When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps build long-term wealth over time. Here’s a look at what equity is and…
We’re sitting in an optimal moment in time for homeowners who are ready to sell their houses and make a move this year. Today’s homeowners are, on average, staying in their homes longer than they used to, and this is one factor driving increased homeowner equity. When equity grows, selling a house becomes increasingly desirable. Here’s a breakdown…
If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy. According to the National Association of Realtors (NAR), across the country, inventory of available homes for sale…
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the…
What does record low housing inventory mean for you? Learn how to position yourself in 2021 whether you are a buyer or seller.
2020 was a year to remember for many reasons. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their space and what they need in a home going into 2021. Can anyone say a separate space…
The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) “In 2021, I think rates will…
Selling your home before the market heats up in the spring/summer is just silly, right? Not anymore! This market requires a new set of rules!
A burning question on every homeowners mind has been Does a Recession Create a Housing Crisis? If you own a home today, odds are you recall the housing crisis of 2008. Neighborhoods across the US and yes, even in our little county, were littered with bank owned properties and no buyers in sight. As our…
Think your next move will be because of work? Think again! Remote work is changing the game. Make your next move on your terms.
