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  • About SPG
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What You Should Know About Rising Mortgage Rates

What You Should Know About Rising Mortgage Rates

by House Trevethan Staff | Feb 28, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to...
The Two Big Issues the Housing Market’s Facing Right Now

The Two Big Issues the Housing Market’s Facing Right Now

by House Trevethan Staff | Feb 21, 2023 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:“Two dynamics are keeping existing-home inventory historically low – rate-locked...
The Top Reasons for Selling Your House

The Top Reasons for Selling Your House

by House Trevethan Staff | Feb 6, 2023 | For Sellers, Interest Rates, Selling Myths

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have...
The 3 Factors That Affect Home Affordability

The 3 Factors That Affect Home Affordability

by House Trevethan Staff | Jan 24, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp,...
Think Twice Before Waiting for 3% Mortgage Rates

Think Twice Before Waiting for 3% Mortgage Rates

by House Trevethan Staff | Jan 17, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...
What To Expect from the Housing Market in 2023

What To Expect from the Housing Market in 2023

by House Trevethan Staff | Dec 21, 2022 | Content Hub, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position.As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more...
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Prescott, AZ 86301
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928.478.7100

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