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Move-Up Buyers

Market Conditions

Finding Your Perfect Home in a Fixer Upper

If you’re trying to buy a home and are having a hard time finding one you can afford, it may be time to consider a fixer-upper.

Posted on 
March 11, 2024
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Market Conditions

The Benefits of Downsizing When You Retire

If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal.

Posted on 
March 7, 2024
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Bridging the Gaps on the Road to Homeownership

Homeownership is a major part of the American Dream.

Posted on 
February 13, 2024
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The Top Benefits of Buying a Multi-Generational Home

Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind?

Posted on 
January 25, 2024
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Are More Homeowners Selling as Mortgage Rates Come Down?

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability.

Posted on 
January 24, 2024
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Market Conditions

3 Key Factors Affecting Home Affordability

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten.

Posted on 
January 18, 2024
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Homeownership Is Still at the Heart of the American Dream

Buying a home is a powerful decision, and it remains at the heart of the American Dream.

Posted on 
January 15, 2024
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Avoid These Common Mistakes After Applying for a Mortgage

If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own.

Posted on 
January 10, 2024
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Market Conditions

Ways Your Home Equity Can Help You Reach Your Goals

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity.

Posted on 
January 9, 2024
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Market Conditions

What Lower Mortgage Rates Mean for Your Purchasing Power

If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month.

Posted on 
January 8, 2024
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Market Conditions

Why Pre-Approval Is Your Homebuying Game Changer

If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip.

Posted on 
January 4, 2024
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Market Conditions

Thinking About Buying a Home? Ask Yourself These Questions

If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market.

Posted on 
January 3, 2024
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Market Conditions

What You Need To Know About Saving for a Home in 2024

If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be.

Posted on 
December 28, 2023
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Market Conditions

Get Ready To Buy a Home by Improving Your Credit Score

As the new year approaches, the idea of buying a home might be on your mind.

Posted on 
December 26, 2023
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Market Conditions

These Non-Financial Benefits Turn a House into a Happy Home

There’s no denying the long-termfinancial benefitsof owning a home, but today’s housing market may have you wondering if now’s still the time to buy.

Posted on 
December 25, 2023
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Market Conditions

Down Payment Assistance Programs Can Help Pave the Way to Homeownership

If you’re looking to buy a home, your down payment doesn’t have to be a big hurdle.

Posted on 
December 12, 2023
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Market Conditions

The Perfect Home Could Be the One You Perfect After Buying

There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford.

Posted on 
December 11, 2023
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Market Conditions

Why You Need To Use a Real Estate Agent When You Buy a Home

If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first.

Posted on 
December 7, 2023
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Market Conditions

How To Turn Homeownership into a Side Hustle

Does the rising cost of just about everything these days make your dream of owning your own home feel less within reach?

Posted on 
December 6, 2023
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Market Conditions

Are The Top 3 Housing Market Questions on Your Mind?

When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now.

Posted on 
November 28, 2023
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Market Conditions

Is Wall Street Buying Up All the Homes in America?

If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision.

Posted on 
November 27, 2023
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Market Conditions

Life-Changing Events That Move the Housing Market

Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest.

Posted on 
November 13, 2023
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Market Conditions

How VA Loans Can Help Make Homeownership Dreams Come True

For more than 79 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes.

Posted on 
November 9, 2023
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Market Conditions

Thinking About Using Your 401(k) To Buy a Home?

Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You're not alone.

Posted on 
November 8, 2023
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Market Conditions

Homeowner Net Worth Has Skyrocketed

If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision.

Posted on 
November 7, 2023
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Market Conditions

Are You a Homebuyer Worried About Climate Risks?

The increasing effects of natural disasters are leading to new obstacles in residential real estate.

Posted on 
October 5, 2023
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Understanding the Benefits of Owning Your First Home

Are you considering buying your first home?

Posted on 
October 4, 2023
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Market Conditions

Unpacking the Long-Term Benefits of Homeownership

If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now.

Posted on 
October 2, 2023
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Market Conditions

The Return of Normal Seasonality for Home Price Appreciation

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices?

Posted on 
September 26, 2023
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Market Conditions

Beginning with Pre-Approval

If you’re looking to buy a home this fall, there are a few things you need to know.

Posted on 
September 25, 2023
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Market Conditions

What Experts Project for Home Prices Over the Next 5 Years

If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment.

Posted on 
September 12, 2023
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Market Conditions

Equity Is a Game Changer for Homeowners Looking To Sell

If you’re a homeowner, you might be torn on whether or not to sell your house right now.

