home buying in stafford: How a Recession Affects the Housing Market
- 10/26/22 09:06 AM
Inflation has been in the news and on the minds of just about everyone throughout the past year. Now there’s a new concern emerging – the possibility of a recession. For some, the term recession evokes concern. You may be questioning what this will mean for your finances and for the economy as a whole. For others, this might be your first time living through the possibility of a recession and you may not know what to expect. First, it’s important to understand exactly what a recession is and how it’s measured. With that perspective, we will also cover how it typically affects … (4 comments)
home buying in stafford: How to Choose a Real Estate Agent
- 10/20/22 08:50 AM
Real estate agents are an essential part of the home buying process. They know your local area, they have connections that can win you the house you love, and their negotiation skills will help you stay within your budget. Use these tips to help you choose an agent who will be your real estate superhero. There are many reasons why you should buy your home with a real estate agent. They know the ins and outs of the industry and your local market, they have connections that can win you the house you love, and their keen negotiation skills can help you … (2 comments)
home buying in stafford: What To Do When Your Appraisal Comes In Lower Than Your Offer
- 10/20/22 08:44 AM
Your appraisal coming back lower than your offer does not mean that it is time to press the panic button. With some creative solutions from your loan officer, you should still be able to get the deal done. Appraisals are an important part of the mortgage process, mainly because they ensure that you’re paying a fair price for your new home as a buyer. Appraisals also act as a safeguard for all parties involved, from the seller to your mortgage lender. If it’s your first time buying a home, you might wonder how exactly appraisals can help protect you and your new … (2 comments)
home buying in stafford: How to Furnish your Home on a Budget!
- 08/10/22 06:47 AM
Within the past almost two years, the furniture industry has come to a slow crawl and it’s not due to a lack of furniture buyers. Many customers have placed orders only to be told it could take 6 months to a year to receive their orders. While other companies may have furniture items in stock, you could still end up not only waiting a long time for your item to be shipped, but pay a ton in shipping costs. Instead, you may be able to look in your area and find exactly what you need. Second hand stores If you have places like Goodwill … (2 comments)
home buying in stafford: How Does the Fed Rate Increase Affect Mortgages?
- 06/16/22 08:36 AM
At the end of April, the Bureau of Labor Statistics reported that the Consumer Price Index measured year-over-year inflation at 8.5%. The Consumer Price Index is a calculation that tracks how much the average cost of consumer items changes over time and is a widely used method of measuring inflation. Like most consumers, you’re probably concerned about the continued reports of increasing inflation, and likely feeling the brunt of these growing numbers. You can see the increase in overall price levels at the supermarket buying groceries, filling up on gas, or in your monthly energy bills. The Federal Reserve, which is charged with navigating US … (3 comments)
home buying in stafford: To Buy or Not to Buy! Is Buying better than renting!
- 09/26/11 03:11 AM
To Buy or Not to Buy! Is Buying better than Renting! When is the right time to buy. I remember back in the 80's when interest rates were averaging 9%. Everyone thought that was a great time to buy. Now interest rates are at a all time low and people are saying this is the best time to buy. What is the best time to buy. Well that depends on your situation. Home prices have taken such a beating and demand for rental units has increased so much that it's now cheaper to buy a two-bedroom home than to rent one … (1 comments)
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Inflation has been in the news and on the minds of just about everyone throughout the past year. Now there’s a new concern emerging – the possibility of a recession.
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