Reasons to Fall in Love with Homeownership

By | Buying A Home, General

  Some Highlights: There are many benefits to love about homeownership, and they’re not all financial. Being a part of a neighborhood, driving academic achievement, and improving mental health are just a few of these advantages. Reach out to a local real estate professional today to determine if you’re ready to embrace the rewards of… Continued

February 14, 2020

How Buyers Can Win By Downsizing in 2020

By | Buying A Home, General, Selling Your Home

Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built significant equity in your home. Here’s some more good news: mortgage rates are expected to remain low throughout 2020 at an average of 3.8% for a… Continued

January 22, 2020

Housing Inventory Vanishing: What Is the Impact on You?

By | Buying A Home, General, Selling Your Home

  The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 is beginning with the lowest available housing inventory in two years. The report explains: “Last month… Continued

January 16, 2020

2020 Luxury Market Forecast

By | Buying A Home, General

By the end of last year, many homeowners found themselves with more equity than they realized, and at the same time their wages were increasing. When those two factors unite, it can spark homeowners to think about making a move to a larger or more expensive home in the luxury space. That said, now is… Continued

January 14, 2020

Buying a Home Early Can Significantly Increase Future Wealth

By | Buying A Home, General

  According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well within “Generation Z,” the demographic cohort following Millennials. Our survey…finds… Continued

January 13, 2020

Big Demand for Small Homes

By | General

  Movies, tv shows, and celebrities often have us dreaming of owning large homes, but the reality for most people is quite different. Since 2015, the square footage of newly built houses has been shrinking, according to Yahoo Finances. This is not projected to change as we continue into the beginning of the year. “We expect… Continued

January 7, 2020

December 2019: The Buyer Stakes Are High Because Inventory Is Low

By | Buying A Home, General

  The reality of what we’re seeing this month is that homes are selling fast. In today’s strong seller’s market, bidding wars are common and expected with starter or entry-level homes. In most areas of the country, first-time buyers have been met with fierce competition throughout their homebuying experience. Some have been out-bid multiple times before finally… Continued

December 16, 2019