by House Trevethan Staff | Sep 13, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR):“Compared to one year ago, the monthly mortgage payment rose...
by House Trevethan Staff | Sep 7, 2022 | Content Hub, Housing Market Updates, Interest Rates
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?As you think about your...
by House Trevethan Staff | Sep 2, 2022 | For Sellers, Housing Market Updates, Infographics, Selling Myths
Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average...
by House Trevethan Staff | Sep 1, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction
According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and...
by House Trevethan Staff | Aug 31, 2022 | Content Hub, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it...
by House Trevethan Staff | Aug 30, 2022 | Content Hub, For Buyers, For Sellers, Housing Market Updates, Pricing
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more...