Author: Diamond Realty Group LLC
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. Read More
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says: Read More
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When people think of cool places to live, Minneapolis may not be the first place that pops into their heads. But honestly, it should be. If you’re considering buying a home in Minneapolis, you may first want to know, what makes... Read More
Home to the blues, hearty food, and captivating history, Mississippi, also known as the Magnolia State, has something in store for everyone. While Mississippi is full of greatness, every place has its drawbacks. Whether you’re looking at homes for sale in Jackson... Read More
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious. Read More
If your home is cluttered and chaotic, it can be hard to relax and spend time with your family and friends. However, by taking a few simple steps to organize your home, you can turn it into a peaceful oasis. While getting started is often one... Read More
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key variables now compared to the last housing cycle, there are significant differences. Read More
Maryland, also known as the Old Line State, is renowned for its historical significance. It was the birthplace of the nation’s first railroad – the Baltimore & Ohio – and was the site of numerous battles that had an impact on the formation of the United States. Maryland... Read More
It’s easy for homes to become disorganized and full of clutter. Whether you have numerous belongings or always seem to accumulate more, it’s easy for it to become unmanageable. If so, consider incorporating structure into your cleaning routine. Creating simple habits will help you avoid the clutter and... Read More
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. Read More
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. But what about 2023? Read More