The average rate of inflation over the past hundred years is 3.22%. It doesn’t seem like much, but at that rate prices double every 20 years! That means if you buy a property for $1 million, in 20 years is should be worth $2 million, in 40 years $4 million, and 60 years it should […]
Good News For Home Buyers- For The 1st Time In Five Quarters The Fed Didn’t Raise Interest Rates
By Brian VerBurg #homebuyer #interestrates #housingmarket Yippee!! The Fed didn’t raise rates again like they have for the past 5 quarters. The announcement was made after the Federal Reserve meeting this week. This is good news for home buyers, car buyers, and anyone looking to borrower money in the near future. The Fed has recently […]
Top 3 Reasons the Housing Market is NOT Heading for a Crash
There is a bit of uncertainty in the housing market right now and many people are wondering if we are experiencing a slight dip or headed for a much larger correction. After 6 years of a hot housing market with large price increases year over year, the market is finally taking a breath and has […]