the sam miller team of remax stars realty: Are home prices coming down?
- 11/29/22 10:39 AM
Video: Are home prices coming down? Buyer demand and home value appreciation in 2020 and 2021 were the highest that I have ever experienced during my 36 years in the real estate industry. There are many reasons why the housing market skyrocketed, but there are two reasons that really stand out above the others. Record low mortgage interest rates made buying a home MUCH more affordable, and that enabled buyers to purchase higher valued homes without feeling the financial pinch because with low mortgage rates came low monthly payments on premium-priced homes. A limited supply of available homes combined with record-setting … (2 comments)
the sam miller team of remax stars realty: Honey Run Waterfall in Knox County Ohio
- 11/15/21 09:54 AM
Nestled in the woods and just off of Hazel Del Road in eastern Knox County Ohio you will find the Honey Run Waterfall. This waterfall flows all year round and it is especially gorgeous in the fall and during the winter months when it is accented by snow and ice. Honey Run is part of the Knox County Park district and there are some gorgeous walking and hiking trails and the wooded landscape is definitely photo-worthy so be sure to bring your camera. You can view and compare many of our homes for sale by visiting our Knox County Ohio homes for … (1 comments)
the sam miller team of remax stars realty: Knox County Ohio Housing Market Report on February 26, 2019
- 02/27/19 01:33 PM
This week the Knox County Ohio housing market report is showing signs that the inventory and absorption rates are starting to change. The Majority of the available homes that are priced below $250,000 remain extremely in strong demand with very limited availability. The price ranges above $250,000 are beginning to approach a more balanced market with housing inventory beginning to get back to more typical levels. This video touches on the majority of the price ranges and offers insight into the Knox County Ohio real estate inventory levels and which ones remain hot and which ones are starting to experience increased competition. … (3 comments)
the sam miller team of remax stars realty: Wondering what mortgage rates will do in 2019?
- 01/14/19 02:43 PM
Year after year two of the most popular questions we are asked when it comes to real estate are: 1. How is the Knox County Ohio housing market going this year? 2. What will the mortgage rates do this year? Both of these questions and the answers are critically important and remain at the top of buyers and sellers concerns because these questions relate to affordability and the saleability of a home. Higher mortgage interest rates lead to higher house payments for buyers and when the rates go up it can make it harder for most homebuyers to qualify for a home loan. This … (2 comments)
My team and I receive a lot of phone calls and emails asking if we have any homes for sale that could be purchased on "Rent To Own" terms. Most of the people who are calling typically do not understand exactly how a rent to own real estate purchase works. A rent to own type home purchase is typically not a good way for most people to buy a home in Knox County Ohio especially during a time when the interest rates are low and the banks and mortgage companies are still offering zero down USDA loans within our community. During my 33 … (1 comments)
Video: Are home prices coming down?
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