Saturday Strategy
Mortgage FAQ's, did you knows and much more...
Where Will You Go If You Sell? Newly Built Homes Might Be the Answer.
Kevin Brierton – 6.29.2023 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? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the…
Lending Standards Are Not Like They Were Leading Up to the Crash
Kevin Brierton – 6.28.2023 You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008. One of which is how lending standards are different today. Here’s a look at the data to help prove it. Every month, the Mortgage…
Why Homeownership Wins in the Long Run
Kevin Brierton – 6.27.2023 Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if…
The True Cost of Selling Your House on Your Own
Kevin Brierton – 6.26.2023 Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as an FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what…
What Homebuyers Need To Know About Credit Scores
Kevin Brierton – 6.22.2023 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. Lenders review your credit to assess your ability to make payments on time, pay back debts, and more. It’s also a factor that…
Eco-Friendly, Energy-Efficient Homes Attract Buyers
Kevin Brierton – 6.21.2023 Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtors (NAR) shows…
Why the Median Home Price Is Meaningless in Today’s Market
Kevin Brierton – 6.20.2023 The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing,…
Saving for a Down Payment? Here’s What You Need To Know.
Kevin Brierton – 6.19.2023 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. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save…
Why Buying or Selling a Home Helps the Economy and Your Community
Kevin Brierton – 6.15.2023 If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates that…
A Drop in Equity Doesn’t Mean Low Equity
Kevin Brierton – 6.14.2023 You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. …
P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!