Home Sales About To Surge? We May See a Winter Like Never Before.

Experts predict that with buyer demand being extremely strong, home sales are about to surge. It appears we may soon see a somewhat uncharacteristic increase in homes for sale. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do …

Are Houses Less Affordable Than They Were in Past Decades?

Are houses less affordable than in years past? 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 to buy a house today than it …

Real Estate Market: 4 Key Trends

As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage …

The Truths Young Homebuyers Need To Hear

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 by $100k or …

Homeownership Today: 6 Foundational Benefits

Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health crisis. Thinking about homeownership today, 65.8% of Americans are fortunate enough to call …

Want to Build Wealth? Buy a Home This Year.

Want to build 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 likely take into consideration monthly housing costs, tax advantages, and other …

What’s the Difference between an Appraisal and a Home Inspection?

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. …

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