by Susanne Novak | Feb 21, 2022 | Buyer Tips, Trends
I just want to send you a quick update from the mortgage interest front. You probably heard that interest rates will rise in 2022. Many experts predicted that the 30-year fixed rate will increase to 3.8% by the end of this year. Unfortunately, their predictions were...
by Susanne Novak | Jan 3, 2022 | Buyer Tips
Let’s begin the new year with a success story that started one year ago. My clients, Brian and Brandon, have been renting an apartment for the past five years. Every month they put money aside to save for the down payment to buy and own a home. 2021 was supposed...
by Susanne Novak | Oct 11, 2021 | Buyer Tips
A few weeks ago, I mentioned that October is the best time of the year to buy a house. The housing market has definitely settled down. The inventory is now 25% higher than a year ago, the average sales price has started to decline, and most listings take longer than a...
by Susanne Novak | Sep 13, 2021 | Buyer Tips, Trends
I just came back from a week-long vacation in the mountains around Salt Lake City. While Utah has not suffered from wildfires like California, the Salt Lake Valley is known for its low air quality. Luckily, the air we breathe in Columbus has been relatively clean and...
by Susanne Novak | Aug 16, 2021 | Buyer Tips, Trends
Over the past few months, I talked to many frustrated buyers who were ready to give up on their home search and continue to rent. I believe this is a mistake as the market has been normalizing this summer. Will the Housing Shortage Continue? Unlike what most people...