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found beside or under the title of the article.
As mortgage interest rates tick up, some buyers have decided to "wait until interest rates go down". Certainly, the rise in interest rates is taking a big bite out of a buyer's monthly mortgage budget which costs buying power, but does it make sense to wait? Are there benefits to going ahead and buying now? Let's look at some facts and do the math!
Sellers need to price it right, buyers need to make a fair offer, and both sides should be prepared to negotiate. This article includes a table of data from 1982, 1992, 2002, 2012, and 2022 to show how conditions have changed over time in terms of median sales prices, mortgage rates, and household income.
Off-street parking options are becoming more in-demand as neighborhoods become denser. City planners are becoming more reliant on public transportation, but many people still drive a vehicle and need a place to park. Garages, carports, and even on-property parking strips and driveways become hot commodities. This article gets homeowners thinking about the value of their parking spaces.
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Mortgage rates are on most buyers' minds - those who are buying with a mortgage, that is.