Posted on 
August 15, 2023
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Market Conditions

Four Ways You Can Use Your Home Equity

If you’re a homeowner, odds are your equity has grown significantly over the last few years.

Posted on 
August 7, 2023
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Market Conditions

How Inflation Affects Mortgage Rates

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed).

Posted on 
August 3, 2023
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Market Conditions

Two Questions To Ask Yourself if You’re Considering Buying a Home

If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market.

Posted on 
July 5, 2023
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Market Conditions

Evaluating Your Wants and Needs as a Homebuyer Matters More Today

When it comes to buying a home, especially with today’s affordability challenges, you’ll want to be strategic.

Posted on 
July 3, 2023
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Market Conditions

Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.

Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market?

Posted on 
June 29, 2023
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Market Conditions

What Homebuyers Need To Know About Credit Scores

If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan.

Posted on 
June 22, 2023
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Market Conditions

Saving for a Down Payment? Here’s What You Need To Know.

If you're planning to buy your first home, then you're probably focused on saving for all the costs involved in such a big purchase.

Posted on 
June 19, 2023
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Market Conditions

A Drop in Equity Doesn’t Mean Low Equity

You may see media coverage talking about a drop in homeowner equity.

Posted on 
June 14, 2023
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Market Conditions

Your Needs Matter More Than Today’s Mortgage Rates

If you’re thinking about selling your house right now, chances are it’s because something in your life has changed.

Posted on 
June 13, 2023
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Market Conditions

Are Home Prices Going Up or Down? That Depends…

Media coverage about what’s happening with home prices can be confusing.

Posted on 
June 12, 2023
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Market Conditions

Real Estate Is Still Considered the Best Long-Term Investment

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now.

Posted on 
June 6, 2023
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Market Conditions

Why Buyers Need an Expert Agent by Their Side

The process of buying a home can feel a bit intimidating, even under normal circumstances.

Posted on 
May 22, 2023
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Market Conditions

Homeowners Have Incredible Equity To Leverage Right Now

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity.

Posted on 
May 15, 2023
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Market Conditions

The Three Factors Affecting Home Affordability Today

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers.

Posted on 
April 26, 2023
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Market Conditions

The Power of Pre-Approval

If you’re buying a home this spring, today’s housing market can feel like a challenge.

Posted on 
April 24, 2023
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Market Conditions

Think Twice Before Waiting for Lower Home Prices

As the housing market continues to change, you may be wondering where it’ll go from here.

Posted on 
April 17, 2023
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Market Conditions

Your Tax Refund Can Help You Achieve Your Homebuying Goals

Have you been saving up to buy a home this year?

Posted on 
April 12, 2023
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Market Conditions

Trying To Buy a Home? Hang in There.

We’re still in a sellers’ market.

Posted on 
April 6, 2023
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Market Conditions

Why Buying a Home Is a Sound Decision

If you’re thinking about buying a home, you want to know the decision will be a good one.

Posted on 
March 23, 2023
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Market Conditions

What Buyer Activity Tells Us About the Housing Market

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. 

Posted on 
March 16, 2023
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Market Conditions

An Expert Gives You Clarity in Today’s Housing Market

<p>The housing market has been going through shifts lately.</p>

Posted on 
March 14, 2023
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Market Conditions

Leverage Your Equity When You Sell Your House

<p>One of the benefits of being a homeowner is that you build equity over time.&nbsp;</p>

Posted on 
March 13, 2023
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Market Conditions

Leverage Your Equity When You Sell Your House

<p>One of the benefits of being a homeowner is that you build equity over time.&nbsp;</p>

Posted on 
March 13, 2023
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Market Conditions

4 Tips for Making Your Best Offer on a Home

<p>Are you planning to buy a home this spring?</p>

Posted on 
March 9, 2023
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Market Conditions

Could a Multigenerational Home Be the Right Fit for You?

<p>During the pandemic, many of us reexamined the meaning of <em>home</em> for ourselves and our loved ones.&nbsp;</p>

Posted on 
March 7, 2023
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Market Conditions

Could a Multigenerational Home Be the Right Fit for You?

<p>During the pandemic, many of us reexamined the meaning of <em>home</em> for ourselves and our loved ones.&nbsp;</p>

Posted on 
March 7, 2023
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Market Conditions

Is It Really Better To Rent Than To Own a Home Right Now?

You may have seen reports in the news recently saying it’s better to rent right now than it is to <a href="https://www.simplifyingthemarket.com/2023/02/23/how-to-make-your-dream-of-homeownership-a-reality/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">own your home</a>. But before you let that impact your decisions, you should understand what these claims are based on.

