Cash buyers almost always have certain advantages in a real estate transaction. During periods of uncertainty, those advantages often become even more significant.
If you've been watching the Bend real estate market recently, you may have noticed that it feels a little quieter.
Over the past couple of weeks, activity seems to have slowed. It's difficult to point to any single cause. Higher mortgage rates, inflation concerns, economic uncertainty, and changing workplace policies may all be contributing. Markets rarely change because of a single event.
What we do know is that uncertainty changes the way people make financial decisions.
In general, four t...
Mortgage rates matter.
There's no question about that. A lower interest rate can reduce your monthly payment, while a higher rate can affect what you're comfortable spending on a home.
But if you're trying to decide whether now is the right time to buy, mortgage rates are only part of the picture.
Here are a few other questions worth considering.
Buying a home before you're financially or personally ready rarely leads to a good experience.
But there's another side to that.
Once many people make the decision to move, they're in...