Blog
1st Time Home Buyer-Surprising Benefits of Home Ownership #buildwealth #homeownership #homebuyers
In this video, Dennis shares 4 surprising Benefits of Home Ownership for first time home buyers.
10-Year Real Estate Plan: Build Wealth & Financial Freedom #shorts
Unlock wealth and financial freedom with this 10-year real estate roadmap. Years 1-3: buy smart, prioritize cash flow, and explore options like duplexes to minimize mortgage costs. #RealEstate #WealthBuilding #FinancialFreedom #InvestingTips
9 Real Estate Tax Breaks to Build Wealth Now!
Unlock real estate wealth! 9 tax benefits of home ownership, from mortgage interest to energy credits, can significantly lower your tax bill. Discover how real estate builds wealth. Consult a tax pro. #RealEstate #TaxBreaks #HomeOwnership #WealthBuilding #TaxTips
8 Real Estate Tools to Maximize Your Wealth Today!
Minimize real estate expenses to maximize wealth! Dennis Wells shares 8 tools, from budgeting apps to maintenance schedulers, to help you manage your property and avoid costly neglect. Don’t let your dollars sneak off! #RealEstate #ExpenseManagement #WealthBuilding #PropertyManagement #FinancialTools
7 Financial Mistakes Homeowners Make (And How to Avoid Them)
Avoid these 7 costly financial mistakes! From ignoring home equity to misusing HELOCs, protect your wealth and accelerate your path to financial freedom. Smart moves build wealth, not just homeownership. #HomeownerMistakes #FinancialPlanning #RealEstate #WealthBuilding #HELOC #PropertyTaxes
6 Signs You’re Ready to Buy a Home in the New Year! #shorts
Thinking of buying a home? Steady income, rent fatigue, emergency fund—these are key. Is your local market stable? Got a long-term mindset? Are you open to coaching? #HomeBuying #RealEstate #FinancialFreedom #MortgageTips
5 Steps to Home Ownership with High Debt #shorts
High debt doesn’t have to block homeownership! Run a debt-to-income check, consolidate, explore down payment grants, and choose a lender skilled in debt management. Get pre-approved and start building wealth through real estate. #HomeOwnership #DebtManagement #RealEstate #MortgageTips
Debt Consolidation: 3 Crucial Questions to Ask
Thinking about debt consolidation? Before you refinance, consider these 3 key questions: total annual interest, blended interest rate, and what you’ll do with the extra cash flow. Discover if it’s the right move for you. #DebtConsolidation #FinancialPlanning #MoneyManagement #SmartFinance
4 Real Estate Investment Types to Grow Your Wealth #shorts
The 12 Days of Building Wealth Through Home Ownership – Day 1
In this series, “The 12 Days of Educating First-Time Home Buyers on Creating Wealth through Home Ownership,” I will be educating first-time home buyers with different strategies around maximizing. From renting to buying, to managing debt, and saving, there is something for everyone here!
Look out! Can you Afford…
On November 9, President Donald Trump took to Truth Social and shared an idea around the subject of home affordability – the 50 year mortgage.
While this has been walked back a bit by Bill Pulte, the head of the Federal Home Financing Agency (tasked with overseeing Freddy Mac and Fanny Mae), as one of many options that are being discussed to help more people have access to affordable housing, social media has erupted with people talking about this potential home financing option.
Is a 50 year mortgage the answer to home affordability? What are some of the positive and negative ramifications of a mortgage with a 50 year maturity?
Positives:
Rent is 100% Interest
Rent continues to increase yearly
Principal and Interest payment is Fixed
Amortization Gain (as opposed to an Interest Only Option)
Negatives:
Minimal principal repayment early in the loan
Amortization gain is stunted
Effective payment is higher than a 30 year mortgage
Break Even point is extended
Increased Affordability = Increased Home Prices
Financial Security/Freedom Delayed
Payment vs. Wealth Focused
Temptation to a higher purchase price and payment that will keep a Client from achieving other financial goals.
In this video, and the presentation attached, I will combine my expertise on debt management and on helping my clients integrate ownership of Real Estate with what their long and short-term financial goals are so that we can create financial security that most people cannot even imagine.
Weekend Update 8-16-25
How to Share Your Buyer Vision Summary
After you create an account in our Manifest with Us app, follow these steps to create your Buyer Vision report and share it with me. This will allow us to create a custom home buying plan that reflects your dreams and fits your unique situation.
The Impact of Seller Concessions on Refinancing and Investment Properties in Northwest Indiana
Refinancing or investing in real estate in areas like Lake County or Crown Point often involves balancing costs with long-term gains. One underutilized strategy? Negotiating seller concessions to minimize upfront expenses and enhance affordability. At Wells Funding...
How to Negotiate Seller Concessions for Maximum Affordability in Your Indiana Home Purchase
Buying a home in Northwest Indiana can feel overwhelming, especially with fluctuating interest rates and competitive markets in areas like Lake County and Crown Point. But what if you could reduce your out-of-pocket expenses by thousands without compromising on your...
Real-Life House Hacking Success Stories: How Young Adults in Lake County Are Building Wealth
The journey to homeownership can feel daunting for young adults, especially with economic pressures like inflation and competitive markets in Northwest Indiana. Yet, many are thriving through house hacking—turning properties into income sources while enjoying the...
House Hacking Strategies for Young Adults: Unlocking Affordable Homeownership in Northwest Indiana
In today's fast-paced real estate market, young adults in Northwest Indiana face skyrocketing rents, student debt, and the dream of homeownership that often feels just out of reach. But what if you could turn your home into a wealth-building machine while slashing...
Trends Shaping Next Generation Home Buying in Northwest Indiana: Insights for Millennials and Gen Z
As we move through 2025, the home buying landscape for millennials and Gen Z is evolving rapidly. With 95% of this demographic aspiring to own a home, trends like co-buying, tech integration, and flexible financing are opening doors. At Wells Funding Group in Crown...
Connecting with the Next Generation: How Millennials and Gen Z Can Achieve Homeownership in 2025
The dream of homeownership remains strong among millennials and Gen Z, with 95% of individuals aged 18-44 expressing a desire to buy a house. Yet, many feel it's out of reach due to soaring home prices, student debt, and economic uncertainty. At Wells Funding Group,...
Connecting with the Next Generation Home Buyer
95% of Millennials and Gen-Z’s (aged 18-44) desire to purchase a house. Many, however, feel that home buying is out of reach for them and others in their generation. In this video, Dennis stares a system and a strategy that provides financial education to empower the NextGen buyer, as well as, ways for the Real Estate Professional to serve as a guide to help their clients move from the point of though, through the point of sale, and become clients for life.
What every client should expect from a professional mortgage lender.
You are making the biggest purchase of your life and signing up for the greatest debt you have ever incurred. Would you agree that you deserve empowering education, transparent options, and clear guidance?
How to Fill Your Pipeline with NextGen Home Buyers
Unlock Generational Wealth: The Mortgage Planning Advantage
Discover how working with a certified mortgage planning specialist can transform your financial future. We will guide you through effective financing strategies aligned with your goals, ensuring you’re informed and empowered to make impactful real estate decisions. Your journey to wealth starts here! #MortgagePlanning #GenerationalWealth #FinancialGoals #RealEstateInvesting #DebtManagement #Consultation #FinanceTips #WealthBuilding #HomeBuying #Empowerment
How Indiana’s New Tax Credit for Homebuyers Boosts Crown Point’s Market in 2025
Indiana’s housing market is getting a boost in 2025 with a new state initiative designed to make homeownership more affordable. House Bill 1035, effective July 1, 2025, introduces a state income tax credit of up to $2,500 for first-time homebuyers purchasing a primary...
