When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. … [Read more...] about Fact or Fiction: Homebuyer Edition [INFOGRAPHIC]
Buying Myths
What You Can Do Right Now To Prepare for Homeownership
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: … [Read more...] about What You Can Do Right Now To Prepare for Homeownership
Are Houses Less Affordable Than They Were in Past Decades?
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 was in 2005? What about 1995? … [Read more...] about Are Houses Less Affordable Than They Were in Past Decades?
Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: … [Read more...] about Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes
Waiting To Buy a Home Could Cost You [INFOGRAPHIC]
If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. … [Read more...] about Waiting To Buy a Home Could Cost You [INFOGRAPHIC]
What You Should Do Before Interest Rates Rise
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if … [Read more...] about What You Should Do Before Interest Rates Rise
Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]
Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. … [Read more...] about Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]
Diving Deep into Today’s Biggest Buyer Concerns
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those … [Read more...] about Diving Deep into Today’s Biggest Buyer Concerns
Pre-Approval Makes All the Difference When Buying a Home
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 … [Read more...] about Pre-Approval Makes All the Difference When Buying a Home
Hope Is on the Horizon for Today’s Housing Shortage
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 … [Read more...] about Hope Is on the Horizon for Today’s Housing Shortage
