Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And ... Continue Reading » about The Top Reasons for Selling Your House
Isle of Palms
Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years
The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so. Your house would be welcome in a market ... Continue Reading » about Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years
You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]
Experts Forecast a Turnaround in the Housing Market in 2023
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. ... Continue Reading » about Experts Forecast a Turnaround in the Housing Market in 2023
Should You Rent Your House or Sell It?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. ... Continue Reading » about Should You Rent Your House or Sell It?
Lower Mortgage Rates Are Bringing Buyers Back to the Market
As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. ... Continue Reading » about Lower Mortgage Rates Are Bringing Buyers Back to the Market