Monthly Archives: November 2022
3 Ways You Can Use Your Home Equity
Home equity is a valuable asset that can be used to finance home improvements, pay for college tuition, consolidate debt, and more. Homeowners who have built up enough equity can even use it to purchase additional real estate investments. No matter how you intend to use your equity, it’s important to know the best method... Read More
Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays
The holidays are a time for family, friends, and…house hunting? Believe it or not, many people begin their home search during the holiday season. In fact, December is often one of the busiest months for real estate. If you’re thinking of selling your house this year, don’t wait—here are five reasons why now is the... Read More
What Buyers Need To Know About the Inventory of Homes Available for Sale
While the national level of housing inventory has remained relatively flat, there are some individual markets that have seen a noticeable increase in available homes. This can be attributed to a few different factors, including increases in new construction and more people listing their homes for sale. In addition, many homeowners who had postponed putting... Read More
What Homeowners Want To Know About Selling in Today’s Market
If you’re in the market to sell your house, now is a great time. Homeowners are still getting good offers, and they’re selling quickly. This means that if you price your home right, you can get a fair offer in no time. As always, it pays to do your research on the local market prices... Read More
Mortgage Rates Will Come Down, It’s Just a Matter of Time
The good news is that while mortgage rates have been rising, they are still historically low. In fact, the 30-year fixed rate mortgage has averaged around 4% since February 2020, which is significantly lower than the 5% plus average we saw during much of the 2000s. This means that current homeowners may be able to... Read More
Should You Update Your House Before You Sell? Ask a Real Estate Professional.
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. Of course, the decision of what needs renovating in your house ultimately lies with you. But there are some key areas that will draw buyers’ attention and make them more likely... Read More
More People Are Finding the Benefits of Multigenerational Households Today
Multigenerational living can provide a range of benefits. For example, it offers greater housing stability and financial support for all generations. In addition, it helps families to be more connected, providing more opportunities for socialization and emotional support. Furthermore, sharing a home with your family members means you can benefit from the wisdom and experience... Read More
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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 you can make a confident... Read More
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 and incentives... Read More
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: Data from the Mortgage Bankers Association (MBA) helps tell this story. It shows the overall percentage of homeowners at risk is decreasing significantly with time (see graph below): But... Read More
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