Posted on 
March 6, 2023
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Market Conditions

Equity Gains for Today’s Homeowners

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your <a href="https://www.simplifyingthemarket.com/2023/02/27/one-major-benefit-of-investing-in-a-home/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">net worth</a> got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

Posted on 
March 2, 2023
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Market Conditions

What You Should Know About Rising Mortgage Rates

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential <a href="https://www.simplifyingthemarket.com/2023/02/14/why-its-easy-to-fall-in-love-with-homeownership-1/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">homebuyers</a> as the combination of higher mortgage rates and higher <a href="https://www.simplifyingthemarket.com/2023/02/16/wondering-whats-going-on-with-home-prices/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">prices</a> 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.

Posted on 
February 28, 2023
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Market Conditions

One Major Benefit of Investing in a Home

One of the many reasons to buy a home is that it’s a major way to <a href="https://www.simplifyingthemarket.com/2023/01/27/homeownership-builds-your-wealth-over-time-infographic/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">build wealth</a> and gain financial stability. According to <a href="https://myhome.freddiemac.com/owning/equity-and-appreciation.html"><em>Freddie Mac</em></a>:

Posted on 
February 27, 2023
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Market Conditions

How To Make Your Dream of Homeownership a Reality

According to a recent <em>Harris Poll </em>survey, <a href="https://www.nerdwallet.com/article/mortgages/2023-home-buyer-report">8 in 10</a> 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 <a href="https://www.simplifyingthemarket.com/2022/12/22/what-makes-a-house-a-home/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">benefits</a>, so that interest is understandable.

Posted on 
February 23, 2023
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Market Conditions

Should You Consider Buying a Newly Built Home?

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale <a href="https://www.simplifyingthemarket.com/2023/02/09/why-todays-housing-market-isnt-headed-for-a-crash/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">today</a>, it makes sense to consider all your options, and that includes a home that’s newly built.

Posted on 
February 15, 2023
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Market Conditions

Why It’s Easy To Fall in Love with Homeownership

<p>No matter how the housing market changes, there are some things about <a href="https://www.simplifyingthemarket.com/2023/01/24/the-3-factors-that-affect-home-affordability/" rel="noopener noreferrer" target="_blank?a=712644-838b6c55a1809c97da6d61c83d33dbdc">owning a home</a> that never change—like the personal benefits it can provide. When you&nbsp;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.</p>

Posted on 
February 14, 2023
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Market Conditions

Why It’s Easy To Fall in Love with Homeownership

<p>No matter how the housing market changes, there are some things about <a href="https://www.simplifyingthemarket.com/2023/01/24/the-3-factors-that-affect-home-affordability/" rel="noopener noreferrer" target="_blank?a=712644-838b6c55a1809c97da6d61c83d33dbdc">owning a home</a> that never change—like the personal benefits it can provide. When you&nbsp;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.</p>

Posted on 
February 14, 2023
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Market Conditions

What You Should Know About Closing Costs

Before you buy a home, it’s important to <a href="https://www.simplifyingthemarket.com/2023/02/10/how-to-win-as-a-buyer-in-todays-housing-market-infographic/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">plan ahead</a>. While most buyers consider how much they need to save for a <a href="https://www.simplifyingthemarket.com/2023/02/03/you-may-not-need-as-much-as-you-think-for-your-down-payment-infographic/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">down payment</a>, 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 <strong>what closing costs are and how much you should budget for</strong>.

Posted on 
February 13, 2023
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Market Conditions

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

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.

Posted on 
February 7, 2023
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Market Conditions

Lower Mortgage Rates Are Bringing Buyers Back to the Market

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.

Posted on 
January 31, 2023
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Market Conditions

Where Will You Go If You Sell? You Have Options.

There are plenty of good reasons you might be ready to move. No matter <a href="https://www.simplifyingthemarket.com/2023/01/02/what-are-your-goals-in-the-housing-market-this-year/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">your motivations</a>, before you list your current house, you need to consider where you’ll go next.

Posted on 
January 30, 2023
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Market Conditions

Why It Makes Sense To Move Before Spring

Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up.

