Friday, March 26, 2021 / by Austin Goodale
Buyer & Seller Perks in Today’s Housing Market
Thursday March 25th, 2021 For Buyers, For Sellers, Housing Market Updates, Interest Rates
Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the radar this season.
The Biggest Perk for Buyers: Low Mortgage Rates
Today’s most compelling buyer incentive is low mortgage interest rates. The 30-year fixed-rate is now averaging just over 3%. While that’s slightly higher than the record-lows from 2020 and earlier this year, it’s still way lower than historic norms, making purchasing a home an ongoing perk for hopeful buyers (See graph below):This is a huge advantage f ...
Thursday, March 11, 2021 / by Austin Goodale
The housing market has a lot to offer both buyers and sellers right now. Let's connect to make sure you have the resources you need for the spring season.
Thursday, December 24, 2020 / by Austin Goodale
Austin and Lynn are wishing everyone a safe and sanitized
Thank you for helping us make our success possible.
#homebuying #homeselling #arizonarealestate #eastvalleyhomes #dreamhome #realestateagent #arizonarealtor #arizonarealestateexperts #CHRISTMAS #HolidaySeason ...
Monday, June 15, 2020 / by Austin Goodale
It’s not what you think -- you almost can’t find a headline with the term “housing affordability” without the word “crisis”
attached to it. That’s because some only consider the fact that residential real estate prices have continued to appreciate.
But it’s not just the price of a home that matters, but the price relative to a purchaser’s buying power.
Most people buy homes with a mortgage. The current mortgage rate is a major component of the affordability equation.
Mortgage rates have fallen by over a full percentage point since December 2018. Another major piece of the affordability
equation is a buyer’s income. The median family income has risen by 3.5% over the last year. Combined, these reveal that homes
are very affordable in comparison to historic numbers, and how they have become even more affordable over the past several months.
For ins ...