Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices. In such a hot market, houses are selling quickly. According to […]
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher […]
As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. Know Your Budget Knowing your budget and what you can afford […]
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is […]
There have been a lot of headlines reporting on how homeowner equity (the difference between the current market value of your home and the amount you owe on your mortgage) has dramatically increased over the past few years. CoreLogic indicated that equity increased for the average homeowner by $17,000 in the last year alone. ATTOM […]
If you’re thinking about buying or selling a home today, the same need for information is very real. But, because it’s such a big step in our lives, that desire for clear information is even greater in the home buying or selling process. Given the current level of overall anxiety, we want that advice to […]
If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing a home this year, all of these inflationary concerns are likely making you wonder if you should wait to buy. Investopedia explains that during […]
Chess can teach you valuable lessons that can apply to other parts of your life, including the homebuying process. From the very beginning of the game, chess asks you to prepare and think about your strategy. Like chess, the home-buying process needs strategy and forethought. Here are a few things to keep in mind when […]
If you’re single and want to purchase a home, know that with careful planning and the help of the right team of professionals, you can make your dream a reality. Research from Freddie Mac shows that 28% of all households (36.1 million) are headed by a single individual, and this percentage is rising. The number […]
If you’re purchasing a home, mortgage rates are one of the numerous factors that influence how much you can afford. When interest rates are low, you may obtain a lot more house for your money. Mortgage rates have dropped to an all-time low in the last year, and they’ve remained there for the past year. […]