GREENWAY BLOG

7 Factors to Consider When Choosing A Home to Retire In

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement. According to the  National Association of Exclusive Buyers Agents  (NAEBA), there are  7 factors  that you should consider when choosing your retirement home. 1. Affordability “It may be easy enough to purchase your home today but think long-term about your monthly costs. Account for property taxes,...

Greenway's Markets in a Minute | Higher Mortgage Rates Expected in 2018

For the Week Ending February 23, 2018 Please enjoy this quick update on what happened this week in the housing and financial markets. Minutes from the Fed's last FOMC meeting point to more policy rate hikes ahead. Officials have seen an increase in economic growth and an uptick in inflation. The Fed doesn't control mortgage rates, yet rates are influenced by the Fed's actions. As the Fed raises policy rates this year, mortgage rates will likely follow....

Now is a Good Time to Buy

Fed Policy Rate Increase Likely in March

Wondering If You Can Buy Your First Home?

There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too young, and still, others might think their current income would never enable them to qualify for a mortgage. We want to share what the typical first-time homebuyer actually looks like based on the  National Association of REALTORS  most recent  Profile of Home Buyers & Sellers . Here are some interesting revelations on the first-time buyer: Bottom Line You may not be much different than many people...