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Uncategorized Thinking about an Adjustable-Rate Mortgage? Read This First. If you’ve been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity? Adjustable-rate mortgages (ARMs). If you remember the crash […]
Uncategorized More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash. But the data proves that’s not the case. In most areas, more inventory isn’t bad news. It signifies the market returning to a more stable, […]
Uncategorized What Buyers Need To Know About Homeowners Association Fees When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s possible, depending on where you decide to live. A homeowners association is an […]
Uncategorized You Could Use Some of Your Equity To Give Your Children the Gift of Home If you’re a homeowner, chances are you’ve built up much wealth by living in your house and watching its value grow over time. And that equity? It could help change your child’s life. Since affordability is still a challenge, many first-time buyers struggle to buy a home in today’s market. Even if they have a […]
Uncategorized Why Would I Move with a 3% Mortgage Rate? You’re probably hesitant to let that go if you have a 3% mortgage rate. And even if you’ve toyed with the idea of moving, this nagging thought may hold you back: “Why would I give that up?” But when you ask that question, you may put your needs on the back burner without realizing it. […]
Uncategorized Don’t Let Student Loans Hold You Back from Homeownership Don’t Let Student Loans Hold You Back from Homeownership Did you know? According to a recent study, 72% of people with student loans think their debt will delay their ability to buy a home. Maybe you’re one of them and you’re wondering: Do you have to wait until you’ve paid off those loans before you […]
Uncategorized Why Buyers Are More Likely To Get Concessions Right Now Especially in areas where inventory is rising, homebuilders and sellers are sweetening the deal for buyers with things like paid closing costs, mortgage rate buy-downs, and more. In the industry, this is called a concession or an incentive. What Are Concessions and Incentives? When a seller or builder gives you something extra to help with […]
Uncategorized Home Projects That Boost Value Home Projects That Boost Value Whether you’re planning to move soon or not, it’s smart to be strategic about which home projects you take on. Your time, energy, and money matter – not all upgrades offer the payoff you might expect. As U.S. News Real Estate explains: “. . . not every home renovation project […]
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Uncategorized Why You’ll Want a Home Inspection
Uncategorized Housing Market Forecasts for the Second Half of the Year From rising home prices to mortgage rate swings, the housing market has left many people wondering what’s next – and whether now is the right time to move. There is one place you can turn to for the answers you want the most. And that’s the experts. Leading housing experts are starting to release their […]
Uncategorized Stocks May Be Volatile, but Home Values Aren’t The stock market has been bouncing around more than usual with all the economic uncertainty. And if you’ve been watching your 401(k) or investments lately, you’ve probably felt that pit in your stomach. One day it’s up. The next day, it’s not. And that may make you feel a little worried about your finances. But […]
Uncategorized The 20% Down Payment Myth, Debunked Saving up to buy a home can feel intimidating, especially now. And for many first-time buyers, the idea that you have to put 20% down can feel like a significant roadblock. But that’s a common misconception. Here’s thHere’sh. Do You Have to Put 20% Down When You Buy a Home? You won’t have to unless […]
Uncategorized Your Home Equity Could Make Moving Possible
Uncategorized What an Economic Slowdown Could Mean for the Housing Market Talk about the economy is all over the news, and the odds of a recession are rising this year. That’s leaving many people wondering what it means for the value of their home – and their buying power. Let’s take a look at some historical data to show what’s happened in the housing market during […]
Uncategorized A Tale of Two Housing Markets For a long time, the housing market was all sunshine for sellers. Homes were flying off the shelves, and buyers had to compete like crazy. But lately, things are starting to shift. Some areas are still super competitive for buyers, while others are seeing more homes sit on the market, giving buyers a bit more […]
Uncategorized Why Today’s Foreclosure Numbers Aren’t a Warning Sign When it feels like the cost of just about everything is rising, it’s only natural to wonder what that means for the housing market. Some people are even questioning whether more homeowners will struggle to make their mortgage payments, which could ultimately lead to a wave of foreclosures. Recent data showing that foreclosure filings have […]
Uncategorized Paused Your Moving Plans? Here’s Why It’s Time To Hit Play Again It’s not really a surprise that 70% of buyers paused their home search last year. Maybe you were one of them. And if so, no judgment. Conditions just weren’t great. Inventory was too low, prices were too high, and mortgage rates were bouncing all over. That made it really hard to find a home you […]
Uncategorized You Finally Have More Options for Your Move
Uncategorized Should I Buy a Home Now or Wait? \ At some point, you’ve probably heard the saying: “Yesterday was the best time to buy a home, but the next best time is today.” That’s because homeownership is a long-term investment, and home prices typically rise over time. So, while you may be holding out for prices to fall or rates to improve, you […]
Uncategorized What’s Your House Worth Now? The Answer May Surprise You Let’s talk about something you might not check nearly as often as your bank account – and that’s how much your home is worth. But when it comes to your financial situation, it’s an important thing to remember. When’s the last time you had a professional show you the value of your home? Think about […]