Despite uncertainty in the economy and the housing market right now, there is little to suggest that the housing market is poised for a crash. Mortgage rates have pulled back enough to get both current and potential homebuyers into the market.
Many of these homebuyers are turning to new home construction as existing inventory remains low and mortgage rates begin to stabilize. An uptick in housing affordability in the first quarter of 2023 corresponds to a rise in builder sentiment over the same period. Many builders are tailoring the construction of new homes towards first-time buyers.
Thinking of selling? It’s always a great time to sell when you are in a seller’s market with inventory so low and demand still very high. If your current house truly doesn’t fit your needs anymore and you’re ready to move, don’t miss this chance.
Have questions about entering the real estate market? I can help! Contact me today and let’s get started: (919) 291-5704
July To-Do List – Summer Fun and Chores to Keep You Busy
The heat is on! Keep your cool by tackling this set of (mostly) indoor chores to keep your home in shape. Then, reward yourself with an outdoor barbecue with neighbors.
How to Deal With Unpermitted Renovations
It’s not uncommon for homeowners to undertake home renovations without the required permits and government inspections. Here’s how to deal with unpermitted renovations.
Budget-Friendly Tips for New Home Furnishings
Here are several tips on how to make your new house a cozy home without breaking the bank.
First Impressions Matter
You never get a second chance to make a good first impression. And the first thing potential homebuyers see is your home’s exterior. So, when prepping your home to sell, don’t forget to spruce up the exterior and the surrounding yard.
