6 Reasons to Celebrate National Homeownership Month Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point in 8 years. As Continue Reading about 6 Reasons to Celebrate National Homeownership Month
Real Estate
How Misunderstandings about Housing Affordability Could Cost You
How Misunderstandings about Housing Affordability Could Cost You There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on housing affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly Continue Reading about How Misunderstandings about Housing Affordability Could Cost You
Home Prices: Buying a Home Is Still Affordable
Buying a Home Is Still Affordable The last year has put emphasis on the importance of one’s home and overall home prices. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors Continue Reading about Home Prices: Buying a Home Is Still Affordable
Where Do Experts Say the Housing Market Is Heading?
Where Do Experts Say the Housing Market Is Heading? As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year. Here’s a look at what some experts have to say about key factors that will drive the industry and the economy forward in the months to come. realtor.com “. . . homes continue to sell quickly in what’s Continue Reading about Where Do Experts Say the Housing Market Is Heading?
3 Things To Prioritize When Selling Your House
3 Things To Prioritize When Selling Your House Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your house. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid Continue Reading about 3 Things To Prioritize When Selling Your House
Don’t Forget to Budget for Closing Costs
Don’t Forget to Budget for Closing Costs When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According to Trulia: “When you close on a Continue Reading about Don’t Forget to Budget for Closing Costs
Experts Say Home Prices Will Continue to Appreciate
Experts Say Home Prices Will Continue to Appreciate It’s clear that consumers are concerned about how quickly home prices and home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the housing market going to crash?” has actually spiked 2450% over the past month. In addition, Jim Continue Reading about Experts Say Home Prices Will Continue to Appreciate
Are Mortgage Rates Expected to Rise Over the Next Year?
Are Mortgage Rates Expected to Rise Over the Next Year? So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have to Continue Reading about Are Mortgage Rates Expected to Rise Over the Next Year?