The Sharpe Mortgage Team brings you news this week about assumable mortgages, new construction surges, factors to consider in a home offer, and exploring solar panels to save on your monthly energy bill. Click below to learn more about these topics:

New Construction Surges to Combat Housing Shortage - In May, the construction of new homes in the U.S. experienced a significant surge, driven by robust demand for single-family homes from buyers. Housing starts saw an impressive 21.7% increase, reaching a seasonally adjusted annual rate of 1.63 million, surpassing the predictions of economists. This growth marks the second consecutive month of expansion and achieves the highest construction pace since April of the previous year.

What Should a Seller Consider In An Offer? - In the current housing market, numerous sellers face the challenge of evaluating multiple offers for their homes. Apart from the monetary value of the offers, there are several other crucial factors that should be taken into account. Let's delve into a few of these considerations.

Benefits of Solar Panels for Summer Savings - As the summer heat sets in, numerous homeowners are on the hunt for ways to cut down on energy costs and make environmentally-friendly choices. One highly effective solution with multiple benefits is the installation of solar panels. By tapping into the sun's energy, solar panels can lead to substantial savings throughout the summer season. Let's take a closer look at some of the advantages they offer.

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!