The Sharpe Mortgage Team brings you news this week about autumn home price trends, adjustable-rate mortgages, and home decorating trends for fall. Click below to learn more about these topics:

Autumn Home Price Trends - Fall typically means more homes for sale, lower list prices, and reduced competition, however, today's market poses challenges due to high mortgage rates, deterring sellers and keeping supply tight. This continues to drive prices up in many areas, although some markets are bucking the trend with price drops, particularly where COVID-19 had previously driven prices higher. Conversely, traditionally affordable regions are now seeing substantial price gains. Explore the cities with the largest price increases and decreases.

Explaining Adjustable-Rate Mortgages - When it comes to mortgages, there's a diverse range of choices available, and one that frequently captures the attention of homebuyers is the adjustable-rate mortgage, commonly known as an ARM. But what exactly is an ARM, and how does it distinguish itself from the conventional fixed-rate mortgage? Let's explore the details.

Home Decorating Trends for Fall - With the arrival of fall, it's the perfect moment to revitalize your home decor with the latest style trends. While classic autumn elements like pumpkins and plaid blankets hold their charm, why not consider some new and surprising decorating concepts for this year? To help you stay ahead of the curve, we've gathered the best fall decorating trends of 2023.

Have you been thinking about purchasing a home in Winston-Salem or the Triad area? The Sharpe Mortgage Team would love to help! Contact us today to learn more!