93% of Americans Believe a Home Is a Better Investment Than Stocks A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe Continue Reading about 93% of Americans Believe a Home Is a Better Investment Than Stocks
Real Estate
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost Continue Reading about 4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure
What It Means To Be in a Seller’s Market
What It Means To Be in a Seller's Market If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate seller's market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Continue Reading about What It Means To Be in a Seller’s Market
FSBO: Don’t Sell on Your Own Just Because It’s a Sellers’ Market
FSBO: Don’t Sell on Your Own Just Because It’s a Sellers’ Market In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up virtually any house that comes to market. Continue Reading about FSBO: Don’t Sell on Your Own Just Because It’s a Sellers’ Market
Buyer & Seller Perks in Today’s Housing Market
Buyer & Seller Perks in Today’s Housing Market Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the Continue Reading about Buyer & Seller Perks in Today’s Housing Market
Should We Fear the Surge in Cash-Out Refinances?
Should We Fear the Surge in Cash-Out Refinances? Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in Continue Reading about Should We Fear the Surge in Cash-Out Refinances?
Home Renovations: To Renovate or Not To Renovate Before You Sell
Home Renovations: To Renovate or Not To Renovate Before You Sell Are home renovations worth it right now? When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Continue Reading about Home Renovations: To Renovate or Not To Renovate Before You Sell
Another Housing Crash? 6 Simple Graphs Proving This Is Nothing Like Last Time
6 Simple Graphs Proving This Is Nothing Like Last Time Many are asking the question... are we headed for another housing crash? Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year Continue Reading about Another Housing Crash? 6 Simple Graphs Proving This Is Nothing Like Last Time
