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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 […]
The Truths Young Homebuyers Need To Hear Read More »
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 qualit…
Homebuyers: Hang in There [INFOGRAPHIC] Read More »
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 […]
Homeowner Wealth Increases Through Growing Equity This Year Read More »
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 […]
Pre-Approval Makes All the Difference When Buying a Home Read More »
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 […]
5 Things Homebuyers Need To Know When Making an Offer Read More »
Some Highlights
When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation.
On the other hand, when you own your home, you build your own wealth, your monthl…
Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC] Read More »
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start questioning affordability in the current housing […]
Housing Wealth: The Missing Piece of the Affordability Equation Read More »
The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below […]
Hope Is on the Horizon for Today’s Housing Shortage Read More »
Some Highlights
June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home.
If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been searchin…
Top Reasons To Own Your Home [INFOGRAPHIC] Read More »
Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of Americans call their homes their own, a rate that has risen to its highest point […]
6 Reasons to Celebrate National Homeownership Month Read More »