Manifest With Us Overview
Introduction to the Manifest with Us app. Become a successful homeowner and create generational wealth.
Buy Your Dream Home FIRST! Mortgage Options Revealed
Dennis Wells, mortgage expert, shares how you can buy your next house BEFORE selling your current one! We provide multiple options to make your offer competitive and stress-free. Call 219-230-8400 for options! #MortgageTips #HomeBuying #RealEstate #SellYourHome #BuyFirst #MortgageOptions #DennisWells #WellsFundingGroup #HomeFinance #RealEstateTips
Real Estate App: Get Clients for Life!
Discover the Manifest With Us app! We help realtors create lifelong clients. Credit monitoring, down payment saving, budgeting, mortgage readiness, and property search all in one app! Stop losing clients to Zillow, Realtor.com, and Redfin. #realestate #realestateapp #leadgeneration #mortgage #realestateagent #realestatemarketing #newapp #downpayment #creditscore #propertysearch
Refinance Loan: Unlock Cash Flow for Client Investments!
We helped a client refinance, paying off high-interest debt and creating $794 monthly cash flow. We explored options like principal reduction (saving 18 years!) or a 529 plan for college. We help clients build wealth through smart real estate moves. #RefinanceTips #CashFlow #InvestmentStrategy #FinancialPlanning #WealthBuilding #RealEstateInvesting #DebtFree #MortgageTips #529Plan #ClientSuccess
Navigating the Spring Housing Market: Tips for First-Time Homebuyers
Spring is one of the busiest times for real estate—and if you're a first-time homebuyer, you're stepping into a fast-moving, competitive market. Working with an experienced mortgage broker in Chesterton, IN, like Wells Funding Group, can make all the difference in...
Real Estate Leads: Convert Prospects into Clients (Free Tool)
As real estate professionals, we know many leads aren’t ready to buy. Discover a free tool and strategy to stay top of mind, build trust, and create clients for life with potential home buyers. DM ‘manifest’! #realestateleads #realestatemarketing #leadgeneration #realestatetips #homebuyers #newhomeowners #financialeducation #realestateagent #mortgage #realestateinvesting
Best Questions to Ask Your Mortgage Lender!
Most mortgage lenders focus on selling debt. We help you create wealth through real estate by aligning financing with your financial goals. Ask these key questions to potential lenders for smart decisions and long-term impact. Follow our channel for more finance tips! #MortgageTips #HomeFinance #RealEstateWealth #SmartBorrowing #FinancialPlanning #MortgageQuestions #HomeBuying #InvestmentStrategy #DebtManagement #WealthCreation
Dream Home Open House: Financing & Wealth-Building Strategies
Thank you for visiting our open house! We shared financing options and our free ManifestWithUs app to track credit, manage budgets, and build equity. Our goal is to help you create generational wealth through real estate! #OpenHouse #RealEstate #Homeownership #FinancingOptions #WealthBuilding #InvestmentProperty #ManifestWithUs #CreditScore #Equity #DreamHome
Effortless Business Success: How Systems Ensure Resilience and Smooth Operations
Unleash Your Potential: Constantly Learning for Success in Your Field!
Win the House: Overcome 4 Contingencies to Buy
Discover strategies to overcome home sale, financing, inspection, & appraisal contingencies. Increase your offer’s competitiveness & chances of success. Download our free homeownership app at www.manifesthomeownership.com to become a successful homeowner. #HomeBuyingTips #RealEstateAdvice #ContingencyStrategies #WinningOffer #HomeOwnership #RealEstateInvesting #FirstTimeHomeBuyer #MortgageTips #HomeInspection #AppraisalProcess
How Inflation makes your House More Affordable
When you have a fixed rate mortgage, your principal and interest payment stays the same over the life of the loan. Due to inflation, the cost of living increases every year, so most people get a raise every year to make up for that. As a result, the gap between your income and the house payment gets larger over time, making your house payment more affordable. Want yo chart your own journey? Download the free app at www.ManifestHomeOwnership.com.
You Might want to buy if you are paying rent
Renting may seem like a lower commitment than buying, but you could be missing out on tens of thousands of dollars in generational wealth by renting too long. To start your home buying journey, you can download my free home ownership app at www.ManifestHomeOwnership.com.
Is it a Good Time To Buy A House?
Ultimately, the time to buy a house depends on several factor unique to the individual. However, in this video, I share five signs that buying a house might be a great fit for you and your unique situation. Of course, I invite you to download my free home ownership app at www.ManifestHomeOWnership.com.
Weekly Financial Market Update for April 11, 2025
Where are mortgage interest rates today and where is the market heading? IS not a good time to buy a house? Information for investors and first time home buyers!
The Essential Guide to Finding the Right Mortgage Broker in Chesterton, IN
Why Choosing the Right Mortgage Broker is Crucial for Homebuyers in Chesterton, IN Securing a mortgage is a pivotal decision, and the right mortgage broker ensures the best rates, terms, and service. In Chesterton, IN, with its unique market, a broker can make...
Why use a Certified Mortgage Planning Specialist
Why you should consider more than simply the rate, the payment, and the cash to close on a home loan.
Unlock Your Potential,, a conversation with Sally Swick
Dennis interviews Sally Swick. Sally is a life coach who has a passion to see people grow and develop.
Mediation as an Option in Divorce. An interview with Matt Carroll, mediator with Keystone Mediation
In this interview, Dennis interviews Matt Carroll and they discuss how he helps people divorce without litigation.
Maximize Wealth and Minimize Taxes with Mark Machnic, CPA
Dennis and Mark discuss business and personal tax strategies to empower people to grow wealth and shield wealth from taxes utilizing a professional CPA.
Financial Market Update 11/8/24
What You Need to Know Before Choosing a Mortgage Lender
Buying a home is one of the biggest financial decisions you'll ever make, and finding the right mortgage lender is crucial to ensuring a smooth experience. With so many options available, it can feel overwhelming to know where to start. Let’s break down what to...
Powerful Job Market Fuels Homebuyer Demand
The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger.One way we know there are interested buyers right now is because showing traffic...
What You Need To Know About Home Price News
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will...
The Worst Home Price Declines Are Behind Us
If you’re following the news today, you may feel a bit unsure about what’s happening with home prices and fear whether or not the worst is yet to come. That’s because today’s headlines are painting an unnecessarily negative picture. Contrary to those headlines, home...
Homeowners Have Incredible Equity To Leverage Right Now
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The...
The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
The Worst of the Home Price Declines Is Behind Us [INFOGRAPHIC]
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold...
The Best Time To Sell Your House Is When Others Aren’t Selling
If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.Looking back at every April since 2017, the only year when...
The Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to...
Why Today’s Housing Market Is Not About To Crash
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up.But the...
It May Be Time To Consider a Newly Built Home
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t...
Reasons To Sell Your House Today [INFOGRAPHIC]
Some Highlights Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now. Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the...
