Home Buyers

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The Two Big Issues the Housing Market’s Facing Right Now

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these two big issues in today’s housing […]
Hire A Professional, Home Buyers, Money Talk, Selling Your Home

Wondering What’s Going on with Home Prices?

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary by market. But looking at national data, Nataliya Polkovnichenko, Ph.D., […]
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Why It’s Easy To Fall in Love with Homeownership

Why It’s Easy To Fall in Love with Homeownership No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s […]
Home Buyers, Money Talk

What You Should Know About Closing Costs

What You Should Know About Closing Costs Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, […]

Hire A Professional The Two Big Issues the Housing Market’s Facing Right Now The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these two big issues in today’s housing […]

Hire A Professional Wondering What’s Going on with Home Prices? The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary by market. But looking at national data, Nataliya Polkovnichenko, Ph.D., […]

Hire A Professional Why It’s Easy To Fall in Love with Homeownership Why It’s Easy To Fall in Love with Homeownership No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s […]

Home Buyers What You Should Know About Closing Costs What You Should Know About Closing Costs Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, […]

Hire A Professional How To Win as a Buyer in Today’s Housing Market How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC] Some Highlights In today’s housing market, you can still be the champion if you have the right team and strategy. To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd. […]

Hire A Professional Why Today’s Housing Market Isn’t Headed for a Crash Why Today’s Housing Market Isn’t Headed for a Crash 67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is […]

Hire A Professional Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years Number of Homes for Sale Up from Last Year, but Below Pre-Pandemic Years The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, […]

Hire A Professional How Experts Can Help Close the Gap in Today’s Homeownership Rate How Experts Can Help Close the Gap in Today’s Homeownership Rate As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a […]

Hire A Professional You May Not Need as Much as You Think for Your Down Payment You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to […]

Hire A Professional Experts Forecast a Turnaround in the Housing Market in 2023 Experts Forecast a Turnaround in the Housing Market in 2023 The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. Home price appreciation is slowing from the […]

Home Buyers Lower Mortgage Rates Are Bringing Buyers Back to the Market Lower Mortgage Rates Are Bringing Buyers Back to the Market As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come […]

Hire A Professional Where Will You Go If You Sell? You Have Options. Where Will You Go If You Sell? You Have Options. There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next. In today’s market, it makes sense to explore all your options. That includes both homes that have […]

Home Buyers Homeownership Builds Your Wealth over Time Homeownership Builds Your Wealth over Time [INFOGRAPHIC] Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Let’s connect so you can start your homebuying journey […]

Hire A Professional Why You Shouldn’t Fear Today’s Foreclosure Headlines Why You Shouldn’t Fear Today’s Foreclosure Headlines If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, […]

Home Buyers The 3 Factors That Affect Home Affordability The 3 Factors That Affect Home Affordability If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly […]

Hire A Professional What’s Really Happening with Home Prices? What’s Really Happening with Home Prices? [INFOGRAPHIC] Some Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to […]

Hire A Professional Pre-Approval in 2023: What You Need To Know Pre-Approval in 2023: What You Need To Know One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take […]

Hire A Professional Have Home Values Hit Bottom? Have Home Values Hit Bottom? Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. One of the questions that’s […]

Home Buyers Think Twice Before Waiting for 3% Mortgage Rates Think Twice Before Waiting for 3% Mortgage Rates Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to […]

Hire A Professional What Past Recessions Tell Us About the Housing Market What Past Recessions Tell Us About the Housing Market It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and […]