Economy

Why Owning a Home Is Worth It in the Long Run Affordability, Buying Tips, Economy, For Buyers, Home Prices, Inventory, Mortgage Rates Today’s mortgage rates and home prices may have you second-guessing whether it's still a good idea to buy a home right now. While market factors are...

Buying a home in today’s market can feel like an uphill battle – especially with home prices and mortgage rates putting pressure on your budget. If you’re feeling stuck - co-buying could be one way to help you get your foot in the door. Freddie Mac says: “If you are an aspiring homeowner - buying a home with your family or friends could be an option.” But there are some things you'll want...

One major reason why we’re not heading toward a foreclosure crisis is the high level of equity homeowners have today. Unlike in the last housing bubble - where many homeowners owed more than their homes were worth - today’s homeowners have far more equity than debt. That’s a big part of the reason why even though mortgage debt is at an all-time high - this isn’t 2008 all over again. As Bill...

Some Highlights If you’re planning to list your house in 2025 - it’s already time to start working on any repairs. But where do you start? Your local agent will be able to help you prioritize projects that will help you get the best return on your investment and appeal to what today’s buyers really want. If your goal is to sell your house next year - connect with an agent so you...

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...