How Homeowners Win When They Downsize
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their...
Buyer Activity Is Up Despite Higher Mortgage Rates
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed.Data from the latest ShowingTime Showing Index, which is...
A Recession Doesn’t Equal a Housing Crisis
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession,...
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been...
Ways To Overcome Affordability Challenges in Today’s Housing Market
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down...
Why Today’s Foreclosure Numbers Are Nothing Like 2008
You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know...
The Three Factors Affecting Home Affordability Today
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just...
What Are the Experts Saying About the Spring Housing Market?
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is...
The Power of Pre-Approval
If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to...
Why You May Want an Energy-Efficient Home [INFOGRAPHIC]
Some Highlights Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search. If you’re looking to buy a...
What’s the Difference Between a Home Inspection and an Appraisal?
If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the...
Falling out of Love with Your House? It May Be Time To Move.
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.According to the latest Home Buyers...
5 Reasons Millennials Are Buying Homes
In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why?...
Think Twice Before Waiting for Lower Home Prices
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media...
Home Inspections for Sellers: What You Need To Know [INFOGRAPHIC]
1. What is a Home Inspection? A home inspection is an evaluation conducted by a professional to assess the condition of a home. While buyers typically request it, sellers can also opt for a pre-listing inspection to understand the state of their property before...
Want To Sell Your House This Spring? Price It Right.
Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re thinking of selling your house this spring, it’s...
Your Tax Refund Can Help You Achieve Your Homebuying Goals
Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses.SmartAsset...
The Big Advantage If You Sell This Spring
Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares:“. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory....
Homebuyer Activity Shows Signs of Warming Up for Spring
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest:“Spring is officially here, and like green...
The Key Advantage of Investing in a Home [INFOGRAPHIC]
Investing in a home is one of the most significant financial decisions most people will make in their lifetime. While the initial costs can seem daunting, the long-term benefits often far outweigh the short-term challenges. This infographic highlights the key...
Trying To Buy a Home? Hang in There.
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that...
Why Aren’t Home Prices Crashing?
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to...
Two Reasons You Should Sell Your House
Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons...
How Changing Mortgage Rates Can Affect You
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below...
Facts About Closing Costs [INFOGRAPHIC]
Closing costs are an essential part of the home-buying process, but many buyers and sellers may not fully understand what they entail. This infographic breaks down the most important facts about closing costs, helping you prepare for the final step in the home-buying...
We’re in a Sellers’ Market. What Does That Mean?
Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house?It starts...
4 Key Tips for Selling Your House This Spring
Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without...
How Homeownership Is Life Changing for Many Women
Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.Why...
Get Ready: The Best Time To List Your House Is Almost Here
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the...
Have You Thought About Why You Might Want To Sell Your House?
Selling your home is a big decision and it’s important to understand the reasons why now might be the right time to make a move. Whether you're upsizing, downsizing, relocating for work, or seeking a change in lifestyle, there are many reasons why selling your house...
Why Buying a Home Is a Sound Decision
If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home...
Reasons To Consider Condos in Your Home Search
Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate:“A condo can be a more affordable entry point to homeownership than a...
The Role of Access in Selling Your House
Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why.At the height of the buying...
What’s Ahead for Home Prices in 2023
Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or...
Here’s Why the Housing Market Isn’t Going To Crash [INFOGRAPHIC]
The housing market has seen significant shifts recently, but experts agree that a crash like the one seen in 2008 is unlikely. This infographic highlights key factors that suggest the housing market is not on the brink of a crash and why now might still be a good time...
What Buyer Activity Tells Us About the Housing Market
Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News:“Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely...
Balancing Your Wants and Needs as a Homebuyer This Spring
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the...
An Expert Gives You Clarity in Today’s Housing Market
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process.A real estate expert uses their knowledge of what’s really happening with home prices, housing...
Leverage Your Equity When You Sell Your House
One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate...
Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
Is Buying a Home Better Than Renting? If you’re currently renting, you might be wondering if now is the right time to make the leap into homeownership. While the decision to buy a home depends on your personal situation, there are many reasons why buying could make...
4 Tips for Making Your Best Offer on a Home
Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer.1. Lean on a Real...
2 Things Sellers Need To Know This Spring
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.1. Houses That Are Priced Right Are...
Could a Multigenerational Home Be the Right Fit for You?
During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at...
Is It Really Better To Rent Than To Own a Home Right Now?
You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on.A lot of the time, these reports are assuming things...
Where Will You Go After You Sell Your House? [INFOGRAPHIC]
Some Highlights If you’re thinking of selling your house, be sure to explore all the options you have for your next home. Both newly built homes and existing homes offer plenty of unique benefits. If you have questions about the options in our area, let’s discuss...
Equity Gains for Today’s Homeowners
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market...
An Expert Makes All the Difference When You Sell Your House
If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale.1. They’re Experts on...
What You Should Know About Rising Mortgage Rates
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to...
One Major Benefit of Investing in a Home
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:“Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create...
Checklist for Selling Your House This Spring [INFOGRAPHIC]
Some Highlights As you get ready to sell your house, there are specific things you can add to your to-do list. These include decluttering, taking down personal photos and items, and power washing outdoor surfaces. Let’s connect so you have advice on what you may want...
How To Make Your Dream of Homeownership a Reality
According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is...
A Smaller Home Could Be Your Best Option
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research...
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...
Spring into Action: Boost Your Home’s Curb Appeal with Expert Guidance
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 inventory is still historically low. So, if a house...
The Spring Housing Market Could Be a Sweet Spot for Sellers
Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a...
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...
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 today, it makes sense to consider all your options, and that includes a home that’s newly built.The Number of Newly Built Homes Is on the RiseWhile...
[:en]Why It’s Easy To Fall in Love with Homeownership[:]
[:en]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...
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...
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. Let’s connect...
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...
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...
You May Not Need as Much as You Think for Your Down Payment
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...
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...
Should You Rent Your House or Sell It?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained...
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...
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...
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...
Why It Makes Sense To Move Before Spring
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...
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...
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,...
Want To Sell Your House? Price It Right.
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains:“. . . some of...
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...
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...
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...
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...
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...
Key Terms To Know When Buying a Home [INFOGRAPHIC]
Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...
Is It Time To Sell Your Second Home?
During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home...
Today’s Housing Market Is Nothing Like 15 Years Ago
There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there...
The Truth About Negative Home Equity Headlines
Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the...
What Experts Are Saying About the 2023 Housing Market
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty and higher mortgage rates reduced buyer demand, slowed the pace...
[:en]Your Market Knowledge Will Determine Your Success in 2023
[:en] In 2023, the key to thriving in any real estate market—whether you're buying or selling—will be your understanding of the market dynamics. The real estate market is constantly evolving, and staying informed about the latest trends, prices, and shifts in supply...
Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]
Some Highlights If you’re planning to buy a home in 2023, here are a few things to focus on. Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get pre-approved, create a list of desired features, and...
3 Best Practices for Selling Your House This Year
A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some...
Avoid the Rental Trap in 2023
If you’re a renter, you likely face an important decision every year: renew your current lease, start a new one, or buy a home. This year is no different. But before you dive too deeply into your options, it helps to understand the true costs of renting moving...
What Are Your Goals in the Housing Market This Year?
If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation...
Here’s to a Wonderful 2023!
