Home Buyers Why Pre-Approval Is Even More Important This Year February 7, 2024 For BuyersFirst Time Home BuyersBuying Myths On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024. What Pre-Approval Is As part of the homebuying process, your lender will look at […]
Home Owners Don’t Wait Until Spring To Sell Your House Thursday February 1st, 2024For Sellers, Interest Rates As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower […]
Market Information There’s No Foreclosure Wave in Sight [INFOGRAPHIC]   Some Highlights Headlines saying foreclosures are rising might make you feel uneasy. But the truth is, there’s no need to worry. If you look at the latest numbers, they’re still below pre-pandemic norms and way below what happened during the crash. If you’re worried about a flood of foreclosures, the data shows a foreclosure crisis is not where the market […]
Market Information 2 of the Factors That Impact Mortgage Rates January 30, 2024 For BuyersInterest Rates If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because there’s a lot that can influence mortgage […]
Market Information Will a Silver Tsunami Change the 2024 Housing Market? Monday January 29th, 2024Housing Market Updates, Demographics Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market. What Does Silver Tsunami Mean? A recent […]
Home Buyers The Top Benefits of Buying a Multi-Generational Home Thursday January 25th, 2024For Buyers, First Time Home Buyers, Move-Up Buyers, Buying Myths Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the […]
Home Owners Are More Homeowners Selling as Mortgage Rates Come Down? January 24, 2024 For BuyersMove-Up BuyersHousing Market UpdatesBuying Myths If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the […]
Market Information Experts Project Home Prices Will Increase in 2024 Tuesday January 23rd, 2024For Buyers, Pricing, First Time Home Buyers, Housing Market Updates Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four […]
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Uncategorized Gallup Real Estate Today January 2024!
Uncategorized Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]
Market Information 3 Key Factors Affecting Home Affordability January 18, 2024 For BuyersPricingMove-Up BuyersBuying Myths Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able […]
Home Owners 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers For SellersHousing Market UpdatesSelling Myths If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph […]
Home Buyers Homeownership Is Still at the Heart of the American Dream Monday January 15th, 2024For Buyers, First Time Home Buyers, Move-Up Buyers, Buying Myths Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist […]
Market Information The Dramatic Impact of Homeownership on Net Worth January 11, 2024 For BuyersFirst Time Home BuyersBuying MythsRent vs. Buy If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for […]
Uncategorized Avoid These Common Mistakes After Applying for a Mortgage January 10, 2024 For BuyersFirst Time Home BuyersMove-Up BuyersBuying Myths If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply […]
Home Owners Ways Your Home Equity Can Help You Reach Your Goals January 9, 2024 For BuyersFor SellersMove-Up Buyers If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your […]
Home Buyers What Lower Mortgage Rates Mean For Your Purchasing Power What Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph […]
Home Buyers Need $15,000 of Down Payment Assistance?
Home Buyers Why Pre-Approval Is Your Homebuying Game Changer January 4, 2024 For BuyersFirst Time Home BuyersMove-Up BuyersBuying Myths If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a […]
Market Information Boost Your Net Worth- Renting Vs. Buying