Saturday Strategy
Mortgage FAQ's, did you knows and much more...
3 Ways You Can Use Your Home Equity
Kevin Brierton – 11.29.2022 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…
Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays
Kevin Brierton – 11.28.2022 Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase…
What Buyers Need To Know About the Inventory of Homes Available for Sale
Kevin Brierton – 11.23.2022 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…
What Homeowners Want To Know About Selling in Today’s Market
Kevin Brierton – 11.22.2022 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…
Mortgage Rates Will Come Down, It’s Just a Matter of Time
Kevin Brierton – 11.21.2022 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…
More People Are Finding the Benefits of Multigenerational Households Today
Kevin Brierton – 11.17.2022 If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has increased over the past 50 years.…
Top Questions About Selling Your Home This Winter
Kevin Brierton – 11.16.2022 There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking – and the data that helps answer them – so you…
Why It May Be Time To Add Newly Built Homes to Your Search
Kevin Brierton – 11.15.2022 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…
Home Equity: A Source of Strength for Homeowners Today
Kevin Brierton – 11.14.2022 Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in this housing cycle have been much tighter…
Why Slowing Inflation Lead To A Record One-Day Drop In Mortgage Rates
After consumer data showed that inflation cooled in October, mortgage rates fell on Thursday by their biggest margin EVER, according to data from Mortgage Daily News (MDN). The Consumer Price Index (CPI) data released on Nov. 10 showed that year-over-year inflation grew by 7.7 percent in October. This marks a decrease from the 8.2 percent we saw…
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!