Preferred Properties

Tag: Buyers

Posted on 01/20/2023
As interest rates decline, loan activity begins to bounce back 
The 30-year fixed-rate mortgage averaged 6.15% this week, the lowest rate since September. Key points: The declining mortgage rate could be behind this week's bump in loan applications. While good news for potential homebuyers, they still don’t have many choices as inventory remains low. As mortgage interest rates approach 6%, more potential buyers are applying for home loans....
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Posted on 01/14/2021
Why Not to Wait Until Spring to Make a Move
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest...
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Posted on 08/07/2020
How Is Remote Work Changing Homebuyer Needs?
With more companies figuring out how to efficiently and effectively enable their employees to work remotely (and for longer than most of us initially expected), homeowners throughout the country are re-evaluating their needs. Do I still need to live close to my company’s office building? Do I need a larger home with more office space? Would making a...
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