The Difference in Net Worth Between Homeowners and Renters Is Widening
Becoming financially secure is an important goal for many people today, but some dont realize just how muchhomeownershipcan help them achieve that dream. A recent report,The Journey Toward Financial Freedom,surveys Americans about their perspective on financial wellness and their goals.…
If Housing Affordability Is About the Money, Don’t Forget This.
There are manynon-financial benefitsof buying your own home. However, todays headlines seem to be focusing primarily on the financial aspects of homeownership specifically affordability. Many articles are making the claim that its not affordable to buy a home in todays…
Why 2021 Is Still the Year To Sell Your House
If youre trying to decide whether or not tosellyour house, this is the time to think seriously about making a move.FannieMaesrecentHome Purchase Sentiment Index(HPSI) reveals the number of respondents who say its a good time to sell is higher now…
What To Do with Your Vacation Home as Summer Ends
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, its something you may want to consider. According toresearchfrom theNational Association of Realtors(NAR),vacation home sales are up…
What Do Experts Say About Today’s Mortgage Rates?
Mortgage rates are hovering near record lows, and thats good news for todays homebuyers. Thegraphbelow shows mortgage rates dating back to 2016 and where today falls by comparison.Generally speaking, when rates are low, you can afford more home for your…
More Young People Are Buying Homes
Theres a common misconception that younger generations arent interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief.Odeta Kushi, Deputy Chief Economist forFirst American,explainswhy millennials have put…
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in…
What Does Being in a Sellers’ Market Mean Today?
Whether or not youve been following the real estate industry lately, theres a good chance youve heard were in a serious sellers market. But what does that really mean? And why are conditions today so good for people who want…
A Look at Home Price Appreciation and What It Means for Sellers
When you hear the phrasehome price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good…
The Best Use of Time (and Money) When It Comes to Renovations
In the current sellers market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. Thats where a trusted real estate professional comes in. They can help you think through todays market conditions and how…