Where Are Interest Rates Heading?


The Federal Reserve raised interest rates for the fifth time in 2022 at their September 21st meeting. The Fed continues to be aggressive in raising rates with a 0.75% rate hike this time around to put the federal funds target rate in the 3% to 3.25% range.

If you’re looking to buy a home in Huntsville, AL, you might be wondering how that’s going to impact real estate interest rates over the coming months. As a quick reminder, the Fed funds rate does not directly affect the mortgage rate, but it does have a major impact. 

When Will The Fed Raise Interest Rates Again? 

The Fed is predicting that they're going to continue to increase interest rates at their two remaining meetings in 2022 with an end…

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Are Huntsville, Alabama Homes Overvalued?

There has been a lot of hype and clickbait articles predicting what will happen in the housing market not only nationally, but locally as well. The latest clickbait article that came across my desk was titled “Housing Correction Coming to Alabama: See the State's Most Overvalued Real Estate Market”. 

They made two points in the article: 

1) Home prices have outpaced income growth and 

2)  Huntsville is at the top of the state's list at 37.12% overvalued compared to the area's income levels.

 

Are Huntsville homes overvalued and is a housing correction coming to the market? Let’s look at the facts:

Rising Cost of Living

Overvalued is probably not the right term, higher cost of living is…

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Real Estate Agent vs. For Sale By Owner (FSBO) 

When selling a house, there are two main routes you can take; using a real estate listing agent or selling the house yourself. The second route is called “for sale by owner” or “FSBO”. According to the National Association of Realtors, NAR, FSBOs only accounted for 7% of home sales in 2020. The real estate market has been a hot seller’s market recently which has more homeowners thinking about selling their house themselves in order to avoid paying a commission to a listing agent.

Here are the top five reasons you should consider hiring a real estate listing agent instead of doing a FSBO when selling a home in Huntsville, Alabama: 

#1 - Marketing

What do you think will help you sell…

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Real Estate Team vs. Solo Agent | What’s the Difference?

When you’re looking to buy or sell a home in the Huntsville, AL area, hiring a real estate agent is essential to your success. The benefits of using a real estate team versus using a solo agent can be the difference between the results you expect and the results you actually end up with. 

There’s a simple analogy to explain the difference between using an entire real estate team versus using a single agent. Let’s say you're going out to eat for dinner, could you imagine going into a restaurant and the person that greets you is also the exact same person that shows up at your table to take your order? Not only are they taking your order but they're the person that's cooking your food,…

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Matt Curtis Real Estate Website Wins a 2022 Summit Creative Award

Matt Curtis Real Estate and Real Estate Webmasters have received an international award for website design! The Summit Creative Awards received over 3,400 submissions from more than 19 countries, out of all of those entries, www.mattcurtisrealestate.com received bronze for the 2022 Top Summit Creative Award.

With the Matt Curtis Real Estate team - real estate is done differently. A dedicated team boasting over $1 billion in real estate sales partnered up with tech giant REW to create a real estate experience that makes buying your home something to look forward to. Just taking a look at the Matt Curtis site, and you know right away that the user experience is the priority.

The…

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