<imgsrc="" alt="a house with a blue sky and clouds"> Understanding the Timing of Homeownership The decision to purchase a home is often fraught with complexity, influenced by market conditions, personal finances, and long-term goals. It's a significant choice with potential for substantial financial growth, yet it requires careful consideration. One critical aspect that … [Read more...] about Why Buying Now Is Worth It
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Why Did More People Decide To Sell Their Homes Recently?
Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall. It’s a predictable, seasonal trend in real estate. But this year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes … [Read more...] about Why Did More People Decide To Sell Their Homes Recently?
The Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too.According to the latest data from Redfin, the typical down payment for U.S. … [Read more...] about The Benefits of Using Your Equity To Make a Bigger Down Payment
Why an Agent Is Essential When Buying a Newly Built Home
For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says:“As resale inventory remains limited and the price spread between new and resale homes narrows, … [Read more...] about Why an Agent Is Essential When Buying a Newly Built Home
Why a Condo Could Be Your Perfect First Home
If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner.Since they're usually smaller than single-family homes, … [Read more...] about Why a Condo Could Be Your Perfect First Home