The 30-year fixed-rate mortgage (FRM) averaged 6.73 percent as of August 1, 2024, down from last week when it averaged 6.78 percent, according to the Primary Mortgage Market Survey® by Freddie Mac. A year ago at this time, the 30-year […]
GVR sets rate schedule for 2024
Green Valley Recreation (GVR) has established the rate schedule for 2024, as follows: Effective January 1, 2024, annual member dues will increase $5 from $510 annually to $515 annually. The Membership Change Fee, which is applied to all sales and […]
Why homeowners are thankful they own
Countless people have set out on the exciting journey of homeownership. Ask around and you’ll find the vast majority are thankful they took the leap and bought a home. But why? It’s because of the many emotional and lifestyle benefits […]
Is your house on a Buyer’s Wish List this holiday season?
This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their listing until the new year. […]
What’s the housing market like in Green Valley?
Once you’re in the market to buy or sell a home, you’re going to notice every little thing you hear about the housing market. It could be on the TV, a headline or article online, friends, family, coworkers — everyone […]
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3 questions you may be asking about selling your house today
If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? […]
What’s ahead for home prices?
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from […]
Should you still buy a home with the latest news about inflation?
While the Federal Reserve is working to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8 percent. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the […]
The latest on housing supply and demand
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph […]
The emotional and non-financial benefits of homeownership
With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a […]