To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last year, but Remember to lean on your trusted real estate advisor for the best advice on the updates you should invest in. They’ll know what local buyers are looking for and have the latest Continue Reading
The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]
Wondering What’s Going on with Home Prices?
The recent changes in home prices are top of mind for many as the What Does This Mean for You?If you currently own your house, you may be concerned about even the smallest decline in prices. But keep in mind how much home values grew over the last few years. Compared to that growth, any declines we’re seeing nationally are likely to be minimal. Selma Hepp, Chief Economist at CoreLogic, shares:“. . Continue Reading
Should You Consider Buying a Newly Built Home?
If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale The graph above shows how low the production of newly constructed homes has been over the past 14 years. But it also shows another important trend: the number of new homes being built each year is on the rise. As Mark Fleming, Chief Economist at First American, shares, that’s Continue Reading
Why It’s Easy To Fall in Love with Homeownership
[:en]No matter how the housing market changes, there are some things about The National Association of Realtors (NAR) also explains:“In addition to tangible financial benefits, homeownership brings substantial social benefits for [households], communities, and the country as a whole.”In other words, not only does owning a home build your net worth over time, but it also gives you and your loved Continue Reading
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, you need to understand what closing costs are and how much you should budget for. Continue Reading
How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC]
Why Today’s Housing Market Isn’t Headed for a Crash
This graph also shows just how different things are today compared to the spike in credit availability leading up to the crash. Tighter lending standards have helped prevent a situation that could lead to a wave of foreclosures like the last time.Foreclosure Volume Has Declined a Lot Since the CrashAnother difference is the number of homeowners that were facing foreclosure when the housing bubble Continue Reading
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, this is a great time to do so. Your house would be welcome in a market that has fewer homes for sale than it did in the years leading up to the pandemic. Continue Reading
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 steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse Continue Reading
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