Posts tagged Homeownership
What Mortgage Rate Do You Need to Move?

If you’ve put your plans to move on hold because of where mortgage rates are, think about the number you want to see rates hit that would make you ready to re-enter the market.

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3 Keys to Hitting your Homeownership Goals in 2024

If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.

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Evaluating Your Wants and Needs As a Homebuyer Matters More Today

Putting together your list of necessary features for your next home might seem like a small task, but it’s a crucial planning step on your homebuying journey today.

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Keys to Success for First Time Home Buyers

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better.

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Reasons To Own Your Home

Some Highlights

  • June is National Homeownership Month, and it’s a perfect time to think about all the benefits that come with owning your home.

  • Owning a home not only makes you feel proud and accomplished, but it’s also a big step toward having a secure and stable financial future.

  • Are you ready to enjoy all the amazing advantages that come with owning a home? Let’s get in touch to start the process today.

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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 a rise in headlines saying prices would end up crashing.

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What's Ahead for Home Prices in 2023

Experts are projecting slight price depreciation in the housing market this year, followed by steady appreciation. Given that, you may be wondering if you should move ahead with buying a home this spring. The decision to purchase a home is best made when you do it knowing all the facts and have an expert on your side.

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One Major Benefit of Investing In a Home

One of the biggest benefits of owning a home, regardless of your income level, is that it provides financial stability and an avenue to build wealth.

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Experts Forecast a Turnaround in the Housing Market

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 recent frenzy, mortgage rates are coming down, inflation is easing, and overall market activity is starting to pick up. All of that’s great news for the housing market this year.

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Home Equity: A Source of Strength For Homeowners Today

Equity is the difference between what you owe on the home and its market value based on factors like price appreciation. In today’s real estate market, many homeowners have far more equity in their homes than they realize due to the home price appreciation we’ve seen over the past few years.

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Two Questions Every Homebuyer Should Ask Themselves Right Now

If you’re thinking about buying a home, asking yourself about home prices and mortgage rates will help you make a powerful and confident decision. Experts see both prices and rates rising in the future. The alternative is to rent, but rents are also increasing. That may mean buying a home makes more sense than renting.

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The True Strength of Homeownership

Homeowners today have more financial strength than they have had since 1983. This is a combination of how homeowners have handled equity since the crash and rising home prices of the last two years. And this is yet another reason homeownership in any market makes sense.

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Buying a Home May Make More Sense than Renting

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. That means rising prices will likely impact your housing plans either way. But there are a few key differences that could make buying a home a more worthwhile option for you

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A Real Estate Professional Can Help 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 real estate professional comes in. They can help debunk the headlines so you can really understand today’s market and what it means for you.

Here are three common housing market myths you might be hearing, along with the expert analysis that provides better context.

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Homeownership is a Great Hedge Against the Impact of Rising Inflation

If you’ve been thinking about buying a home this year, it makes sense to act soon, even with inflation rising. That way you can stabilize your monthly housing cost and invest in an asset that historically outperforms inflation.

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Home Price Deceleration Does Not Mean 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 they’re going, here’s a look at a few terms you may hear:

  • Appreciation is when home prices increase.

  • Depreciation is when home prices decrease.

  • Deceleration is when home prices continue to appreciate, but at a slower pace.

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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.

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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 .Even if you face challenges in today’s market, the payoff when you succeed and purchase a home will be worth it.

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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.

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