Auto Added by WPeMatico

93% of Americans Believe a Home Is a Better Investment Than Stocks

By |2021-04-14T03:00:09-07:00April 14th, 2021|Categories: First Time Home Buyers, For Buyers, For Sellers, Move-Up Buyers, Real Estate, Rent vs. Buy|

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment [...]

Multigenerational Housing Is Gaining Momentum [INFOGRAPHIC]

By |2021-04-09T03:00:27-07:00April 9th, 2021|Categories: Baby Boomers, Demographics, For Buyers, For Sellers, Generation X, Housing Market Updates, Infographics, Millennials, Move-Up Buyers, Real Estate, Senior Market|

Some Highlights If your house is feeling a little cramped with the addition of adult children or aging parents, it might be time to consider a move-up into a multigenerational home that better suits your changing needs. With benefits that include a combined homebuying budget and shared caregiving duties, an increasing number of households are [...]

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

By |2021-04-05T03:00:50-07:00April 5th, 2021|Categories: Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans [...]

Buyer Competition Is Good News for Sellers [INFOGRAPHIC]

By |2021-04-02T03:00:56-07:00April 2nd, 2021|Categories: For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Real Estate|

Some Highlights With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR), on average, houses are receiving over four offers from buyers and [...]

How a Change in Mortgage Rate Impacts Your Homebuying Budget

By |2021-03-30T03:00:40-07:00March 30th, 2021|Categories: First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing, Real Estate|

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased [...]

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

By |2021-03-24T03:00:40-07:00March 24th, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Pricing, Real Estate|

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house. Buyers would then try to determine how much less than the full price [...]

What Credit Score Do You Need for a Mortgage?

By |2021-03-22T03:00:40-07:00March 22nd, 2021|Categories: Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for [...]

Americans See Major Home Equity Gains [INFOGRAPHIC]

By |2021-03-19T03:00:21-07:00March 19th, 2021|Categories: For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing, Real Estate|

Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a down payment on the home of your [...]

How to Make a Winning Offer on a Home

By |2021-03-15T03:00:15-07:00March 15th, 2021|Categories: First Time Home Buyers, For Buyers, Move-Up Buyers, Real Estate|

Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home. Here are five tips for success in this critical [...]

How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]

By |2021-03-12T04:00:55-07:00March 12th, 2021|Categories: First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Real Estate|

Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain confidence in the homebuying process. If you’re looking [...]