Blog | Buyers - Bob DeVore

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Buyers, Videos

Homeownership Is a Hedge Against Inflation (Video)

Homeownership is a hedge against inflation. Let’s connect if you’re ready to start the homebuying process.
Buyers

Trying To Buy a Home? Hang in There.

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 give you good reason to stick with your […]
Buyers, Sellers

Why Aren’t Home Prices Crashing?

There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.Even though […]
Buyers

How Changing Mortgage Rates Can Affect You

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship […]

Buyers Homeownership Is a Hedge Against Inflation (Video) Homeownership is a hedge against inflation. Let’s connect if you’re ready to start the homebuying process.

Buyers Trying To Buy a Home? Hang in There. 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 give you good reason to stick with your […]

Buyers Why Aren’t Home Prices Crashing? There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.Even though […]

Buyers How Changing Mortgage Rates Can Affect You The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship […]

Buyers Facts About Closing Costs 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. Let’s connect so I can answer your questions about the homebuying […]

Buyers How Homeownership Is Life Changing for Many Women Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership So Important to Women? The […]

Buyers The Current Housing Shortage Helps Keep Home Prices from Crashing (Video) The current housing shortage helps keep home prices from crashing. To learn about home prices in our local market, let’s connect.

Buyers Why Buying a Home Is a Sound Decision If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment.This year, we aren’t seeing home prices fall dramatically. As the year goes […]

Buyers Reasons To Consider Condos in Your Home Search Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate: “A condo can be a more affordable entry point to homeownership than a single-family home. And as a homeowner, you’ll build equity […]

Buyers What’s Ahead for Home Prices in 2023 Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the […]

Buyers Inventory of Homes of Increases Significantly in February Inventory of Homes of Increases Significantly in February Overall Median Sales Price Rises Slightly February – National and Local Real Estate Commentary In its continued effort to curb inflation, the Federal Reserve raised its benchmark interest rate in February by a quarterpercentage point to 4.50% – 4.75%, its 8th rate hike since March of last […]

Buyers Don’t Wait, Buy Now! (Video)

Buyers Here’s Why the Housing Market Isn’t Going To Crash Some Highlights Today’s housing market is different than it was in 2008. Lending standards have tightened, foreclosures have declined, home inventory is much lower, and homeowners have far more equity. If you’re concerned about a crash, meet with a local real estate professional to discuss why this isn’t like last time.

Buyers Condos Are a Great Entryway to Homeownership (Video) If you’re looking to buy your first home, you may want to consider condos. Let’s connect to explore your options.

Buyers What Buyer Activity Tells Us About the Housing Market Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can […]

Buyers Balancing Your Wants and Needs as a Homebuyer This Spring Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% […]

Buyers How are pre-qualifying and pre-approval different?

Buyers An Expert Gives You Clarity in Today’s Housing Market The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone […]

Buyers 4 Tips for Making Your Best Offer on a Home Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1.Lean on a Real Estate Professional Rely on […]

Buyers Tips for First Time Home Buyer (Video)