As we step into the new year, it’s a fresh opportunity to set new intentions, embrace challenges, and celebrate growth. 2023 offers a chance for new beginnings, whether it’s pursuing personal dreams, making strides in our careers, or fostering deeper connections with...
Planning To Sell Your House? It’s Critical To Hire a Pro.
With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure...
Applying For a Mortgage? Here’s What You Should Avoid Once You Do.
While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan....
Confused About What’s Going on in the Housing Market? Lean on a Professional.
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate...
Financial Fundamentals for First-Time Homebuyers
Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. Build Your...
What Makes a House a Home?
There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home...
What To Expect From the Housing Market in 2023
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more...
Homeowners Still Have Positive Equity Gains over the Past 12 Months
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan....
Mortgage Rates Are Dropping. What Does That Mean for You?
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist...
2023 Housing Market Forecast [INFOGRAPHIC]
Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing...
Planning to Retire? It Could Be Time To Make a Move.
If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move...
You May Have More Negotiation Power When You Buy a Home Today
Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors...
Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.
At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the...
What Every Seller Should Know About Home Prices
If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home...
Reasons To Sell Your House This Season [INFOGRAPHIC]
Some Highlights If you’re planning to make a move but aren’t sure if now’s the right time, here are a few reasons why you shouldn’t wait to sell your house. The supply of homes for sale, while growing, is still low today. Plus, serious buyers are out looking right...
Homeownership Is an Investment in Your Future
There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association...
Key Advantages of Buying a Home Today
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought...
What’s Going on with Home Prices? Ask a Professional.
If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price...
Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market
There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to...
Winter Home Selling Checklist [INFOGRAPHIC]
Some Highlights As you get ready to sell your house, focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. This list will help you get started, but don’t forget, a real estate professional will provide other helpful tips based on your...
What You Want To Know If You’re Pursuing Your Dream of Homeownership
If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022...
Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market
With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early...
3 Ways You Can Use Your Home Equity
If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity...
Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays
Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The...
Home Sweet Home: The Emotional Benefits of Homeownership
Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your...
What Buyers Need To Know About the Inventory of Homes Available for Sale
If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market. If this sounds like you, here’s one key factor that could help you...
What Homeowners Want To Know About Selling in Today’s Market
If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed...
Mortgage Rates Will Come Down, It’s Just a Matter of Time
This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate...
Should You Update Your House Before You Sell? Ask a Real Estate Professional.
Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge...
More People Are Finding the Benefits of Multigenerational Households Today
If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of...
Top Questions About Selling Your Home This Winter
There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer them – so...
Why It May Be Time To Add Newly Built Homes to Your Search
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options...
Home Equity: A Source of Strength for Homeowners Today
Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending...
VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC]
Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house....
VA Loans Can Help Veterans Achieve Their Dream of Homeownership
For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should...
What’s Ahead for Mortgage Rates and Home Prices?
Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so...
The Majority of Americans Still View Homeownership as the American Dream
Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons...
Key Factors Affecting Home Affordability Today
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s...
Homeownership Wins Over Time [INFOGRAPHIC]
Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership. As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2%...
Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.
It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way...
Sell Your House Before the Holidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no...
3 Trends That Are Good News for Today’s Homebuyers
While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...
Taking the Fear out of Saving for a Home
If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted real...
Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]
Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and...
Millennials Are Still a Driving Force of Today’s Buyer Demand
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed...
3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...
What Happens to Housing when There’s a Recession?
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be...
Pre-Approval Is a Critical First Step on Your Homebuying Journey
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s...
3 Questions You May Be Asking About Selling Your House Today
Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next...
What’s Ahead for Home Prices?
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling...
Should You Still Buy a Home with the Latest News About Inflation?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling...
The Latest on Supply and Demand in Housing
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the...
The Emotional and Non-financial Benefits of Homeownership
With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that...
Tips For First-Time Homebuyers [INFOGRAPHIC]
Some Highlights If you’re trying to buy your first home in today’s housing market, you’ll want to know what you can do as mortgage rates rise and inventory stays low overall. Connect with a lender to get pre-approved, prioritize your wish list, consider condos, and...
Perspective Matters When Selling Your House Today
Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market...
Four Things That Help Determine Your Mortgage Rate
If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If...
What Are Experts Saying About the Fall Housing Market?
The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the...
Saving for a Down Payment? Here’s What You Should Know.
As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally...
The Journey To Buy a Home [INFOGRAPHIC]
Some Highlights When you head out to buy a home, there are a number of key milestones you’ll encounter along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. Your...
Two Questions Every Homebuyer Should Ask Themselves Right Now
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is...
The Long-Term Benefit of Homeownership
Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term...
The Cost of Waiting for Mortgage Rates To Go Down
Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans....
How To Prep Your House for Sale This Fall
Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house...
Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge...
If You’re Thinking of Selling Your House This Fall, Hire a Pro
Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts...
Why You Should Consider Condos as Part of Your Home Search
The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to...
How an Expert Can Help You Understand Inflation & Mortgage Rates
If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average...
The True Strength of Homeowners Today
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country?...
Fall Home Selling Checklist [INFOGRAPHIC]
Some Highlights When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s...
What Experts Say Will Happen with Home Prices Next Year
Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would...
Top Reasons Homeowners Are Selling Their Houses Right Now
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your...
Watching the Stock Market? Check the Value of Your Home for Good News.
While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising...
Will My House Still Sell in Today’s Market?
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years....
A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]
Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your...
Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to...
Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?
The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things...
Three Things Buyers Can Do in Today’s Housing Market
It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose...
Why It’s So Important To Hire a Pro [INFOGRAPHIC]
Some Highlights If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights. The right advisor utilizes the latest technology and can help you navigate today’s home...
Should I Sell My House This Year?
There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your...
Expert Forecasts on Mortgage Rates
If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your...
How Owning a Home Builds Your Net Worth
Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is...
Here’s Why It’s Still a Sellers’ Market [INFOGRAPHIC]
Some Highlights While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average...
New Homes May Have the Incentives You’re Looking for Today
According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and...
Buyers: You May Face Less Competition as Bidding Wars Ease
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it...
What’s Actually Happening with Home Prices Today?
One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more...
A Trusted Real Estate Advisor Provides Expert Advice
If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than...
What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]
Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008....
What Does a Recession Mean for the Housing Market? [INFOGRAPHIC]
Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008....
Why You May Want To Start Your Home Search Today
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things...
Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash
Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help...
What Sellers Need To Know in Today’s Housing Market
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve...
3 Tips for Buying a Home Today
If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But...
Why a Home Inspection Is Important [INFOGRAPHIC]
Some Highlights If you’re buying a home, here’s what you should know about your home inspection and why it’s so important. A home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase so you can avoid costly...
Planning To Retire? Your Equity Can Help You Reach Your Goal.
Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers...
Experts Increase 2022 Home Price Projections
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them...
What Would a Recession Mean for the Housing Market?
According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this...
The U.S. Homeownership Rate Is Growing
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC]
Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record...
What Does the Rest of the Year Hold for Home Prices?
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s...
Is the Shifting Market a Challenge or an Opportunity for Homebuyers?
If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your...
Selling Your House? Your Asking Price Matters More Now Than Ever
There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that...
Why the Forbearance Program Changed the Housing Market
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program...
