From our friends in KCM
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision.
Consider this: if you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. Why is that? The reason is tied to how home values grow with time and how, by extension, that grows your own wealth. That may be why, in a recent Fannie Mae survey, 70% of respondents...
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REALTOR® Magazine
As inflation decelerates, the potential for lower mortgage rates is becoming a greater possibility.
Mortgage rates decreased for the second consecutive week but still remain above 6.5%, a far cry from a year ago, muting any celebration from borrowers. Freddie Mac reports the 30-year fixed-rate mortgage averaged 6.69% this week.
The weekly drop comes on the heels of better economic news: The Federal Reserve on Wednesday voted to pause hikes to its benchmark interest rate in June—here’s how that could affect mortgage rates—and inflation dropped to 4%, the lowest level in two years.
“As inflation continues to decelerate, economic growth is slowing and the tightening cycle of monetary policy...
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35 Corte Dorado, Greenbrae
Living Your Best Life in the Heart of Greenbrae
Offered at $2,495,000
Experience luxury and serenity with this elegant 4 BR/3BA home in Greenbrae. This two story home has the spacious primary suite with full Mt. Tam views and a large guest bedroom on the main level with two bedrooms, a bath, family room, laundry room on the lower level.
Situated on a cul-de-sac in a sylvan setting, walking distance to top-rated schools, this home was rebuilt in 2000 using gorgeous finishes including slate, granite, marble, limestone and wood. It is on a large lot that slopes gently to a seasonal creek and affords tremendous privacy.
With large...
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Thinking of taking the next BIG step with your partner?! 💑 We recommend clearing the air 🌬️ before starting your house-hunting journey 🏡
:::Things To Discuss:::
📐 Features: The number of bedrooms, bathrooms and layout can make a big difference in your day-to-day life. Does one of you want a larger suburban home to grow into and the other a low-maintenance bungalow in the city?
📍 Location & Lifestyle: What will commuting look like for each of you? Where are your interests and hobbies located, and do they differ?
💳 Credit Score: Does one of you have great credit and the other… well, not so much? Discuss how this could impact...
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It’s easy to get swept up in the excitement of buying a home. Once you’ve had an offer accepted on your dream house, you’ll probably be anxious to move in. However, before you make a significant financial commitment, it’s best to know exactly what you’re buying.
When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. It’s a worthwhile investment that can save you money in the long run, either by warning you away from a bad purchase or by providing a list of deficiencies you can use to negotiate with the sellers.
However, many buyers make mistakes...
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