Move-Up Buyers Archives - Page 8 of 92

What You Should Know About Rising Mortgage Rates

February 28, 2023

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.

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One Major Benefit of Investing in a Home

February 27, 2023

One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:

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How To Make Your Dream of Homeownership a Reality

February 23, 2023

According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable.

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The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]

February 17, 2023

Some Highlights

The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy.
The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.

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Should You Consider Buying a Newly Built Home?

February 15, 2023

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.

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[:en]Why It’s Easy To Fall in Love with Homeownership[:]

February 14, 2023

[:en]No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours.

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Why It’s Easy To Fall in Love with Homeownership

February 14, 2023

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What You Should Know About Closing Costs

February 13, 2023

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.

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How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC]

February 10, 2023

Some Highlights

In today’s housing market, you can still be the champion if you have the right team and strategy.
To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd.

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How Experts Can Help Close the Gap in Today’s Homeownership Rate

February 7, 2023

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.

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You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

February 3, 2023

Some Highlights

Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.

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Lower Mortgage Rates Are Bringing Buyers Back to the Market

January 31, 2023

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling.