Monthly Archives: January 2023
Think Twice Before Waiting for 3% Mortgage Rates
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the rate... Read More
Wondering How Much You Need To Save for a Down Payment?
If you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make the process harder than it could be. Understand 20% Isn’t... Read More
Buyer Demand Comes Back Strong to Start 2023
2022 brought higher mortgage rates and moderating buyer demand in our local real estate market. However, home buyers have picked their searches right back up to start 2023. The challenge: the historically low levels of housing supply got even tighter in December. If selling your home is on your radar this year or if you’d... Read More
Avoid the Rental Trap in 2023
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving forward. In the past year, both current... Read More
January Home Maintenance & Safety Checklist
Happy New Year from Ryan Dallas Real Estate! Let’s kick off the year with your monthly home maintenance tips for January. It’s important to take the appropriate measure to maintain the integrity of your home. We know how busy life can be — so we’ll keep this easy and simple for you! Decide On Home... Read More