Even four years later, the real estate market is still dealing with the repercussions of the pandemic. Factors like low inventory and unaffordable housing are leaving many buyers discouraged and wondering what other options might be available. Multigenerational living used to be the typical arrangement for large families until it simmered out, but now it’s back on the rise. According to Pew Research...
While we’re still dealing with the repercussions of the pandemic, low inventory, and increases in inflation and mortgage rates, many buyers have decided to live with their parents and/or grandparents to save money. Regardless if they are first-time or repeat buyers, the current market conditions have them making this decision to not only help themselves but also help take care of their older family...
Heading into 2023, you’re probably wondering whether it makes more sense to rent or buy. Many buyers held off last year due to the rise in interest rates and limited inventory, but you might be in a position now where you have to decide. Let’s take a look at a few factors to consider. Cost You usually pay for your monthly rent and utilities when renting a home. Other potential rental costs...
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