Rates holding steady is supportive for buyers and sellers — no new shock to borrowing costs. The Bank is clearly in “wait and see” mode, watching inflation, trade, and domestic demand. Weak near-term growth suggests no rush to raise rates, which helps maintain buyer confidence. Improved employment is a positive sign, but caution remains — expect steady, not explosive, market activity. If growth improves in 2026 as forecast,... [read more]

Why Patience Matters Pricing isn’t the only factor at play—patience is also key. A longer time on the market doesn’t necessarily mean something is wrong with your home. In many areas, it’s simply the new normal. The average days on market have increased, and sellers should expect the process to take longer than it might have in past years. That said, patience doesn’t mean sitting back and doing nothing. The most successful sellers stay... [read more]

How to Avoid a Mortgage Scam Scams are everywhere just waiting for you to take the bait if you aren’t careful. For many homeowners, their home is their biggest asset, so dodging a mortgage scam takes on extra importance. These scams can take the form of false promises for better mortgage terms, wire fraud phishing schemes during the closing process, stealing your home equity with reverse mortgages, loan flipping (where the borrower is persuaded to repeatedly refinance the same loan so... [read more]

We are Bonnie and Paul Jones and we are Full-Time Realtors with Sutton Group Heritage Realty. First time home Buyers are going to be hard pressed to get into home ownership, given the recently changed lending criteria? Who do you know that will be trying to Buy their first home in 2017? They would be a great referral for us.  We love working with first time home Buyers. With competing offers, lending restrictions and low inventory first time home Buyers have a very small window... [read more]

Over the last few years, more purchase offers have fallen apart due to financing than in the past couple of decades combined. Financing has become that challenging, and few people realize it until they actually write an offer and make the application. When it comes to mortgage financing, while money may never have been cheaper… it’s also never been harder to get. Get preapproved!!! [read more]