Posted on 
January 26, 2023
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Market Conditions

The 3 Factors That Affect Home Affordability

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to <a href="https://www.simplifyingthemarket.com/2023/01/09/what-experts-are-saying-about-the-2023-housing-market/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">experts</a>, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at <em>CoreLogic</em>, <a href="https://www.corelogic.com/intelligence/u-s-home-price-insights-january-2023/">shares</a>:

Posted on 
January 24, 2023
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Market Conditions

Pre-Approval in 2023: What You Need To Know

One of the first steps in your <a href="https://www.simplifyingthemarket.com/2023/01/06/tips-to-reach-your-homebuying-goals-in-2023-infographic/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">homebuying journey</a> is getting pre-approved. To understand why it’s such an important step, you need to understand what <a href="https://www.simplifyingthemarket.com/2022/12/26/financial-fundamentals-for-first-time-homebuyers/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">pre-approval</a> is and what it does for you. <em>Business Insider </em><a href="https://www.businessinsider.com/personal-finance/mortgage-preapproval">explains</a>:

Posted on 
January 19, 2023
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Market Conditions

Think Twice Before Waiting for 3% Mortgage Rates

Last year, the <em>Federal Reserve</em> took action to try to bring down inflation. In response to those efforts, <a href="https://www.simplifyingthemarket.com/2022/12/21/what-to-expect-from-the-housing-market-in-2023/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">mortgage rates</a> jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% <a href="https://www.freddiemac.com/pmms/archive">last October</a>. Hopeful <a href="https://www.simplifyingthemarket.com/2023/01/04/avoid-the-rental-trap-in-2023/?a=712644-838b6c55a1809c97da6d61c83d33dbdc">buyers</a> experienced a hit to their purchasing power as a result, and some decided to press pause on their plans.

Posted on 
January 17, 2023
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Market Conditions

What Makes a House a Home?

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories […]

Posted on 
December 22, 2022
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Market Conditions

Mortgage Rates Are Dropping. What Does That Mean for You?

Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), […]

Posted on 
December 19, 2022
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Market Conditions

Planning to Retire? It Could Be Time To Make a Move.

If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are a […]

Posted on 
December 15, 2022
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Market Conditions

You May Have More Negotiation Power When You Buy a Home Today

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from […]

Posted on 
December 14, 2022
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Market Conditions

Homeownership Is an Investment in Your Future

There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong. […]

Posted on 
December 8, 2022
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Key Advantages of Buying a Home Today

There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due […]

Posted on 
December 7, 2022
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Market Conditions

Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this […]

Posted on 
December 5, 2022
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What You Want To Know If You’re Pursuing Your Dream of Homeownership

If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report […]

Posted on 
December 1, 2022
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3 Ways You Can Use Your Home Equity

If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity […]

Posted on 
November 29, 2022
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Market Conditions

What Buyers Need To Know About the Inventory of Homes Available for Sale

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market. If this sounds like you, here’s one key factor that could help you with your decision: there are more homes for […]

Posted on 
November 23, 2022
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Market Conditions

What Homeowners Want To Know About Selling in Today’s Market

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers […]

Posted on 
November 22, 2022
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Market Conditions

Mortgage Rates Will Come Down, It’s Just a Matter of Time

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power […]

Posted on 
November 21, 2022
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Market Conditions

Why It May Be Time To Add Newly Built Homes to Your Search

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options and […]

Posted on 
November 15, 2022
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Market Conditions

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should know about VA loans before you start the homebuying […]

Posted on 
November 10, 2022
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Market Conditions

What’s Ahead for Mortgage Rates and Home Prices?

Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your […]

Posted on 
November 9, 2022
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Market Conditions

The Majority of Americans Still View Homeownership as the American Dream

Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue to value […]

Posted on 
November 8, 2022
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Market Conditions

Key Factors Affecting Home Affordability Today

Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here […]

Posted on 
November 7, 2022
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Market Conditions

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how […]

Posted on 
November 3, 2022
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Market Conditions

Sell Your House Before the Holidays

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, […]

Posted on 
November 2, 2022
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Market Conditions

3 Trends That Are Good News for Today’s Homebuyers

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends […]

Posted on 
November 1, 2022
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Market Conditions

Taking the Fear out of Saving for a Home

If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter.  And to do that, turn to trusted real estate professionals. […]

Posted on 
October 31, 2022
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Market Conditions

Pre-Approval Is a Critical First Step on Your Homebuying Journey

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why […]

Posted on 
October 24, 2022
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Market Conditions

Should You Still Buy a Home with the Latest News About Inflation?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost […]

Posted on 
October 19, 2022
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Market Conditions

The Latest on Supply and Demand in Housing

Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are today. This year, […]

Posted on 
October 18, 2022
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Market Conditions

The Emotional and Non-financial Benefits of Homeownership

With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership. Homeowners Can Make Their […]

Posted on 
October 17, 2022
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Market Conditions

Perspective Matters When Selling Your House Today

Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale […]

Posted on 
October 13, 2022
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