Home Buying

Lowering Mortgage Rates May Lead To Better Housing Market

pen on paper with graph on itBuying a home in today's market can be challenging, and high mortgage rates are not helping. This makes the average prospective home buyer feel left out of owning a home. There are small signs that this may be changing, with the housing market slowing and starting to favor the new home buyer. Unlike during the pandemic, when you could take advantage of low interest rates things are different as we come out the other side. The underlying reason for mortgage rate hikes is sometimes tied to increasing Federal Reserve interest rates. As the economy starts to rebound the hope is that mortgage rates start to decrease even more.

Why Now Is The Time To Look At Hot Springs Village For Your Next Home Purchase

dog in wagon with sign that says new home here i comeWhile you probably get sick of hearing about how the COVID-19 pandemic has changed everything, it really has had a hand in the real estate market. Worried homeowners who were uneasy about having their house on the market when noone was able to go anywhere have had a real impact on the shape and scope of the market in most areas and for most age groups. So if you are an active senior looking to relocate to a community that caters to you and your likes then now is the time to put the feelers out there and start looking. Thankfully, the invention of the internet gives you the opportunity to give the real estate market a good look from the comfort of your home so you can scope out communities to move to. 

Here's What a Home Inspector Can't Tell You

Many buyers head into the home inspection with the idea that afterward they will know everything about the home, but this is not a realistic expectation. Instead, you should keep in mind that home inspectors are professionals that look for specific indicators and are bound by a set rules regarding their findings. Although every buyer is understandably focused on what's in the report, in some ways it is just as important to understand what isn't covered as what is. Keep reading to learn about a few of the items that you shouldn't expect to be covered in the home inspection.