Charles River Properties, Author at Charles River Properties

You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

by Charles River Properties | Feb 3, 2023 | Buyers, Buying Myths, Infographic

Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to...

Experts Forecast a Turnaround in the Housing Market in 2023

by Charles River Properties | Feb 2, 2023 | Buyers & Sellers, Housing Market Updates

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the...

Lower Mortgage Rates Are Bringing Buyers Back to the Market

by Charles River Properties | Jan 31, 2023 | Housing Market Updates, Move-Up Buyers, Sellers

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come...

Homeownership Builds Your Wealth over Time [INFOGRAPHIC]

by Charles River Properties | Jan 27, 2023 | Buyers, First Time Home Buyers, Infographic

Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in...

Why It Makes Sense To Move Before Spring

by Charles River Properties | Jan 26, 2023 | Buyers, First Time Home Buyers, Housing Market Updates

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...