Housing Market Forecast for the Rest of 2022 [INFOGRAPHIC]
Some Highlights The housing market is shifting away from the intensity of the past two years. Here’s what experts project for the remainder of 2022. Home prices are forecast to rise more moderately than last year. Mortgage rates will respond to inflation, and home...
Why It’s Still a Sellers’ Market
As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still...
Buying a Home May Make More Financial Sense Than Renting One
If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com...
3 Graphs To Show This Isn’t a Housing Bubble
With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in...
Why Are People Moving Today?
Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While...
Three Reasons To Buy a Home in Today’s Shifting Market
Some Highlights The housing market is moving away from the frenzy of the past year and it’s opening doors for you if you’re thinking about buying a home. Housing inventory is increasing, which means more options for your search. Plus, the intensity of bidding wars may...
A Real Estate Professional Helps You Separate Fact from Fiction
If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted...
Want To Buy a Home? Now May Be the Time.
There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over the past four months as rising mortgage...
A Window of Opportunity for Homebuyers
Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the...
What’s Causing Ongoing Home Price Appreciation?
If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is expected. That means home prices won’t...
Great News About Housing Inventory [INFOGRAPHIC]
Some Highlights Experts say the number of homes for sale is growing this year, and that can have a big impact on your move. If you’re planning to buy, additional options in today’s market may be just what you’ve been waiting for. More inventory means added...
Think Home Prices Are Going To Fall? Think Again
Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about...
Should You Buy a Home with Inflation This High?
While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I...
Why Pre-Approval Is a Game Changer for Homebuyers
If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from...
Wondering Where You’ll Move if You Sell Your House Today?
If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of homes for sale is increasing as a...
Should I Rent or Should I Buy? [INFOGRAPHIC]
Some Highlights It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face...
Housing Experts Say This Isn’t a Bubble
With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what’s happening with real estate today, it’s important to lean on the experts for reliable information. Here’s...
Should I Buy a Home Right Now?
If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of...
Expert Housing Market Forecasts for the Second Half of the Year
The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections...
The Drop in Mortgage Rates Brings Good News for Homebuyers
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see...
Why Growing Home Equity Is Great News if You Plan To Move [INFOGRAPHIC]
Some Highlights According to the latest data from CoreLogic, the average homeowner gained $64,000 in home equity over the past 12 months. That much equity can be a game-changer when you move. When you sell, it could be some (if not all) of what you need for a down...
What Does an Economic Slowdown Mean for the Housing Market?
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their...
How Your Equity Can Grow over Time
It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says: “The stunning jump in home values over the course of the Covid-19 pandemic...
Is Homeownership Still the American Dream?
Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of...
Real Estate Consistently Voted Best Investment [INFOGRAPHIC]
Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable...
If You’re Selling Your House This Summer, Hiring a Pro Is Critical
It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only...
Homeownership Could Be in Reach with Down Payment Assistance Programs
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good...
A Key Opportunity for Homebuyers
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding...
Two Reasons Why Today’s Housing Market Isn’t a Bubble
You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and...
Why an Agent Is Essential When Pricing Your House [INFOGRAPHIC]
Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in...
Homeownership Is a Great Hedge Against the Impact of Rising Inflation
If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices...
Things To Avoid After Applying for a Home Loan
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need...
The Average Homeowner Gained $64K in Equity over the Past Year
If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equity far faster than you may...
Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans
Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap...
More Listings Are Coming onto the Market [INFOGRAPHIC]
Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home. But inventory...
Home Price Deceleration Doesn’t Mean Home Price Depreciation
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices and where experts say...
The Fed Raised short term rates Now what?
What does the increase in the Fed Funds Rate mean to you?
A Majority of Consumers Say It’s a Good Time To Sell Your House
If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order...
Is the Housing Market Correcting?
If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating...
More Americans Choose Real Estate as the Best Investment Than Ever Before
Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before. The graph...
The Top Reasons To Own Your Home [INFOGRAPHIC]
Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide...
Luxury Homes Are in High Demand
As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only defined by its price. Location...
What Are the Best Options for Today’s First-Time Homebuyers?
If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did even just a few months ago. But that doesn’t mean you have to put your plans on...
Why the Growing Number of Homes for Sale Is Good for Your Move Up
Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number of homes coming onto the market is increasing and that could...
Why You Need an Expert To Determine the Right Price for Your House
If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing to get multiple offers, this could be your moment to get the contract you’re...
History Proves Recession Doesn’t Equal a Housing Crisis
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during...
How Homeownership Impacts You
June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put...
Why Home Loans Today Aren’t What They Were in the Past
In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases...
What Does the Rest of the Year Hold for the Housing Market?
If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts...
Remember and Honor Those Who Gave All
We remember and honor those who gave all. "Remember and Honor Those Who Gave All" is a powerful phrase that speaks to the sacrifice and dedication of those who have given their lives in service to their country, particularly in the context of military service. It...
Bright Days Are Ahead When You Move Up This Summer [INFOGRAPHIC]
Some Highlights Warmer weather and longer days mean summer is almost here. Celebrate by upgrading to the home of your dreams so you can enjoy all the season has to offer. When you list your house, you can capitalize on today’s sellers’ market to fuel your upgrade....
Why Summer Is a Great Time To Buy a Vacation Home
You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your plans and where you...
How Buying or Selling a Home Benefits the Economy and Your Community
If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases...
Sellers Have an Opportunity as Home Prices Re-Accelerate
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home...
Work With a Real Estate Professional if You Want the Best Advice
Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your...
Don’t Let Rising Inflation Delay Your Homeownership Plans
Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and...
The One Thing Every Homeowner Needs To Know About a Recession
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The...
How Homeownership Can Bring You Joy
If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by...
Why Rising Mortgage Rates Push Buyers off the Fence
If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your...
If You’re a Homeowner, You Have Incredible Leverage When You Sell Today
In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers...
Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]
Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If...
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market
While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the...
Are There More Homes Coming to the Market?
According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re...
Will Home Prices Fall This Year? Here’s What Experts Say.
Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts...
Three Tips for First-Time Homebuyers
Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing...
Your House Could Be Closer to List-Ready Than You Think
One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of...
Things That Could Help You Win a Bidding War on a Home
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an...
Today’s Home Price Appreciation Is Great News for Existing Homeowners
If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are...
Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]
Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard...
What You Need To Know About Selling in a Sellers’ Market
Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your...
The Dream of Homeownership Is Worth the Effort
If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate...
How Homeownership Can Help Shield You from Inflation
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make...
Is It Enough To Offer Asking Price in Today’s Housing Market?
If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home....
Myths About Today’s Housing Market [INFOGRAPHIC]
Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as...
Why This Housing Market Is Not a Bubble Ready To Pop
Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country...
How To Approach Rising Mortgage Rates as a Buyer
In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your...
Why Pre-Approval Is an Important Step for Today’s Homebuyers
Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of...
Is It Time To Buy a Smaller Home?
Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies....
What Is Multigenerational Housing? [INFOGRAPHIC]
Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving...
On the Fence of Whether or Not To Move This Spring? Consider This.
If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To...
Where Are Mortgage Rates Headed?
There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more...
Why a Real Estate Professional Is Key When Selling Your House
With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed and involved process of selling a home. That may be...
Using Your Tax Refund To Achieve Your Homeownership Goals This Year
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to...
Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]
Some Highlights If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity. Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average...
The Future of Home Price Appreciation and What It Means for You
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different...
Remote Work Trends Mean Flexibility for First-Time Homebuyers
Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying...
What You Need To Budget for When Buying a Home
When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you...
Balancing Your Wants and Needs as a Homebuyer Today
Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs....
There Are Several Great Reasons To Consider Buying a Condo Today
If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could...
What’s Happening with Mortgage Rates, and Where Will They Go from Here?
Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how...
The Best Week To List Your House Is Just Around the Corner
Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data...
A Key To Building Wealth Is Homeownership
The link between financial security and homeownership is especially important today as inflation rises. But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of...
How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]
Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes....
What You Can Expect from the Spring Housing Market
As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate...
What You Need To Know if You’re Thinking About Building a Home
If you’re ready to move up, you may be trying to decide whether you want to buy a home that’s already on the market or build a new one. And since the supply of homes available for sale today is low, you’re willing to consider either avenue. While home builders are...
The Many Benefits of Homeownership
The past two years have taught us the true value of homeownership, especially the stability and the feeling of accomplishment it can provide. But homeownership has so much more to offer. Here’s a look at a few of the non-financial and financial benefits of owning a...
The Average Homeowner Gained More Than $55K in Equity over the Past Year
If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect –...
Spring Cleaning Checklist for Sellers [INFOGRAPHIC]
Some Highlights If you’re thinking about selling your house this spring, here are some things you’ll want to tackle before you list. Spend your time on tasks that make it feel inviting, show it’s cared for, and boost your curb appeal. To determine the full list of...
Did Your Dream Home Just Come on the Market?
For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a row (this comes after six months of...
Are You Wondering if This Is the Year To Buy a Home?
Every year, many renters ask themselves the same question: Should I continue renting, or is it time to buy a home? If you’re a renter, chances are you’ve asked yourself that question at least once, and it’s likely because you’ve faced an increase in your monthly...
Don’t Get Caught Off Guard by Closing Costs
As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers were surprised by their closing costs. Here’s some...
This Spring Presents Sellers with a Golden Opportunity
If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your current home and making the best investment when you buy your next one. If that’s the case, you should know – you may be...
Key Terms for Homebuyers [INFOGRAPHIC]
Some Highlights Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford. Terms like appraisal (what lenders rely on to validate a home’s value) and the...
How To Navigate a Market Where Multiple Offers Is the New Normal
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should be prepared to navigate a highly...
Key Factors That Impact Affordability Today
You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years, but that doesn’t mean homes are now...
How Global Uncertainty Is Impacting Mortgage Rates
If you’re thinking about buying or selling a home, you’ll want to keep a pulse on what’s happening with mortgage rates. Rates have been climbing in recent months, especially since January of this year. And just a few weeks ago, the 30-year fixed mortgage rate from...
Why It’s Critical To Price Your House Right
When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking...
Supply and Demand in Today’s Market [INFOGRAPHIC]
Some Highlights Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell. For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For...
Are Home Prices Continuing To Rise?
Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation. Here’s a look at...
Down Payment Assistance Programs Can Help You Achieve Homeownership
For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say it’s one of the hardest steps on the path to homeownership....
An Expert Advisor Will Give You the Best Advice in Today’s Market
Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate advisor isn’t just good to have by your side, they’re essential....
Millennials: Do You Need a Home with More Space?
If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And while other millennials are looking to buy for...
EOD Graduation Speech
The Difference Between Renting and Owning [INFOGRAPHIC]
Some Highlights If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home. As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly...
The #1 Reason To Sell Your House Today
Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association of Realtors (NAR) just...
How Supply and Demand Can Impact Your Buying and Selling Goals
In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there are more people trying to buy an item than there...
The Perks of Owning More Than One Home
Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As trends such as remote working and...
Real Estate Voted the Best Investment Eight Years in a Row
In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight years, consistently gaining traction as the best long-term...
What’s Driving Today’s High Buyer Demand? [INFOGRAPHIC]
Some Highlights There’s an influx of buyers looking for homes today, and that means your house is in high demand. Here are a few reasons why so many people are looking to buy a home. Buyers are motivated to beat rising mortgage rates, and many want to escape rising...
4 Simple Graphs Showing Why This Is Not a Housing Bubble
A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different than it was during the...
More People Are Planning To Buy a Home Soon
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving...
What Every Seller Needs To Know About Renovating This Year
If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell....
Are You Ready To Fall in Love with Homeownership?
Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you own your home, you likely feel a sense of emotional...
How To Win as a Buyer in a Sellers’ Market [INFOGRAPHIC]
Some Highlights Even in today’s sellers’ market, there are still ways for buyers to win big. Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval...
Want Top Dollar for Your House? Now’s the Time To List It.
When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this...
The Path To Homeownership Can Be Steeper for Some Americans
As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership...
Don’t Let Student Loans Delay Your Homeownership Dreams
If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt? To give you...
Consumers Agree: It’s a Good Time To Sell
In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage rates, and your own changing needs to...
How Remote Work Impacts Your Home Search [INFOGRAPHIC]
Some Highlights If your workplace is delaying its return to office plans or is allowing permanent work from home options, that may open up new possibilities for your home search. Ongoing remote work could give you the chance for a change in scenery, a move to an area...
Millions of Americans Have Discovered the Benefits of Multigenerational Households
If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or simply because you’ve reached a new...
The Top Indicator if You Want To Know Where Mortgage Rates Are Heading
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year...
Why a Move Could Bring You More Happiness This Year
Over the past two years, we’ve lived through one of the most stressful periods in recent history. Because of the health crisis, many of us have spent more time at home and that’s led us to re-evaluate both what we need in a house and how much we appreciate having a...
Owning Is More Affordable than Renting in the Majority of the Country
If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable...
Why Your Home Inspection Matters [INFOGRAPHIC]
Some Highlights Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision. Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan...
Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers
If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re...
Are You a Homeowner Thinking About Climate Change?
Americans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a report from realtor.com: “More than 3 in 4 recent buyers, 78%, took [natural disasters] into account when choosing the locations of their...
The Next Generation of Homebuyers Is Here
Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership. The sooner you start planning, the...
Why Pre-Approval Is Key for Homebuyers in 2022
You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s...
Buyers Want To Know: Why Is Housing Supply Still So Low?
One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly...
With Mortgage Rates Climbing, Now’s the Time To Act
Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. That’s the highest point it’s been in almost two years. If you’re thinking about buying a home, this news may have come as a bit of a shock. But the truth is, it wasn’t...
Sellers: Don’t Wait Until Spring To Make Your Move
As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want to know you’re making a...
Achieving the Dream of Homeownership
Homeownership has long been considered the American Dream, and it’s one every American should feel confident and powerful pursuing. But owning a home is also a deeply personal dream. Our home provides us with safety and security, and it’s a place where we can grow and...
When Is the Right Time To Sell [INFOGRAPHIC]
Some Highlights If you’re trying to decide when to list your house, the time is now. There are plenty of buyers eagerly waiting for your home to hit the market. The latest data indicates home showings are rising. There are more buyers than homes for sale right now....
What’s Going To Happen with Home Prices This Year?
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have...
Two Ways Homebuyers Can Win in Today’s Market
If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home of your dreams, even in a hot market. Act...
