Should I Move with Today’s Mortgage Rates?
The Fields Team Real Estate Blog
by Nathan Butterfield
4d ago
April 10, 2024 For SellersMortgage RatesSelling Myths When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you? In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains: “Listings are up a bit as life events and job changes are putting increasing pressure on locked-in homeowne ..read more
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Vonk Lending: Lending Market Review
The Fields Team Real Estate Blog
by Nathan Butterfield
1w ago
I’m here today with Sean Knudsen with Vonk lending. Not only has he become a very good friend of mine but he was actually my first preferred lender as a new agent back in 2009 and has remained a preferred lender for The Fields Team for about 15 years believe it or not. Grateful to chat with you today. We love having Sean as a preferred lender on the team he has comes with a ton of experience ton of knowledge and as one of the top lenders in the state. Sean tell us a little bit about yourself : I’ve been in the business for 21 years now. I think I’m coming up on 22 this year actually but I’ve ..read more
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New Edge Homes Development
The Fields Team Real Estate Blog
by Nathan Butterfield
1w ago
I just found out about this massive new development in Mapleton Utah by EDG Holmes one of my absolute favorite builders in Utah today we’ve arranged to meet with Brady JX with EDG hommes on site to check it out and get all the details I’m super stoked not just for this development but to meet with Brady today and to hear all about it let’s go check it [Music] out this is Jared Fields with real broker I’m here today with Brady ja with Edge Holmes really excited to show everyone this exciting new development in Mapleton Utah just outside of Spanish Fort Canyon Brady how are you I’m doing good I ..read more
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Elevated Grounds Coffee
The Fields Team Real Estate Blog
by Admin
1M ago
good morning today we’re at Elevated Grounds Coffee Shop one of my favorite coffee shops in all of Utah County located in Lindon Utah, at the canopy properties Business Park. Not only is the owner Nicole Evans one of my good friends but she’s also a past client and we’re excited to meet her today to hear about why elevated grounds in West Lindon is one of my favorite Coffee shops and what makes it so unique. Well hi Nikki how you doing good thanks good. So this is Nikki Evans not only one of my really good friends but a past client of mine and today we’re at her coffee shop Elevated Grounds g ..read more
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Expert Home Price Forecasts for 2024 Revised Up
The Fields Team Real Estate Blog
by Nathan Butterfield
2M ago
Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – and what’s caused the change. 2024 Home Price Forecasts: Then and Now The chart below shows what seven expert organizations think will happen to home prices in 2024. It compares their first 2024 home price forecasts (made at the end of 2023) with their newest projections: The middle column shows that ..read more
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Strategic Tips for Buying Your First Home
The Fields Team Real Estate Blog
by Nathan Butterfield
2M ago
Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it’s a dream you can make come true, but there are some hurdles you’ll need to overcome in today’s housing market – specifically the limited supply of homes for sale and ongoing affordability challenges. So, if you’re ready, willing, and able to buy your first home, here are three tips to help you turn your dream into a reality. Save Money with First-Time Homebuyer Programs        ..read more
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What Lower Mortgage Rates Mean for Your Purchasing Power
The Fields Team Real Estate Blog
by Nathan Butterfield
3M ago
January 8, 2024For BuyersFirst Time Home BuyersMove-Up BuyersBuying Myths If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below): This recent trend is great news for buyers. As a recent article from Bankrate says: “The rate cool-off somewhat eases the housing affordability squeeze.” And according ..read more
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Are the Top 3 Housing Market Questions on Your Mind?
The Fields Team Real Estate Blog
by Nathan Butterfield
5M ago
November 28, 2023For BuyersFor SellersFirst Time Home BuyersMove-Up BuyersHousing Market UpdatesBuying MythsSelling Myths As the housing market evolves, individuals contemplating buying or selling a home often encounter a barrage of conflicting information. To address these common concerns, let’s delve into the three most frequently asked questions and shed light on the latest market trends. Here are the top 3 questions people are asking about today’s housing market, and the data to help answer them. 1. What’s Next for Mortgage Rates? Mortgage rates have risen in recent years, impacting affor ..read more
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Is Wall Street Buying Up All the Homes in America?
The Fields Team Real Estate Blog
by Nathan Butterfield
5M ago
November 27, 2023For BuyersMove-Up BuyersHousing Market UpdatesBuying Myths If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors, and wondered how they’re impacting the housing market right now. That could leave you asking yourself questions like: How many homes do investors own? Are institutional investors, like large Wall Street Firms, really buying up so many homes that ..read more
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Home Prices Are Not Falling
The Fields Team Real Estate Blog
by Nathan Butterfield
7M ago
October 3, 2023For SellersPricingHousing Market UpdatesSelling Myths During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the residential real estate market. If it made you question if you should delay your own plans to move, here’s what you really need to know. Home Prices Never Crashed Disregard what you saw in the head ..read more
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