How Changing Mortgage Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship
What’s happening in Residential Real Estate 1st Quarter 2023 from Dave & Travis
We were connected with Lisa and Steve back in June 2021. After lots of different plans/strategies it came time for Lisa to retire and sell their Anchorage Home (and move out to their property in the Valley). We got started about a month ago. They did a great job of preparing the home (& themselves),
How the Generational Shift is Impacting Homebuyers from Dave & Travis
As you can see below, there are some interesting shifts in homebuyer trends between 2021 and 2022. For instance, there’s been a significant decrease in the percentage of millennial homebuyers from 43% in 2021 to 28% in 2022 (which highlights the effect doubling mortgage interest rates had in 2022).
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