A Key Opportunity for Homebuyers

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. As Danielle Hale, [...]

2022-06-29T03:04:44+00:00June 29, 2022|home buying or selling|Comments Off on A Key Opportunity for Homebuyers

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 survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below): As the graph shows, a strong majority (60%) said the [...]

2022-06-28T03:02:18+00:00June 28, 2022|home buying or selling|Comments Off on Two Reasons Why Today’s Housing Market Isn’t a Bubble

Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your home’s condition. Don’t pick just any price for your house. If you’re ready to sell, let’s connect to find the perfect price for your [...]

2022-06-25T03:02:52+00:00June 25, 2022|home buying or selling|Comments Off on Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.” With inflation rising, you’re likely feeling it impact your [...]

2022-06-24T03:05:50+00:00June 24, 2022|home buying or selling|Comments Off on Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Things To Avoid After Applying for a Home Loan

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any [...]

2022-06-23T03:04:39+00:00June 23, 2022|home buying or selling|Comments Off on Things To Avoid After Applying for a Home Loan

The Average Homeowner Gained $64K in Equity over the Past Year

If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may expect – here’s how it works. Because there’s an ongoing imbalance between the number of homes available for sale and the number of buyers looking to make a purchase, [...]

2022-06-22T03:06:27+00:00June 22, 2022|home buying or selling|Comments Off on The Average Homeowner Gained $64K in Equity over the Past Year

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap in Homeownership Rate in America It’s a more challenging journey to achieve homeownership for some buyers, as shown by the measurable gap between the overall average U.S. homeownership rate and that of non-white groups. [...]

2022-06-21T03:02:44+00:00June 21, 2022|home buying or selling|Comments Off on Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

More Listings Are Coming onto the Market [INFOGRAPHIC]

Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question is where you’ll go if you sell, take this as encouraging news. Let’s connect to [...]

2022-06-18T03:07:36+00:00June 18, 2022|home buying or selling|Comments Off on More Listings Are Coming onto the Market [INFOGRAPHIC]

Home Price Deceleration Doesn’t Mean Home Price Depreciation

Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say they’re going, here’s a look at a few terms you may hear: Appreciation is when home prices increase. Depreciation is when home prices decrease. Deceleration is when home prices continue to appreciate, but at [...]

2022-06-17T03:00:53+00:00June 17, 2022|home buying or selling|Comments Off on Home Price Deceleration Doesn’t Mean Home Price Depreciation

A Majority of Consumers Say It’s a Good Time To Sell Your House

If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right. According to recent data, that sweet spot could already be here. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae finds that 76% of consumers believe now is a [...]

2022-06-16T03:03:26+00:00June 16, 2022|home buying or selling|Comments Off on A Majority of Consumers Say It’s a Good Time To Sell Your House
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