Is Housing Affordability Less Now Than in Past Decades? There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? What happens if we go all the way back Continue Reading about Is Housing Affordability Less Now Than in Past Decades?
Home Buying
Looking for a Place To Call Home? Consider a Condominium.
Looking for a Place To Call Home? Consider a Condominium. It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option. In fact, trends indicate condos are gaining Continue Reading about Looking for a Place To Call Home? Consider a Condominium.
The Community and Economic Impacts of a Home Sale
The Community and Economic Impacts of a Home Sale If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purchases and sales are significant drivers of economic activity. They have a major impact on your community and the Continue Reading about The Community and Economic Impacts of a Home Sale
Surprising Shift: Buyers Now Prefer Existing Homes
Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they'd prefer new construction to an existing home.” However, it seems buyers are now Continue Reading about Surprising Shift: Buyers Now Prefer Existing Homes
With Rents on the Rise – Is Now the Time To Buy?
With Rents on the Rise – Is Now the Time To Buy? According to recent data from realtor.com, median rent prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are Continue Reading about With Rents on the Rise – Is Now the Time To Buy?
Key Questions To Ask Yourself Before Buying a Home
Key Questions To Ask Yourself Before Buying a Home Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy a home, you should know Continue Reading about Key Questions To Ask Yourself Before Buying a Home
Buying a Home- Waiting Could Cost You
Buying a Home- Waiting Could Cost You [INFOGRAPHIC] Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again.The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price Continue Reading about Buying a Home- Waiting Could Cost You
Home Sellers: There Is an Extra Way To Welcome Home Our Veterans
Home Sellers: There Is an Extra Way To Welcome Home Our Veterans Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in Continue Reading about Home Sellers: There Is an Extra Way To Welcome Home Our Veterans
