You may see media coverage talking about a drop in homeowner equity. Whatâs important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Hereâs how this has played out recently. Home prices rose rapidly […]
Read MoreCategory: Uncategorized
Your Needs Matter More Than Todayâs Mortgage Rates
If youâre thinking about selling your house right now, chances are itâs because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what youâll buy next, itâs important to not lose sight of the reason you want to make a change in the first […]
Read MoreAre Home Prices Going Up or Down? That DependsâŠ
Media coverage about whatâs happening with home prices can be confusing. A large part of that is due to the type of data being used and what theyâre choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). […]
Read MoreWhy You Canât Compare Now to the âUnicornâ Years of the Housing Market [INFOGRAPHIC]
Some Highlights Comparing housing market metrics from one year to another can be challenging in a normal housing market â and the last few years have been anything but normal. In a way, they were âunicornâ years. Expect unsettling housing market headlines this year, mostly due to unfair comparisons with the âunicornâ years. Connect with […]
Read MoreThis Real Estate Market Is the Strongest of Our Lifetime
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime â if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1. […]
Read MoreThe Main Reason Mortgage Rates Are So High
Todayâs mortgage rates are top-of-mind for many homebuyers right now. As a result, if youâre thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions:Â Why Are Mortgage Rates So High? When Will Rates Go […]
Read MoreReal Estate Is Still Considered the Best Long-Term Investment
With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment […]
Read MoreOops! Home Prices Didnât Crash After All
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts: Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Business: âI expect housing prices fall 10% to 15%, and the housing prices are accelerating on […]
Read MoreReasons To Own Your Home [INFOGRAPHIC]
Some Highlights June is National Homeownership Month, and itâs 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 itâs also a big step toward having a secure and stable financial future. Are you ready to enjoy all […]
Read MoreThe True Value of Homeownership
Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, itâs the perfect time to think about all the benefits homeownership provides. Of course, there are financial reasons to buy a house, but itâs important to […]
Read More