Mike Powell - Realtor - Coldwell Banker Professional Group

10/10/2022

With interest rates on the rise I keep getting asked one particular question over and over. "How are these rising interest rates affecting the housing market?" Great question! And the truth is no one can tell you with certain honesty. So here is an article that can at least shed some light on what is important for anyone considering purchasing a home right now.

Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this ri...

06/25/2021

Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits o...

05/26/2021

As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come.

05/11/2021

River Road home just listed! 3 bedroom 2 bath home UNDER $300,000!

This 3 bedroom, 2 bathroom Single Family for sale is located at 1624 Ono Ave, Eugene, OR 97404. View 17 photos, price history and more on coldwellbanker.com.

01/12/2021

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As C...

01/06/2021

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted:

01/03/2021

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the i...

11/13/2019

Buyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country. According to the latest ShowingTime Showing Index, “Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with

10/18/2019

Potential home buyers you should read this post!

Contrary to common misconception, a down payment is often much less than many believe. According to the ‘2019 Home Buyer Report’ conducted by Nerdwallet, many first-time buyers still believe they need a 20% down payment to buy a home in today’s market: “More than 6 in 10 (62%) Americans beli...