The Hollinden Team Louisville KY Real Estate Blog

What are mortgage rates about to do?

2 of the Factors That Impact Mortgage Rates




If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?

The answer is complicated because there’s a lot that can influence mortgage rates. Here are just...

Understanding Home Prices and Mortgage Rates in 2024

If becoming a homeowner is on your agenda for this year, you're likely closely monitoring the real estate landscape. Information is flowing in from various sources – news outlets, social media, your real estate advisor, and conversations with friends and family. Among the key topics dominating discussions are home prices and mortgage rates.

Key Considerations for Homebuyers:

1. Projecting Home Prices:

When pondering the future of home prices, a valuable resource is Fannie Mae's Home Price Expectations Survey. This comprehensive survey, comprising economists, real estate experts, and market strategists, indicates a projected continuous rise in home prices at least until 2028, as outlined in the latest release Fannie Mae - Home Price Expectations Survey.

The importance lies not just in the percentage of appreciation, which might not match...

Achieving the dream of having a home may be more within reach than you think!

Down Payment Assistance Programs Can Help Pave the Way to Homeownership




If you’re looking to buy a home, your down payment doesn’t have to be a big hurdle. According to the National Association of Realtors (NAR), 38% of first-time homebuyers find saving for a down payment the most challenging step. But the reality is, you probably don’t need to put down as much as you think:

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Don't go it alone!

Why You Need To Use a Real Estate Agent When You Buy a Home




If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t have to navigate all of that alone.

When it comes to buying a home, there are a lot of moving pieces. And that’s especially true in today’s ...

Who owns all the single family rentals?

Is Wall Street Buying Up All the Homes in America?




If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors, and wondered how they’re impacting the ...

Inventory update:

Are There Actually More Homes for Sale Right Now?




If you’re looking to make a move, you want to be sure you have the latest information on the housing market. To help make that possible, here’s an update on the supply of homes for sale today. Whether you’re looking to buy or sell, the number of homes available in your local market matters to you. Take...

Are people still moving?

People Are Still Moving, Even with Today’s Affordability Challenges




If you're thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are...

2024 Housing forecast.....

The Latest 2024 Housing Market Forecast




The new year is right around the corner, and you might be wondering if 2024 will be the right time to buy or sell a home. If you want to make the most informed decision possible, it’s important to know what the experts have to say about what's ahead for the housing market. Spoiler alert: the projections may be better than you think. Here’s why.

Experts...

Life-Changing Events That Move the Housing Market

Life-Changing Events That Move the Housing Market




Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events,...

401(k) as Down Payment? - Yikes!

Thinking About Using Your 401(k) To Buy a Home?




Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You're not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to ...