Renting vs. Purchasing a Home: What Makes More Sense and Why?
The decision between renting or purchasing a home is one that many individuals face at some point in their lives. Both options have their merits, and determining which one makes more sense depends on various factors. Market conditions play a crucial role in this decision-making process, as they can significantly impact the financial feasibility and…Read More→
The Impact of Low Mortgage Rates on the Housing Market: A Trapped Homeowner Dilemma
The American housing market finds itself in a unique predicament as homeowners remain locked in their properties due to historically low mortgage rates. These “golden handcuffs” have led to a scarcity of homes for sale, intensifying competition and driving up prices beyond forecasted expectations. The reluctance of homeowners to sell differentiates the current housing market…Read More→
Finding Your Dream Home: The Top 5 Features That Moms Love – A Real Estate Guide for Mother’s Day with AARE Real Estate
As Mother’s Day approaches, we wanted to take a moment to celebrate all the amazing moms out there and offer a guide to help them find their dream home. As a real estate company, we understand how important it is for families to have a comfortable and functional home that meets their unique needs. With…Read More→
The Rise of Shared Equity: A New Model for Home Ownership
An Alternative to Traditional Home Ownership Shared equity is a relatively new model for home ownership that is gaining popularity in some parts of the world. The basic idea behind shared equity is that two or more parties pool their resources together to purchase a property and share the ownership of the property. This model…Read More→
Friends Buy $1 Million Property with Shared Equity Partnership – A New Model for Affordable Home Ownership
Three college friends named Alex, Ben, and Casey decided that they wanted to invest in a property together, known as a shared equity partnership. They came across a beautiful $1 million property in the city that they all fell in love with and began exploring how to make it work financially. After much discussion, they…Read More→
Federal Reserve Raises Rates Responding Banking Crisis and High Inflation
May 4, 2023 – In a move aimed at addressing the ongoing banking crisis and high inflation levels, the Federal Reserve has announced a quarter-point increase in interest rates, bringing the benchmark funds rate to a range of 5% to 5.25%. This decision follows a series of similar actions taken over the past year, with…Read More→
How Interest Rates Impact Real Estate: A Historical Overview
The history of interest rates in the United States dates back to the late 18th century, when the first bank, the Bank of North America, was established in Philadelphia in 1782. Since then, interest rates have fluctuated greatly over the years, influenced by various economic and political factors. Throughout history, interest rates have played a…Read More→
The Pros and Cons of Selling Your Home on Your Own
Selling a home can be a daunting task, and many homeowners are tempted to save money by selling their homes on their own, rather than hiring a real estate agent. While selling your home on your own, also known as “for sale by owner” (FSBO), can save you money on agent commissions, there are also…Read More→
Buying a Home, Is Now The Right Time?
Buying a home is a major financial commitment, and it’s important to carefully consider whether the current market conditions make it the right time to make this investment. With recent rate hikes and a slowdown in the housing market, prospective buyers need to reassess their options. Here are some factors to consider when deciding if…Read More→
Making Your Home Stand Out in Today’s Market
Making you home stand out in a crowded real estate market can be challenging. With so many properties available, it’s important to make your home stand out from the competition. Whether you’re planning to sell your home soon or simply want to increase its value, here are some tips for making your home stand out…Read More→
