rates have been steadily declining in recent weeks, creating an opportunity for potential buyers to re-engage. According to Freddie Mac, mortgage rates have fallen for seven consecutive weeks, now reaching their lowest point so far this year (see graph below). While this shift may...