From Nike to Amazon to Real Estate—Ryan Purdy’s journey is anything but ordinary.
Find out how a pandemic changed everything.
Category: Swanson Home Loans Blog – Mortgage Rate Updates and More
ARM Mortgages: Should You Get One in Today’s Market?
30-Year Fixed vs. 7/6 ARM — Which Mortgage Is Right for You? Thinking about going ARM to save on interest? Here’s what you really need to know in today’s market: ARM rates aren’t much lower right now — the yield curve is flat. Today’s rates (around 6.5%) are actually normal historically ARMs only make sense if you’re sure you’ll sell or refinance before the rate adjusts. Always compare total payments, not just the rate. Still unsure? Let’s run the numbers together. Reach out today!
Housing Market”: Timing Your Purchase in Q3
Still thinking about buying a home in 2025? It’s not too late!
I’ve got good news: home inventory peaks in Q3, and prices often dip after summer—making now a great time to buy. If you’re a first-time buyer, stay focused, and reach out if you need help financing your purchase.
Watch the video to learn how to take advantage of the current market!
Waiting for Better Market Conditions? They’re Already Here!
https://youtube.com/shorts/wDDuO4lVmOQ?feature=share
A recent survey shows that for every first-time homebuyer who bought a home last year, three more are still waiting for the “right time.” But here’s the good news: Better market conditions are happening NOW!
Q&A: First Time Homebuyer- Nail Loan Preapproval Timing!
Thinking about buying your first home? One of the biggest mistakes new buyers make is waiting too long to start the loan preapproval process — and it could cost you your dream home!
Home Buying in Uncertain Times: Expert Advice 2025!
Thinking about buying a home but feeling uncertain? You’re not alone—and your concerns are valid. But what if history could offer some clarity?
From inflation to recessions, we’ve seen tough times before—and yet, home values have continued to rise.
There are tools that can help you navigate today’s market.
Economic Uncertainty: What Does It Mean for Home Buyers?
https://youtube.com/shorts/mebf9lZKatw?si=_NwOkGp9qE7HtwsB
Consumer confidence is down, and economists are predicting a possible recession. This has led many buyers and sellers to delay their decisions. But could this be an opportunity for you?
Watch the video to find out how current market conditions might benefit you as a buyer.
Spring 2025 Housing Market Update: Balanced and Steady Growth
Welcome to Q1’s rate update! With all the uncertainty in the world, many are asking about the state of the housing market. As we wrap up Q1 2025 and move into spring, here’s a quick overview:
- Housing Market: The market is “Goldilocks” – not too hot, not too cold. New listings are increasing, and net inventory is growing, meaning supply is outpacing demand.
- Home Prices: Home appreciation in Portland is up 3% year-over-year, slightly below the national average of 4%. Prices are rising more gradually compared to previous years.
- Interest Rates: Rates have fluctuated between 6-8% since September 2022, averaging around 7%. Recent tariff announcements caused a spike, but rates are now trending lower again.
- Buyer/Seller Tips: Sellers might consider offering credits or concessions for interest rate buy-downs to attract buyers.
If you have questions or need assistance with housing transitions, feel free to reach out. We’re here to help!
Real Talk Ep 17 with The Twin Team: Jennifer and Katie’s Real Estate Journey
Join us on “Real Talk” as we interview Jennifer Raynak and Katie Fracasso, the dynamic “Twin Team” of Living Room Realtors. Discover their inspiring journey and how they’ve built a thriving real estate practice in Portland, centered on community service and client engagement.
Q&A: How Much Money Do You Really Need to Buy a Home?
Thinking about buying a home? In this video I breakdown 4 key areas to consider when figuring out how much money you need:
1. Professional Inspection: Expect costs around $1,000.
2. Closing Costs & Prorated Payments: Ranging from $7,000 to $20,000, but you might negotiate with the seller to cover these.
3. Buyer Representation Fee: Often negotiable with the seller.
4. Down Payment: Many loan programs offer assistance, so you might not need to save for this!
Want to learn more? Contact us!