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Posts from September 13th, 2022

Town and Country Realty

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Uncategorized | 2 Posts
September
13

Great Question, there are a few things you can consider:

 

It's clear the Fargo/Moorhead (and entire country, to be honest) 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it's also become more costly to purchase a home. According to the National Association of Realtors (NAR): "Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%."  Despite this difficulty, there are still things hopeful buyers can do.

 

  1. Be mindful of location - Just because you can't purchase your dream home doesn't mean you have to settle for something you don't want. By being willing to compromise on location, you may find a home that better suits your needs. For example, if you had your heart set on living in the city but are finding it too expensive, consider looking in the suburbs instead.   There are many lovely communities located outside...

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