Real Estate Market Update Savings Strategies Every First-Time Homebuyer Needs To Know If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more.   Here are a few strategies that can help speed up that process.   Budget and Track Your Expenses: To start, […]
Real Estate Market Update More Than a House: The Emotional Benefits of Homeownership With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all.   And while you ultimately need to be able to afford a home you buy, don’t lose sight of why homeownership was […]
Real Estate Market Update How an Agent Helps Market Your House You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help […]
Real Estate Market Update Questions You May Have About Selling Your House There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move. Here are three of the top questions you may be asking – and the data that helps answer them.   1. Should I Wait […]
Real Estate Market Update What’s Next for Home Prices and Mortgage Rates? If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out.   The only thing you can really do is make the best decision you […]
Real Estate Market Update Home Prices Are Climbing in These Top Cities Thinking about buying a home or selling your current one to find a better fit? If so, you might be wondering what’s going on with home prices these days. Here’s the scoop.   The latest national data from Case-Shiller and the Federal Housing Finance Agency (FHFA) shows they’re going up (see graphs below):     As you can see, home prices were rising for most […]
Real Estate Market Update What’s Motivating Your Move? Thinking about selling your house? As you make your decision, consider what’s pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below):     Let’s take a closer look and see if they’re motivating you to make a change […]
Real Estate Market Update What Is Going on with Mortgage Rates? You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.   Economic Factors That Impact Mortgage Rates   When it […]
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Real Estate Market Update EQUITY Can Make Your Move Possible When Affordability Is Tight What Is Equity? Over the years, you gain equity as you pay down your home loan and as home values rise. It can grow faster than you realize.   Americans Are Sitting on Tremendous Equity Over 2/3 of homeowners have either completely paid off their mortgage or have at least 50% equity.   According to […]
Real Estate Market Update What You Really Need To Know About Home Prices According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.   A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the […]
Senior Real Estate Resources The Perks of Downsizing When You Retire If you’ve recently retired or are about to, saving money where you can has a lot of appeal. Downsizing is one way to do that.   To see if it’s the right move for you, ask yourself:  Have my needs changed since I bought my current home? Can I really keep up with the space […]
Real Estate Market Update The Top 5 Reasons You Need a Real Estate Agent when Buying a Home You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. […]
Real Estate Market Update Boomers Moving Will Be More Like a Gentle Tide Than a Tsunami Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know. That phrase refers to the idea that a lot of baby boomers are going to move or downsize all at once. And the fear is that a sudden influx of homes for sale would have […]
Real Estate Market Update 12 Things To Do After Closing On A House | Next Steps 2024 After you finish signing at the closing of your new house, you’re handed the keys and the house is officially yours. But there some things you should do to make sure your transition from your old place to your new address goes as smoothly as possible.   Every area of the country is different, which […]
Real Estate Market Update What Every Homebuyer Should Know About Closing Costs Before making the decision to buy a home, it’s important to plan for all the costs you’ll be responsible for. While you’re busy saving for the down payment, don’t forget you’ll want to prep for closing costs too. Here’s some helpful information on what those costs are and how much you should budget for them.   What Are […]
Real Estate Market Update The Latest National Trends in Housing New Listings   Month-Over-Month Change ⬆️ 15%   While inventory is still low, more people are selling their houses. If you’re looking to buy, this gives you more options for your search.   Home Prices   Month-Over-Month Change ⬆️ 1.5%   But even with that growth, there aren’t enough homes to go around. And that […]
Senior Real Estate Resources The Benefits of Downsizing When You Retire If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.   When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. […]
Real Estate Market Update The Spring Market Is a Sweet Spot if You’re Looking To Sell Wondering if now’s a good time to sell your house? Short answer: it is. Here’s why.   … the number of homes for sale and new listing activity continues to improve compared to last year. However the inventory of homes for sale still has a long journey back to pre-pandemic levels. Realtor.com   Inventory Is […]
Real Estate Market Update Why You Want an Agent’s Advice for Your Move No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about.   Moving is no exception. You need insights from the pros to help you […]
Real Estate Market Update Why Today’s Housing Supply Is a Sweet Spot for Sellers Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.   An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us […]