Patrick McCarthy Real Estate Blog – Advice Category

Patrick McCarthy Real Estate Blog – Advice Category: Blog archive posts from the Patrick McCarthy Real Estate Blog that were categorized as Advice.

14 10, 2021

Does It Make Sense to Pay Cash for Your Next Home?

By |2021-10-14T14:37:02-04:00October 14th, 2021|Advice, Financing, Home Buying, Real Estate|

With a housing market that has been hot for more than a year now, many people are considering whether it makes sense to renovate their current abode in order to better fit current (and future) needs, or to start from scratch with a new home – especially given the ongoing historically low interest rate environment.

6 08, 2021

How the Delta Variant is Impacting the Hot U.S. Real Estate Market

By |2021-08-06T13:51:41-04:00August 6th, 2021|Advice, Home Buying, Home Selling, Real Estate|

When the Coronavirus initially hit the United States back in early 2020, it had a negative impact on the stock market, and created a great deal of chaos for businesses and home sellers. But in the real estate market, things soon took an unexpected turn when home prices in many areas of the country skyrocketed. That, coupled with low mortgage rates, quickly led to a hot seller’s market – even resulting in multiple above-list-price offers on both condos and single family homes.

11 06, 2021

Is Now Really a Good Time to Buy a Home?

By |2021-06-16T14:19:00-04:00June 11th, 2021|Advice, Home Buying, Real Estate|

With all of the action going on in the real estate market, it could be a good time to purchase a new home – especially given the low mortgage rates. But before you make a decision about what is oftentimes the largest purchase of a lifetime, there are some other factors to consider, particularly with rising home prices and a shortage of properties for sale.

15 02, 2021

Is a 15-Year or 30-Year Mortgage Best?

By |2021-02-19T13:28:49-05:00February 15th, 2021|Advice, Financing, Home Buying, Home Selling, Real Estate|

With mortgage rates still at historical lows, financing – or even refinancing – a home can be enticing. When it comes to borrowing money for a home, many people automatically default to a 30-year mortgage – primarily because the payments are stretched out for a longer period of time, which can equate to a lower dollar amount that is due each month.