Why Inflation Shouldn’t Stop You from Buying a Home in 2022
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...
Real Estate Professionals Are Experts at Keeping You Safe When You Sell
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of buyers and sellers during the pandemic. Today, they’re seasoned...
How To Hit Your Homebuying Goals This Year [INFOGRAPHIC]
Some Highlights If you’re looking to buy a home, you may want to put these items on your to-do list to ensure you hit your goals. It’s important to start working on your credit and saving for a down payment early. When you’re ready to begin your search, work with a...
There Won’t Be a Wave of Foreclosures in the Housing Market
When mortgage forbearance plans were first announced and the pandemic surged through the country in early 2020, many homeowners were allowed to pause their mortgage payments. Some analysts were concerned that once the forbearance program ended, the housing market...
Why Waiting To Sell Your House Could Cost You a Small Fortune
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are...
Avoid the Rental Trap in 2022
Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents...
How Much Do You Need for Your Down Payment?
As you set out on your homebuying journey, you likely have a plan in place, and you’re working on saving for your purchase. But do you know how much you actually need for your down payment? If you think you have to put 20% down, you may have set your goal based on a...
Here’s to a Wonderful 2022!
As we reflect on the past year and look ahead to what 2022 holds, there’s plenty of reason to celebrate and embrace the opportunities that come with the new year. Whether you're setting personal goals, striving for professional growth, or simply looking to create...
Why Selling Your House with a Real Estate Professional Is Essential
Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and...
Expert Insights on the 2022 Housing Market
As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what...
5 Tips for Making Your Best Offer on a Home
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. 1. Know Your Budget Knowing your budget and...
Key Things To Avoid After Applying for a Mortgage
Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close. It’s exciting to start thinking about moving in and decorating your new place, but before you make any large purchases, move your money around, or...
Thank You for All of Your Support
Thank you for all of your support! At Wells Funding Group, we understand that choosing the right mortgage can be a complex decision. That's why we offer a variety of loan options tailored to meet your needs: Fixed Rate Mortgage: Enjoy consistent interest rates and...
When a House Becomes a Home
It’s clear that owning a home makes financial sense. But lately, the emotional side of what drives homeownership is becoming increasingly important. No matter the living space, the feeling of a home means different things to different people. Whether it’s a familiar...
The Perks of Putting 20% Down on a Home
If you’re thinking of buying a home, you’re probably wondering what you need to save for your down payment. Is it 20% of the loan, or could you put down less? While there are lower down payment programs available that allow qualified buyers to put down as little as...
The Average Homeowner Gained $56,700 in Equity over the Past Year
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...
Homebuyers: Be Ready To Act This Winter
To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.com, says there are two factors every buyer should keep their eyes on: “Going...
2022 Housing Market Forecast [INFOGRAPHIC]
Some Highlights What does the coming year hold for the housing market? Here’s what experts project for 2022. Mortgage rates are projected to rise and so are home prices. Experts are forecasting buyer demand will remain strong as people try to capitalize on rates and...
Homebuyers Are Going on a Shopping Spree This Winter
Black Friday and Cyber Monday are over, which means some shoppers have wrapped up their holiday buying. But there’s still a group of buyers that are very active this holiday season – homebuyers. Experts anticipate the real estate market will see a flurry of activity...
What Everyone Wants To Know: Will Home Prices Decline in 2022?
If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue to appreciate going forward? The good news is, according...
Advice for First-Generation Homebuyers
The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends far beyond the homebuyer. AJ...
If You Think the Housing Market Will Slow This Winter, Think Again.
From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers are making moves right now, creating an unseasonably strong housing market for...
A Happy Tail: Pets and the Homebuying Process [INFOGRAPHIC]
Some Highlights It’s no secret that we love our furry friends – about 70% of U.S. households have pets. What may come as a surprise is how large a role they play in the homebuying process. Americans spend $1,163 a year on their pets, and nearly half of pet owners say...
Two Reasons Why Waiting To Buy a Home Will Cost You
If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to purchase a home. To determine whether you...
Struggling To Find a Home To Buy? New Construction May Be an Option.
There’s no question that the financial benefits of selling a house are outstanding today. Now is truly a great time to list if you’re ready to make a change. But if you do sell your house right now, you may be wondering where you’ll go when you move. With so few homes...
Why It Just Became Much Easier To Buy a Home
Since the pandemic began, Americans have reevaluated the meaning of the word home. That’s led some renters to realize the many benefits of homeownership, including the feelings of security and stability and the financial benefits that come with rising home equity. At...
Win When You Sell (And When You Move)
If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move. Win When You Sell Right now, conditions are very favorable for...
A Checklist for Selling Your House This Winter [INFOGRAPHIC]
Some Highlights If you’re planning to sell your house this winter, you’ll want it to look its best inside and out. Take the time and focus on tasks that make it inviting, show it’s cared for, and boost your curb appeal. Let’s connect so you have an expert opinion on...
Tips for Single Homebuyers: How To Make Your Dream a Reality
If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28% of all households (36.1 million) are sole-person, and that number is...
How To Think Strategically as a Buyer in Today’s Market
The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game. The homebuying process, like chess, requires strategy and...
Home Is Where the Heart Is More than Ever This Year
There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly...
Why Now Is a Great Time To Sell Your House
As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market. Record-breaking home price appreciation, growing equity, low inventory, and competitive mortgage rates are motivating homeowners to make a move that addresses their...
Reasons To Hire a Real Estate Professional [INFOGRAPHIC]
Some Highlights Whether you’re buying or selling, there are many perks that come from working with a real estate advisor. Real estate professionals are experts at navigating all aspects of the buying and selling process, including negotiating on your behalf. We can...
Thank You for Your Support
I wanted to take a moment to express my deepest gratitude for the unwavering support you've shown us. Whether it’s your trust in our services, the thoughtful feedback you’ve provided, or your commitment to the shared goals that drive our success, your contribution has...
How Smart Buyers Are Approaching Rising Mortgage Rates
Last week, the average 30-year fixed mortgage rate from Freddie Mac inched up to 3.1%, and experts project rates will continue rising through 2022: “The 30-year fixed-rate mortgage was 2.9% in the third quarter of 2021. We forecast mortgage rates to increase slightly...
Don’t Believe Everything You Read: The Truth Many Headlines Overlook
There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a...
4 Ways Homeowners Can Use Their Equity
Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year. According to the latest Equity Insights Report from CoreLogic, homeowners gained an average of $51,500 in equity...
Your Journey to Homeownership [INFOGRAPHIC]
Some Highlights When it comes to buying a home, there are a number of key milestones along the way. The process includes everything from building your team and understanding your finances to going house hunting, making an offer, and more. When you’re ready to start...
Home Sales About To Surge? We May See a Winter Like Never Before.
Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during the second quarter...
Retirement May Be Changing What You Need in a Home
The past year and a half brought about significant life changes for many of us. For some, it meant entering retirement earlier than expected. Recent data shows more people retired this year than anticipated. According to the Schwartz Center for Economic Policy...
Sellers: You’ll Likely Get Multiple Strong Offers This Season
Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s...
4 Things Every Renter Needs To Consider
As a renter, you’re constantly faced with the same dilemma: keep renting for another year or purchase a home? Your answer depends on your current situation and future plans, but there are a number of benefits to homeownership every renter needs to consider. Here are a...
