Posted on Sep 28, 2022
Home prices have shot up over the past few years, making homebuying an even more challenging endeavor for those who were already struggling to get together enough money for a down payment/closing costs. As a home buyer, the cheapest way to buy a house might involve looking at homes in need of a lot...
Posted on Sep 23, 2022
How do people afford houses? It might seem like an impossible task, depending on where you are in life. Especially when home prices have climbed so dramatically, the logical question is: how are people paying for homes worth half a million dollars? If you’re curious about how people afford ho...
Posted on Sep 16, 2022
Is it hard for a single person to buy a house? This question is often at the forefront of people’s minds when they begin to navigate this process alone. While couples buying homes are certainly the norm, plenty of people don’t fit the bill: in fact, single buyers make up about 30% of all homebuyers....
Posted on Sep 08, 2022
Houwzer's Market Outlook is based on the questions we continue to receive from clients, employees, and investors about the implications for the housing and mortgage markets in which we are active. See August's outlook. There’s been a lot of media speculation over the past few months that...
Posted on Sep 07, 2022
When the real estate market reached new levels of intense competition this past year, cash buying soared, soon accounting for 23% of home sales in the U.S. Part of this is because sellers highly prefer cash buyers - so even though far more buyers were ready to pay for their home through a lender, th...
Posted on Aug 31, 2022
When the media discusses the Federal Reserve raising interest rates, it’s often implied that this is synonymous with mortgage rates going up. However, mortgage rates are determined by multiple factors - and the Federal Reserve rates are just one. Read on to understand the difference be...
Posted on Aug 22, 2022
Smaller than Tampa yet large in attitude, St. Petersburg Florida is nestled along the Gulf of Mexico and has a reputation for its beaches, entertainment, and sun-soaked weather. "There is a thriving job market in St. Pete; a lot of businesses are coming here. There's a lot to do outdoors, and...
Posted on Aug 17, 2022
For most people, a home represents one of the most significant financial transactions of their life. During the home purchase process, homebuyers are often sending thousands of dollars to their lender or brokerage. The buyer’s unfamiliarity with the process, and the large amount of cash being exchan...
Posted on Aug 15, 2022
Houwzer's Market Outlook is based on the questions we continue to receive from clients, employees, and investors about the implications for the housing and mortgage markets in which we are active.Back in a previous rendition of our Market Outlook, we asked: could May 2022 Have been the market top fo...