Buyers
613 articles published
- 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…
- Why Rising Mortgage Rates Push Buyers off the FenceIf 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…
- What You Actually Need To Know About the Number of Foreclosures in Today’s Housing MarketWhile 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…
- 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…
- 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…
- How Today’s Mortgage Rates Impact Your Home PurchaseIf you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage…
- 2022 Housing Market Forecast [INFOGRAPHIC]Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong…
- Three Tips for First-Time HomebuyersBuying 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…
- Explaining Adjustable Rate Mortgages (ARM’s)
- Things That Could Help You Win a Bidding War on a HomeWith 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),…
- The Dream of Homeownership Is Worth the EffortIf 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…
- How Homeownership Can Help Shield You from InflationIf 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…
- 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…
- 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…
- Why This Housing Market Is Not a Bubble Ready To Go 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,…
- How To Approach Rising Mortgage Rates as a BuyerIn 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…
- Why Pre-Approval Is an Important Step for Today’s HomebuyersBeing 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…
- 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…
- 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…
- Why a Real Estate Professional Is Key When Selling Your HouseWith 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…
- The Future of Home Price Appreciation and What It Means for YouMany 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…
- Remote Work Trends Mean Flexibility for First-Time HomebuyersToday’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…
- Make It Yours: Essential Resources for Getting Settled in Your New Home(Article submitted by Linda Chase. Please view her website ablehire.org.) You bought a house (congrats!), moved the stuff in, but now what?. We won’t sugarcoat it; there’s a lot to do. Want to avoid feeling unsettled and chaotic and fast…
- What You Need To Budget for When Buying a HomeWhen 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…
- Balancing Your Wants and Needs as a Homebuyer TodaySince 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…
- 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. There’s a reason why 72% of…
- There Are Several Great Reasons To Consider Buying a Condo TodayIf 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…
- 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…
- 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…
- What You Can Expect from the Spring Housing MarketAs 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…
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