Why a Newly Built Home Might Be the Move Right Now Are you looking for better home prices, or even a lower mortgage rate? You might find both in one place: a newly built home. While many buyers are overlooking new construction, it could be your best opportunity in today’s market. Here’s why. There are […]
Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers
Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place. But, something pretty encouraging is happening. While affordability is still tight, mortgage […]
The 5-Year Rule for Home Prices
The 5-Year Rule for Home Prices Some Highlights If recent home price headlines have you feeling worried, here’s some perspective. Home values almost always go up in the long run. And the long-term gains offset any short-term dips. Basically, if you plan to live there for 5 or more years, you should be able to […]
The Truth About Where Home Prices Are Heading
The Truth About Where Home Prices Are Heading There are plenty of headlines these days calling for a housing market crash. But the truth is, they’re not telling the full story. Here’s what’s actually happening, and what the experts project for home prices over the next 5 years. And spoiler alert – it’s not a […]
What You Should Know About Getting a Mortgage Today
What You Should Know About Getting a Mortgage Today If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong. Lenders are making it slightly easier for well-qualified buyers […]
Think No One’s Buying Homes Right Now? Think Again.
Think No One’s Buying Homes Right Now? Think Again. If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell? Here’s the thing. Sure, the pace of the market has cooled compared to the frenzy we saw just a few […]
Why Big Investors Aren’t a Challenge for Today’s Homebuyer
Why Big Investors Aren’t a Challenge for Today’s Homebuyer Remember the chatter in the headlines about all the homes big institutional investors were buying? If you were thinking about buying a home yourself, you may have wondered how you’d ever be able to compete with that. Here’s the thing. That’s not the challenge so many […]
Multi-Generational Homebuying Hit a Record High – Here’s Why
Multi-Generational Homebuying Hit a Record High – Here’s Why Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the increase? Affordability. […]
Think It’s Better To Wait for a Recession Before You Move? Think Again.
Think It’s Better To Wait for a Recession Before You Move? Think Again. Fear of a recession is back in the headlines. And if you’re thinking about buying or selling sometime soon, that may leave you wondering if you should reconsider the timing of your move. A recent survey by John Burns Research and Consulting […]
Why Homeownership Is Going To Be Worth It
Why Homeownership Is Going To Be Worth It Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own. Because when everything else feels up […]
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