Everyone has their own idea of the American Dream, and it's different for each person. But, in a recent While there are plenty of reasons why someone might prefer homeownership to renting, the same 1000watt survey shows, that for 63% of Gen Z and millennials, it’s that your place doesn’t feel like “home” unless you own it – maybe you feel the same way.That emotional draw is further emphasized when Continue Reading
Archives for November 2023
Why the Economy Won’t Tank the Housing Market
If you’re worried about a coming recession, you’re not alone. Over the past couple of years, there’s been a lot of recession talk. And many people worry, if we do have one, it would cause the unemployment rate to skyrocket. Some even fear that a spike in unemployment would lead to a rash of As the orange bar in the graph shows, the average unemployment rate dating back to 1948 is 5.7%. The red Continue Reading
Are the Top 3 Housing Market Questions on Your Mind?
When it comes to what’s happening in the This is big news for the housing market. And while the 48% to 52% split may seem close to half and half, the key thing to focus on is that the majority of these experts think we’ve avoided a recession already.Bottom LineThe big takeaway? The data shows there isn’t cause for concern – there are actually more signs of hope. Reach out to a local real estate Continue Reading
Is Wall Street Buying Up All the Homes in America?
If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors, and wondered how they’re impacting the housing market right now. That could leave you asking yourself questions like:How many homes do investors Continue Reading
Why Homeowners Feel Thankful for Their Homes [INFOGRAPHIC]
Some HighlightsHere are three reasons why homeowners feel thankful for their homes. First, it’s a safe place that can give you a greater sense of comfort, safety, and security.Second, it gives you freedom of expression. From the color of the paint to the art on the walls, you can express your style and your personality.Third, it provides a sense of community. Owning your home helps you build Continue Reading
Why Homeowners Are Thankful They Own
Countless people have set out on the exciting journey of homeownership. Ask around and you’ll find the vast majority are thankful they took the leap and bought a home. But why? It’s because of the many emotional and lifestyle benefits that come with being a homeowner.So, if you’re trying to decide if you want to rent or buy a home, here are just a few of the many benefits you could look forward to Continue Reading
Home Prices Still Growing – Just at a More Normal Pace
If you’re feeling a bit muddy on what’s happening with Here’s the latest data for this year from that same source. Just like before, the dark bars are the long-standing trend. The green bars represent what’s happened this year. As you can see, the green bars are beginning to fall in line with what’s normal for the market. That’s a good thing because it’s more sustainable price growth than we’ve Continue Reading
Are There Actually More Homes for Sale Right Now?
If you’re looking to As Lance Lambert, Founder, ResiClub Analytics, explains:“Housing market inventory is so far below pre-pandemic levels that October's big jump is still just a drop in the bucket.”What does that mean for you? Remember, real estate is hyper-local. Partnering with a trusted real estate agent will help you gain a better understanding of the inventory situation in your specific Continue Reading
Is Your House the Top Thing on a Buyer’s Wish List this Holiday Season?
This time every year, homeowners who are planning to move have a decision to make: sell now or wait until after the holidays? Some sellers with homes already on the market may even remove their listing until the new year.But the truth is, many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. As an article from Fortune Builders explains:“ . . . Continue Reading
2024 Housing Market Forecast [INFOGRAPHIC]
Some HighlightsThinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024. And climbing prices help make homeownership a good investment.Plus, home sales are projected to increase in 2024. That’s good news because it means experts are forecasting more activity as people Continue Reading