After months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. So, if you’ve put your own move on the […]
https://jennyfrancishomes.com/wp-content/uploads/2024/05/jennylogo.jpg00jennyhttps://jennyfrancishomes.com/wp-content/uploads/2024/05/jennylogo.jpgjenny2024-10-01 12:02:252024-10-01 12:02:25This Is the Sweet Spot Homebuyers Have Been Waiting For
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of […]
https://jennyfrancishomes.com/wp-content/uploads/2024/05/jennylogo.jpg00jennyhttps://jennyfrancishomes.com/wp-content/uploads/2024/05/jennylogo.jpgjenny2024-09-30 12:05:152024-09-30 12:05:15Buying Beats Renting in 22 Major U.S. Cities
Some Highlights If you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the […]
This Is the Sweet Spot Homebuyers Have Been Waiting For
/in blog /by jennyAfter months of sitting on the sidelines, many homebuyers who were priced out by high mortgage rates and affordability challenges finally have an opportunity to make their move. With rates trending down, today’s market is a sweet spot for buyers—and it’s one that may not last long. So, if you’ve put your own move on the […]
Buying Beats Renting in 22 Major U.S. Cities
/in blog /by jennyThat’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rates have eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of […]
Buy Now, or Wait?
/in blog /by jennySome Highlights If you’re wondering if you should buy now or wait, here’s what you need to know. If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the […]