While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of…
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a…
After an amazing extension to the summer weather through mid-October, that has certainly changed quickly in the Pacific NW with cool air and rain anticipated now in the extended forecast. Speaking of rain, inflation continues to rain down on our…
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from…
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners…
If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or…
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became…
DATE: Wednesday, August 10th, 2022 TIME: 3:35 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: STAGNANT (since last Wednesday with daily volatility) SUGGESTION: Mortgage rates have remained close to the same this levels this last week. We suggest carefully floating or locking if…
Vantage Mortgage Weekly Interest Rate Tracker DATE: Wednesday, July 27th, 2022 TIME: 2:35 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: IMPROVEMENT (since last Wednesday with daily volatility) SUGGESTION: The Fed today announce (as expected) a 75 basis point (0.75%) increase in rates. …
People looking to buy a home have been seeing prices increase and supply dwindle to almost nothing in some areas. But real estate agents and their clients are beginning to see things turnaround in some parts.