by The Peggy Patenaude Team | May 22, 2023 | First Time Home Buyers, Move-Up Buyers
The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up...
by The Peggy Patenaude Team | May 15, 2023 | Buyers & Sellers, Housing Market Updates, Move-Up Buyers
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage....
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by The Peggy Patenaude Team | Apr 28, 2023 | Buyer, First Time Home Buyers, Infographic, Interest Rates, Move-Up Buyers, Pricing
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down...
by The Peggy Patenaude Team | Apr 24, 2023 | Buyer, First Time Home Buyers, Move-Up Buyers
If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to...
by The Peggy Patenaude Team | Apr 17, 2023 | Buyer, First Time Home Buyers, Housing Market Updates, Move-Up Buyers, Pricing
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media...
by The Peggy Patenaude Team | Apr 6, 2023 | Buyer, Buying Myths, First Time Home Buyers, Move-Up Buyers, Pricing
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that...