A key determinant of the current market's dynamics is the quantity of homes available for purchase. If you're contemplating whether or not to put your house on the market, this presents a significant advantage. With housing inventory at such a low level, your property will garner attention, especially if it is competitively priced. However, there are indications that more properties may soon be listed....
If you own a house and are considering not selling it, but rather using it as a short-term rental property, there are potential challenges you should be aware of. Short-term rentals are becoming increasingly popular and are often seen as an alternative to staying in hotels. However, taking on the responsibility of managing a short-term rental property can be challenging. Here are some difficulties you may...
When it comes to purchasing a home, particularly with the present affordability obstacles, it is crucial to adopt a strategic approach. The rates at which mortgages are offered have a direct influence on the expenses associated with borrowing money for your home loan. Consequently, in order to mitigate the elevated borrowing expenses prevalent today, several prospective homebuyers are carefully...
Mortgage rates have significantly increased in the last couple of months, so you're questioning your plans to purchase a home. You're wondering if you should wait for rates to drop. Let's keep it real. Due to inflation, among other factors, rates are only expected to increase in 2023. The Federal Reserve needs time to get inflation under control, so if you're waiting for mortgage rates to decrease, you may...
