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With Rents on the Rise – Is Now the Time To Buy?

By |2021-08-03T03:00:53-07:00August 3rd, 2021|Categories: First Time Home Buyers, For Buyers, Pricing, Real Estate, Rent vs. Buy|

According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to pre-pandemic levels, rents across the country are surging. Typically, rents fluctuate less than [...]

Key Questions To Ask Yourself Before Buying a Home

By |2021-08-02T03:00:28-07:00August 2nd, 2021|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. Before you decide whether you’re ready to buy [...]

Waiting To Buy a Home Could Cost You [INFOGRAPHIC]

By |2021-07-30T03:00:43-07:00July 30th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on [...]

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

By |2021-07-16T03:00:10-07:00July 16th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. Although the supply increases are modest, more homes means more options for buyers. A rise in inventory [...]

Diving Deep into Today’s Biggest Buyer Concerns

By |2021-07-15T03:00:30-07:00July 15th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad [...]

The Truths Young Homebuyers Need To Hear

By |2021-07-07T03:00:45-07:00July 7th, 2021|Categories: Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, Interest Rates, Millennials, Pricing, Real Estate, Rent vs. Buy|

For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 underestimated their buying potential by $150k or more” “1 in 4 underestimated the increase in value [...]

Homebuyers: Hang in There [INFOGRAPHIC]

By |2021-06-25T03:00:17-07:00June 25th, 2021|Categories: First Time Home Buyers, For Buyers, Infographics, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges.

Homeowner Wealth Increases Through Growing Equity This Year

By |2021-06-23T03:00:11-07:00June 23rd, 2021|Categories: First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their [...]

Pre-Approval Makes All the Difference When Buying a Home

By |2021-06-22T03:00:58-07:00June 22nd, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand [...]

5 Things Homebuyers Need To Know When Making an Offer

By |2021-06-21T03:00:51-07:00June 21st, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in [...]