Interest rates have been on the rise this spring, and the Federal Reserve Board has hinted it will increase the Federal Funds Rate several more times this year in an effort to tame inflation. The increases leave homebuyers in a quandary. Monthly house payments are higher with increased rates, so purchasing an existing home can be tough. Uncertainty about how[...]
Home shoppers are wondering, why buy a new home now? Atlanta remains a red hot market for new home sales despite the recent upticks in interest rates. Wells Fargo Senior Economist Mark Vitner says he believes that Atlanta and other Sunbelt cities could get through a recession relatively unscathed. Click here to read the full article in the Atlanta Business Chronicle. With[...]
The weather is getting colder, and now is the perfect time to start preparing for warming your home. If you are a homebuyer looking at new homes in Atlanta area, a fireplace is certainly an enticing feature. Many home builders offer indoor and outdoor fireplaces, and while they can be great for gathering around, fireplaces must be used with caution.[...]
The US housing market may finally be cooling, but getting onto the property ladder is sometimes difficult. One solution is to buy a discounted property that need renovation. The availability and prices of these ‘fixer-uppers’ vary greatly across the country, but Atlantans fortunately have quite a range of them, and often at attractively reduced prices. StorageCafe research discovered which large US[...]
Moving? Set Up Your Utilities with a One-Stop Shop Moving can be a pain. There’s an endless list of tasks, such as making sure you have electricity, cable, internet and other utilities that make a house hum. We’ve decided to partner with an innovative company to make your move easier. The partnership between Atlanta Real Estate Forum and Utility Connect is[...]
Helping homeowners build fabulous, custom residences, Harcrest Homes understands that choosing to construct your ideal home is only the first step. The homebuilder’s talented team is there for every step as clients navigate the confusing and complex process of finding custom home financing options that are the right fit. To provide a little clarity, the custom home builder teamed up with[...]
In today’s rising rate environment, adjustable-rate mortgages (ARMs) are coming back. But these aren’t the ARMs your parents used in the early 2000s. Today’s offerings provide some added protection due to the lessons learned in the 2008 crash. Back then, about 30% of mortgages were made with adjustable rates. This means the loan started with an interest rate lower than the[...]
While purchasing a home is a massive financial undertaking, there are a few tips homeowners can implement to make the most out of owning a home. Whether a veteran homebuyer or a brand-new homeowner, special tax deductions can lessen the financial burden of purchasing and maintaining a home. Make the most out of tax season by implementing these five essential tips: Organization[...]
Building a custom home with all the bells and whistles is an exciting endeavor, but it also requires extensive preparation. Harcrest Homes is available to help with everything, from finding the perfect homesite and staying within budget on building a custom home that checks all the boxes! Here are a few custom home planning tips from Harcrest Homes: What’s the budget? Building a[...]
Home to many phenomenal educational institutions in and outside the metro area, Atlanta boasts fantastic neighborhoods for students wishing to remain Intown. A hot housing market mixed with a renowned culture and bustling economy, the capital of the Peach State attracts students and graduates from across the world. But entering the Atlanta homebuying and renting market can be overwhelming, especially[...]