Should I Update My House Before I Sell It? [INFOGRAPHIC]
Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your agent to be your guide. If the market is flooded with houses for sale, updates may be necessary for your house to stand out. In our current sellers’ market, the...
VA Loans: Helping Veterans Achieve Their Homeownership Dreams
The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help...
What’s Happening with Home Prices?
Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to all three of these questions. How much have home...
How Sellers Win When Housing Inventory Is Low
In today’s housing market, the number of homes for sale is much lower than the strong buyer demand. As a result, homeowners ready to sell have a significant advantage. Here are three ways today’s low inventory will set you up for a win when you sell this season. 1....
Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t...
Numbers Don’t Lie – It’s Still a Great Time To Sell [INFOGRAPHIC]
Some Highlights Heading into the end of the year, you might wonder if it’s still a good time to sell your house. Here’s what the latest data from the National Association of Realtors (NAR) says. Housing supply is lower than last year, and home prices are up...
Why a Wave of Foreclosures Is Not on the Way
With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble...
Experts Project Mortgage Rates Will Continue To Rise in 2022
Mortgage rates are one of several factors that impact how much you can afford if you’re buying a home. When rates are low, they help you get more house for your money. Within the last year, mortgage rates have hit the lowest point ever recorded, and they’ve hovered in...
Sellers Have Incredible Leverage in Today’s Market
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year. Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), puts it best, saying: “Housing...
Renters Missed Out on $51,500 This Past Year
Rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a...
The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]
Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you...
Does Your House Have What Buyers Want?
The rise in remote work is changing what many Americans want in their homes. Many companies are choosing to delay reopening or go remote full-time, and today’s buyers are looking for homes with more space to support their work needs. As a seller, if you no longer need...
There Are More Homes Available Now than There Were This Spring
There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the year. The Number of Homes for...
Knowledge Is Power When It Comes to Appraisals and Inspections
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider waiving those contingencies to...
Your Home Equity Is Growing [INFOGRAPHIC]
Some Highlights If you’re a homeowner, today’s rising equity is great news. On average, homeowners have gained $51,500 in equity since this time last year. Whether it’s funding an education, fueling your next move, or starting a business, your home equity is a great...
Important Distinction: Homes Are Less Affordable, Not Unaffordable
It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less...
Looking To Move? It Could Be Time To Build Your Dream Home.
While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those under construction can provide...
What Does the Future Hold for Home Prices?
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should...
Sellers: Your House Could Be an Oasis for Buyers Seeking More Options
Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective,...
Homebuyer Tips for Finding the One [INFOGRAPHIC]
Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your search. Then, once you’ve...
What Do Past Years Tell Us About Today’s Real Estate Market?
As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is...
The Big Question: Should You Renovate or Move?
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents want more outdoor living space...
Don’t Wait for a Lower Mortgage Rate – It Could Cost You
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If...
Experts Agree: Homeownership Provides a Path to Long-Term Wealth
A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your own The pride homeownership...
What’s Causing Today’s Competitive Real Estate Market?
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in...
111,285 Reasons You Should Buy a Home This Year
The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. According to the latest research from the National Association of Realtors (NAR):...
What Do Supply and Demand Tell Us About Today’s Housing Market?
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item increases, prices fall. Of course,...
The Main Key To Understanding the Rise in Mortgage Rates
Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that the mortgage rate...
4 Tips To Prep for Your Home Sale This Fall
Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can bring in the greatest return on your investment....
Reasons Renters Buy [INFOGRAPHIC]
Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater flexibility than renting. If...
As Home Equity Rises, So Does Your Wealth
Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home...
Don’t Tackle Selling Your Home on Your Own – an Agent Can Help
If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the truth is, a real...
Early October is the Sweet Spot for Buyers
Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding...
If You’re a Buyer, Is Offering Asking Price Enough?
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From...
It’s Still a Sellers’ Market [INFOGRAPHIC]
Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to...
Two Reasons Why Waiting a Year To Buy Could Cost You
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait,...
Is a 20% Down Payment Really Necessary To Purchase a Home?
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the...
Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?
A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home....
Is It Time To Move on to a New Home?
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses...
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple...
Is the Number of Homes for Sale Finally Growing?
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two years. It’s the reason...
5 Tips for Making Your Best Offer
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage, especially when you’ve found...
The Truth About Today’s Buyer Demand
When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market respect that buying or selling a...
Why It’s Still Safe To Sell Your Home
If you’re on the fence about whether or not you want to sell your house this year, there’s good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety...
Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert opinions and data to truly...
Home Price Appreciation Is Skyrocketing in 2021. What About 2022?
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest...
Understand Your Options To Avoid Foreclosure
Even though experts agree there’s no chance of a large-scale foreclosure crisis, there are a number of homeowners who may be coming face-to-face with foreclosure as a possibility. And while the overall percentage of homeowners at risk is decreasing with time (see...
Reasons You Should Consider Selling This Fall
If you’re trying to decide when to sell your house, there may not be a better time to list than right now. The ultimate sellers’ market we’re in today won’t last forever. If you’re thinking of making a move, here are four reasons to put your house up for sale sooner...
Honoring the American Workforce
Wishing you a happy and safe Labor Day. Wishing you a happy and safe Labor Day! Today is a time to pause, reflect, and recognize the immense contributions of workers who drive our economy, communities, and country forward. It’s not just a long weekend or the...
Your Agent Is Key When Pricing Your House [INFOGRAPHIC]
Some Highlights Pricing your house right takes market experience and expertise. To find the best list price, your agent balances current market demand, values of homes in your neighborhood, where prices are headed, and your home’s condition. If you’re ready to sell,...
5 Reasons Today’s Housing Market Is Anything but Normal
There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as...
What You Can Do Right Now To Prepare for Homeownership
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in...
What Buyers and Sellers Need To Know About the Appraisal Gap
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent...
The Difference in Net Worth Between Homeowners and Renters Is Widening
Becoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about their perspective on financial...
Your Checklist To Get Ready To Sell [INFOGRAPHIC]
Some Highlights When it comes to selling your house, you want it to look its best inside and out. It’s important to focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal for prospective buyers. Let’s connect to make sure your house...
If Housing Affordability Is About the Money, Don’t Forget This.
There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in...
Why 2021 Is Still the Year To Sell Your House
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was...
What To Do with Your Vacation Home as Summer Ends
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something you may want to consider. According to research from the National Association of Realtors (NAR), vacation home sales are up 57.2%...
What Do Experts Say About Today’s Mortgage Rates?
Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money....
Options for First-Time Homebuyers [INFOGRAPHIC]
Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If...
More Young People Are Buying Homes
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, Deputy Chief Economist for First American, explains...
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales...
What Does Being in a Sellers’ Market Mean?
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what does that really mean? And why are conditions today so good for people who want to list their house? It starts with...
A Look at Home Price Appreciation and What It Means for Sellers
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your potential sale. But let’s look past...
Sellers Are in a Sweet Spot [INFOGRAPHIC]
Some Highlights In today’s sellers’ market, you’re set up to win big when you list your house. That’s because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your next home, you’ll also win by...
The Best Use of Time (and Money) When It Comes to Renovations
In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what...
Are Houses Less Affordable Than They Were in Past Decades?
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than...