Buyers
613 articles published
- Knowledge Is Power When It Comes to Appraisals and InspectionsBuyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition and leading some buyers to consider…
- Important Distinction: Homes Are Less Affordable, Not UnaffordableIt’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize…
- Looking To Move? It Could Be Time To Build Your Dream Home.While today’s supply of homes for sale is still low, the number of newly built homes is increasing. If you’re ready to sell but have held off because you weren’t sure you’d be able to find a home to move into, newly built homes and those…
- What Does the Future Hold for Home Prices?If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to…
- Mortgage Tips for HomebuyersArticle contributed by Cristina Bailey, Money.com It’s been over a year and a half since mortgage rates have reached their historic lows. This is the reason why many people that were waiting and looking into buying a home, took advantage…
- Homebuyer Tips for Finding the One [INFOGRAPHIC]Some Highlights The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your…
- What Do Past Years Tell Us About Today’s Real Estate Market?As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking…
- The Big Question: Should You Renovate or Move?The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for Q3 2021. The survey reveals the following: 70% of respondents…
- Don’t Wait for a Lower Mortgage Rate, It Could Cost YouToday’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers…
- Experts Agree: Homeownership Provides a Path to Long-Term WealthA recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. Some of the most popular non-financial reasons given include: The flexibility to make the space your…
- What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC]Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction…
- 111,285 Reasons You Should Buy a Home This YearThe financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored, the ability to build wealth as a homeowner. According to the latest research from the National…
- What Do Supply and Demand Tell Us About Today’s Housing Market?There’s a well-known economic theory, the law of supply and demand, that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item…
- The Main Key To Understanding the Rise in Mortgage RatesThe Main Key To Understanding the Rise in Mortgage Rates Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the…
- Red-hot US housing market begins to coolThere are fewer bidding wars and homes selling above asking price, Redfin report finds, Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A…
- Reasons Renters Buy [INFOGRAPHIC]Some Highlights When deciding whether you should rent or buy, make sure you’re considering these factors. Buying a home means consistent monthly payments. Homeownership also helps to build your wealth. And owning a home gives you greater…
- As Home Equity Rises, So Does Your WealthHomeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to…
- Early October is the Sweet Spot for BuyersAre you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer,…
- If You’re a Buyer, Is Offering Asking Price Enough?In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer…
- Two Reasons Why Waiting a Year To Buy Could Cost YouIf you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine…
- Is a 20% Down Payment Really Necessary To Purchase a Home?There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half…
- Is It Time To Move on to a New Home?If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008,…
- Is the Number of Homes for Sale Finally Growing?An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last…
- 5 Tips for Making Your Best OfferIn today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage,…
- The Truth About Today’s Buyer DemandWhen it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it can be hard to know what to believe, put your trust in the experts. Those of us in the housing market…
- Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]Some Highlights When it comes to the current housing market, there are multiple misconceptions, from what the current supply of available homes looks like to how much houses are selling for. It takes professionals who study expert…
- The Difference in Net Worth Between Homeowners and Renters Is WideningBecoming financially secure is an important goal for many people today, but some don’t realize just how much homeownership can help them achieve that dream. A recent report, The Journey Toward Financial Freedom, surveys Americans about…
- If Housing Affordability Is About the Money, Don’t Forget This.There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership, specifically affordability. Many articles are making the claim that it’s…
- Tired of Rising Rents?Rents have risen consistently over the last 30 years, and they’re not showing signs of stopping. Let’s connect today if you’re ready to purchase a home and move on from renting. Sources for Data in Video…
- Options for First-Time Homebuyers [INFOGRAPHIC]Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and…
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