Crown Real Estate Group

Crown Real Estate Group The Future of Real Estate begins with Our whole philosophy to create a client experience that is ba The Real Estate firm for the Flathead Valley.

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11/11/2022

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🚨Feature Listing  99 Sage Lane, Kalispell, MT 59901 | 1,912 sq. ft. | 3 Bed 2 Bath | Vinyl Fencing | 30' x 66' Shop | Fe...
10/20/2022

🚨Feature Listing 99 Sage Lane, Kalispell, MT 59901 | 1,912 sq. ft. | 3 Bed 2 Bath | Vinyl Fencing | 30' x 66' Shop | Fenced Backyard | Minutes to Kalispell Amenities | MLS #22215190

📞 Jeff Geistwite 406.309.0904
📲 [email protected]
📸 More info/photos: https://bit.ly/3CUtYOBore

OPEN HOUSE SUNDAY 10/9, 11-3pm!23 Vanderbilt Drive, Kalispell, MT 59901Great Location! Close to everything, Shopping, Gl...
10/07/2022

OPEN HOUSE SUNDAY 10/9, 11-3pm!
23 Vanderbilt Drive, Kalispell, MT 59901
Great Location! Close to everything, Shopping, Glacier Park, Flathead, and Whitefish lakes. This Great Home is situated very close to the Walking and Biking path to enjoy all the outdoor activities that come with the trail system.
Call Ashleigh Johnson at (406)609-8300 with any questions or to schedule a tour. MLS #22211088
https://www.flexmls.com/.../23-Vanderbilt-Drive-Kalispell...

10/04/2022

The cost of waiting for mortgage rates to go down.

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you're planning to buy a home. Here's some information that can help you make an informed decision when you set your homebuying plans.

The Impact of Rising Mortgage Rates
As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford. Here's how it works.

Let's assume you want to buy a $400,000 home (the median-priced home according to the National Association of Realtors is $389,500). If you're trying to shop at that price point and keep your monthly payment about $2,500-2,600 or below, here's how your purchasing power can change as mortgage rates climb (see chart below). The red shows payments above that threshold and the green indicates a payment within your target range.

Asthe chart shows, as rates go up, the amount you can afford to borrow decreases and that may mean you have to look at homes at a different price point. That's why it's important to work with a real estate advisor to understand how mortgage rates impact your monthly mortgage payment at various home loan amounts.

Are Mortgage Rates Going To Go Down?
The rise in mortgage rates and the resulting decrease in purchasing power may leave you wondering if you should wait for rates to go down before making your purchase. Realtor.com says this about where rates could go from here:

Many homebuyers likely winced . . . upon hearing that the Federal Reserve yet again boosted its short-term interest rates by three-quarters of a percentage point—a move that's pushing mortgage rates through the roof. And the already high rates are just going to get higher.

So, if you're waiting for mortgage rates to drop, you may be waiting for a while as the Federal Reserve works to get inflation under control.

And if you're considering renting as your alternative while you wait it out, remember that's going to get more expensive with time too. As Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), says:

There is no doubt that these higher rates hurt housing affordability. Nevertheless, apart from borrowing costs, rents additionally rose at their highest pace in nearly four decades.

Basically, it is true that it costs more to buy a home today than it did last year, but the same is true for renting. This means, either way, you're going to be paying more. The difference is, with homeownership, you're also gaining equity over time which will help grow your net worth. The question now becomes: what makes more sense for you?

Bottom Line
Each person's situation is unique. To make the best decision for you, let’s connect to explore your options.

Jeff Voigt - Realtor, Crown Real Estate Group
📞 406-609-6590
📧 [email protected]
🌐 JeffVoigt.SoldByCrown.com

https://www.mykcm.com/2022/10/04/the-cost-of-waiting-for-mortgage-rates-to-go-down/

🚨 Price Improvement. Check out this well cared for home that sits just minutes from Kalispell's shopping, restaurants an...
09/26/2022

🚨 Price Improvement. Check out this well cared for home that sits just minutes from Kalispell's shopping, restaurants and the Flathead Valleys recreational spots.
📞 Contact Kevin Knapp 406-871-7200
📲 More photos/info: https://bit.ly/3BM1FBd

09/13/2022

🏠 OPEN HOUSE: Sunday, 9/18/2022
📍 39465 Suncrest Lane, Polson, MT 59860
📍 10 am - 2 pm
▶️ 4.51 Acres
🔑 2,288 square feet
🛏 3 Bed 🛁 3 Bath
📪Lots of Potential
📸 More photos/info: https://bit.ly/3xlSMNe

Come take a look with Jessica von Scledorn, 406-249-0653 and Jeff Hanson, 406-407-2575.

🚨 324 Kathy Lake Lane, Kalispell, MT 59901➡️ 2.02 Acres➡️ 400 +/- Waterfront Footage➡️ Located in the Many Lakes subdivi...
09/13/2022

🚨 324 Kathy Lake Lane, Kalispell, MT 59901
➡️ 2.02 Acres
➡️ 400 +/- Waterfront Footage
➡️ Located in the Many Lakes subdivision
➡️ Can be purchased with 328 Kathy Lake Lane MLS #22209856

📞Matt Smith 406-471-5430
📲 [email protected]
📸 more photos/info: https://bit.ly/3qDpxSy
🌐 mattsmith.soldbycrown.com

09/07/2022

Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.

Our office is closed today. Take time to enjoy this day and be safe. We will open regular business hours tomorrow.  🇺🇸
09/05/2022

Our office is closed today. Take time to enjoy this day and be safe. We will open regular business hours tomorrow. 🇺🇸

09/02/2022

Instant Reaction: Mortgage Rates, September 1, 2022. "On the first day of September, mortgage rates continued to rise, following the trend of the 10-year Treasury yield. The 30-year fixed mortgage rate inched up to 5.66% from 5.55% the previous week." http://ow.ly/W5GS50KxWl4

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Kalispell, MT
59901

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