Buyers

Feb. 14, 2024

2-1 Buydowns Explained: The Key To Housing Affordability

Here’s how 2-1 buydowns can make purchasing a home more affordable.

 

In this housing market, there’s one thing on everyone’s minds: affordability. Ever since interest rates increased, purchasing a home has become much more expensive for most buyers. To make things even worse, we haven’t seen a massive price …

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Posted in Buyers, Expert Advice
Feb. 7, 2024

Why Pre-Approval Is Even More Important This Year

On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024.

What Pre-Approval Is

As part of the homebuying process, your lender will …

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Posted in Buyers
Feb. 2, 2024

2 of the Factors That Impact Mortgage Rates

If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?

The answer is complicated because there’s a lot that can influence …

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Posted in Buyers, Interest Rates
Jan. 16, 2024

Homeownership Is Still at the Heart of the American Dream

Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist at Zillow:

“ …
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Posted in Buyers, Housing Myths
Jan. 16, 2024

The Dramatic Impact of Homeownership on Net Worth

If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision.

Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net …

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Jan. 9, 2024

Ways Your Home Equity Can Help You Reach Your Goals

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this:

. . . your home’s equity is the difference between how …
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Posted in Buyers, Sellers
Jan. 4, 2024

Discover Why Now is the Perfect Time to Buy Your Home

Here are the top three reasons why you should consider buying ASAP.

 

In the ever-evolving landscape of real estate, the decision to buy a home is a significant milestone that requires careful consideration. While the market may seem unpredictable, there are compelling reasons why now might be the ideal …

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Posted in Buyers, Expert Advice
Jan. 4, 2024

Why Pre-Approval Is Your Homebuying Game Changer

If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this …

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Posted in Buyers
Dec. 20, 2023

Expert Quotes on the 2024 Housing Market Forecast

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market in 2024. In 2023, higher mortgage rates, confusion over home price headlines, and a lack of homes for sale created some challenges for buyers and sellers looking …

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Dec. 13, 2023

The Surprising Trend in the Number of Homes Coming onto the Market

If you're thinking about moving, it's important to know what's happening in the housing market. Here's an update on the supply of homes currently for sale. Whether you're buying or selling, the number of homes in your area is something you should pay attention to …

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Posted in Buyers, Sellers