The United States' current inflation rate now stands at 9.1%.  One of the Fed's answers to curb inflation is to raise interest rates.  While mortgage rates aren't directly tied to Federal interest rates, the Fed has an impact on mortgage rates, along with other important factors.  The Fed is trying to slow an inflation rate not seen since [...]

Two Reasons Why Today's Housing Market Isn't a Bubble

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent [...]

Did you know that you have the option to sell your property without listing the property for sale to the general public?  At Pomerleau Realty Group we understand not wanting the world to know about your property being for sale.  We have ready and willing buyers that are ready to make a purchase now.  Are you thinking about selling, but don't [...]

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership [...]

Is the buyer of your property getting a mortgage?  What if the appraisal for their mortgage comes in lower than their offered purchase price?

If your broker states that your property could potentially appraise for close or lower than the purchase price, you could ask the buyer to cover any gap in the appraised value in the Purchase and Sale [...]