Categories
Mortgages Real Estate

Mortgage Interest Rate Update

Mortgage interest rates have dropped slightly over the past 30 days. As of this week, the average U.S. interest rate for 30-year fixed-rate mortgages is 6.58%, down from 6.75% a month ago. While most current predictions are for a continuation of this trend throughout 2025, it isn’t clear if an expected Fed move to lower short-term interest rates is already baked into the current mortgage rate market.

Categories
Home Buying Real Estate

Buyer Agent Benefits

Home buying is one of the most stressful times in most people’s lives. The purchase price is material, most homes are bespoke, and virtually everyone does it so few times that they can’t get comfortable with the process. Buyer agents are there to help you through the process. The infographic below from Florida Realtors provides insights as to why people use buyer agents.

Categories
Home Selling Real Estate

Getting Listing Pictures Right

When you are selling your home, you want your listing pictures to get prospective buyers to your door. Here are some helpful tips.

See Your Home Through a Buyer’s Eyes

A few days or weeks before photo day, take a walk through your home as if you’re seeing it for the first time. Bring a clipboard and start at the curb:

  • Do the shrubs need trimming?
  • Could the walkway use a power-wash?
  • Would a fresh coat of paint on the front door boost curb appeal?
  • What’s your first impression when you step inside?
Categories
Home Buying Real Estate

Owning vs Renting

Florida Realtors has put together the infographic below regarding the reasons you should own rather than rent. If you are on the fence, it’s worth a read.

Categories
Home Buying Home Prices Home Selling Mortgages Real Estate

Five Year Crystal Ball

In 2025, existing home prices are expected to see modest year-over-year growth, with most experts projecting increases of less than 2%. However, mainstream forecasts anticipate continued appreciation over the longer term, with prices rising more than 10% by 2030. Similarly, new home prices are expected to grow gradually in 2025, with growth accelerating in the following years.