If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re either making the decision to […]

How are interest rates affecting the real estate market? The real estate market has made a 180 degree turn in the last 30 days. Interest rates for a 30-year fixed mortgage have increased from an average of 3% in March to an average of 5% in May.  This sudden, yes sudden, increase in interest rates […]

As winter approaches, sales prices have stayed high, and inventory is still low.  Fewer properties are being listed as we get closer to the holidays. Currently 20 residential properties are listed for sale in the Village, from $60 M on Lakeshore Blvd to $950K on Lariat.