2024

What’s Behind Today’s Mortgage Rate Volatility? If you’ve been keeping an eye on mortgage rates lately - you might feel like you’re on a roller coaster ride. One day rates are up; the next they dip down a bit. So - what’s driving this constant change? Let’s dive into just a few of the major reasons why we’re seeing so much volatility - and what it means for you. The Market’s Reaction to...

Let’s be real – buying a home right now is tough. You’re scrolling through listings - rushing to open houses - and maybe even losing out to more competitive offers. Somewhere along the way - you might’ve heard the reason it’s so hard to find a home is because big Wall Street investors are swooping in and snatching up everything in sight. But here’s the thing: that’s mostly a myth....

Don’t Let These Two Concerns Hold You Back from Selling Your House If you’re debating whether or not you want to sell right now - it might be because you’ve got some unanswered questions - like if moving really makes sense in today’s market. Maybe you’re wondering if it’s even a good idea to move right now. Or you’re stressed because you think you won't find a house you like. To put your...

The Big Difference Between Renter and Homeowner Net Worth Some Highlights If you’re torn between renting or buying - don’t forget to factor in the wealth-building power of homeownership. Unlike renters - homeowners gain equity as they pay their mortgage and as home values rise. That’s why - on average - a homeowner’s net worth is nearly 40x higher than a renter’s. Connect with an agent...

Should You Sell Your House or Rent It Out? When you’re ready to move - figuring out what to do with your house is a big decision. And today - more homeowners are considering renting their home instead of selling it. Recent data from Zillow shows about two-thirds (66%) of sellers thought about renting their home before listing - with nearly a third (28%) taking that possibility seriously. Compared to...

More Homes, Slower Price Growth – What It Means for You as a Buyer There are more homes on the market right now than there have been in years – and that could be a game changer for you if you’re ready to buy. Let’s look at two reasons why. You Have More Options To Choose From An article from Realtor.com helps explain just how much the number of homes for sale has gone up this year: “There were...

What’s Motivating Homeowners To Move Right Now Over the past few years - some homeowners have decided to delay their move because they don’t want to sell and take on a higher mortgage rate on their next home. Maybe you’re thinking the same thing. And honestly - that’s no surprise. It’s a very common roadblock and is one of the biggest factors that’s kept the number of homes on the market so...

The Majority of Veterans Are Unaware of a Key VA Loan Benefit For over 79 years - Veterans Affairs (VA) home loans have helped countless Veterans achieve the dream of homeownership. But according to Veterans United - only 3 in 10 Veterans realize they may be able to buy a home without needing a down payment (see visual below): That’s why it’s so important for Veterans – and anyone who cares about...

Why You Need an Agent To Set the Right Asking Price Some Highlights The #1 task sellers struggle with is setting the right asking price for their house. Without an agent’s help - you may set a price that turns away buyers and takes a long time to sell. To make sure your house is priced right - connect with a local agent. Because if the price isn’t compelling - it’s not...

Renting vs. Buying: The Net Worth Gap You Need To See Trying to decide between renting or buying a home? One key factor that could help you choose is just how much homeownership can grow your net worth. Every three years - the Federal Reserve Board shares a report called the Survey of Consumer Finances (SCF). It shows how much wealth homeowners and renters have – and the difference is significant. On...