Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners … [Read more...]
A Look at Homeowners’ Positive Equity Gains over the Past 12 Months
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home … [Read more...]
4 Reasons Why This Winter Is The Best Time To Sell Your Home
As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house. You also want … [Read more...]
111,285 Reasons to Buy a Home in 2021
The 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 … [Read more...]
What Home Price Appreciation Means for Sellers
When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your … [Read more...]
How Affordable Are Houses Today Compared to Prior Decades? (1975-2021)
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive … [Read more...]
Mortgage Forbearances Will Not Lead to a Foreclosure Crisis. Here Are 4 Reasons Why…
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There … [Read more...]
Update on Housing Supply and Its Impact on Home Sellers
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is … [Read more...]
Americans Rank Non-Financial and Personal Benefits of Homeownership as Most Valuable
Homeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of … [Read more...]
Home Price Appreciation Appears to be Accelerating Again
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to … [Read more...]
Four Reasons a 20% Down Payment is a Good Idea
If you’re thinking of buying a home this year, you may be wondering how much money you need to come up with for your down payment. Many people may think it’s 20% of the loan to secure a mortgage. While there are plenty of lower down payment … [Read more...]
By The Numbers: Sellers’ Market [INFOGRAPHIC]
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple … [Read more...]
Buying a Home is a Path to Generating Long-Term Wealth
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most … [Read more...]
How Record-Low Housing Inventory Affects Buyers and Sellers
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the … [Read more...]
