Author name: Ron Wilson

Current Mortgage Rate Trends In 2024, mortgage rates have fluctuated significantly. According to the Mortgage Bankers Association (MBA), the average 30-year fixed mortgage rate has hovered around 7.5%. This marks a sharp increase from the sub-3% rates seen in 2020. Factors such as: inflation Federal Reserve policies global economic instability have driven these changes. Homebuyers

Understanding Sustainable and Green Homes Sustainable and green homes prioritize eco-friendly materials and practices. This means utilizing renewable resources, minimizing waste, and ensuring energy efficiency. Features like: solar panels high-efficiency heating systems water-saving fixtures are common in these homes. Sustainable materials can include bamboo flooring, reclaimed wood, and recycled metal. Certification programs like LEED and

Understanding Smart Home Technology Smart home technology integrates advanced systems and devices to automate and enhance home management. New real estate developments increasingly incorporate these technologies to meet homebuyers’ expectations. What Is Smart Home Technology? Smart home technology uses internet-connected devices to enable remote management and monitoring of home systems. Examples include smart thermostats, lighting

Overview of the Housing Market Trend The U.S. housing market has seen remarkable shifts recently. High demand and low inventory drive price surges in many regions. According to the National Association of Realtors, the national median home price increased by 15% in the first quarter of 2023. Robust economic performance and favorable mortgage rates have