Posts Tagged ‘Home Prices’
Don’t Wait Until Spring To Sell Your House
Kevin Brierton – 2.1.2024 As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t need to wait until spring to sell. Here’s why. 1. Take Advantage of Lower Mortgage Rates Last…
Read More3 Key Factors Affecting Home Affordability
Kevin Brierton – 1.18.2024 Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able to afford a home than…
Read MoreWays Your Home Equity Can Help You Reach Your Goals
Kevin Brierton – 1.9.2024 If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth…
Read More2023 Housing Market in Review: Looking Back on a Rough Year for Buyers
Kevin Brierton – 1.5.2024 Things are finally turning around for the better as far as housing is concerned – and it looks like they might actually stay that way this time! Mortgage rates have continued to drop over the last couple of weeks, and we are now in the ninth consecutive week of improvement. The…
Read MoreThe Perfect Home Could Be the One You Perfect After Buying
Kevin Brierton – 12.11.2023 There’s no denying mortgage rates and home prices are higher now than they were last year and that’s impacting what you can afford. At the same time, there are still fewer homes available for sale than the norm. These are two of the biggest hurdles buyers are facing today. But there are ways to overcome these things and…
Read MoreWhy You Should Use a Real Estate Agent When You Buy a Home
Kevin Brierton – 12.7.2023 If you’ve recently decided you’re ready to become a homeowner, chances are you’re trying to figure out what to do first. It can feel a bit overwhelming to know where to start, but the good news is you don’t have to navigate all of that alone. When it comes to buying a…
Read MoreWhy The No-Cost Refinance Makes Sense – Buy Now, Build Equity, and Save Big in 2024
Owning a home is a crucial part of finding financial freedom, but deciding when to make the move into homeownership is never an easy decision. That decision is especially hard today with home prices and mortgage rates at record highs. Buying a home now would likely come with a housing payment that is significantly higher…
Read MoreExperts Project Home Prices Will Rise over the Next 5 Years
Kevin Brierton – 12.4.2023 Even with so much data showing home prices are rising in most of the country, there are still a lot of people who worry there will be another price crash in the immediate future. In fact, a recent survey from Fannie Mae shows that 23% of consumers think prices will fall over the next 12 months. That’s nearly…
Read MoreIs Owning a Home Still the American Dream for Younger Buyers?
Kevin Brierton – 11.30.2023 Everyone has their idea of the American Dream, and it’s different for each person. But, in a recent survey by Bankrate, people were asked about the achievements they believe represent the American Dream the most. The answers show that owning a home still claims the #1 spot for many Americans today (see graph below):…
Read MoreAre the Top 3 Housing Market Questions on Your Mind?
Kevin Brierton – 11.28.2023 When it comes to what’s happening in the housing market, there’s a lot of confusion going around right now. You may hear one thing in conversation with your friends, see something different on the news, and read something on social media that contradicts both of those thoughts. And, if you’re thinking about making…
Read MoreHome Prices Still Growing – Just at a More Normal Pace
Kevin Brierton – 11.22.2023 If you’re feeling a bit muddy on what’s happening with home prices, that’s no surprise. Some people are still saying prices are falling, even though data proves otherwise. Part of that misconception is that people are getting their information from unreliable sources. But it’s also coming from some media coverage misrepresenting what the data…
Read MorePeople Are Still Moving, Even with Today’s Affordability Challenges
Kevin Brierton – 11.16.2023 If you’re thinking about buying or selling a home, you might have heard that it’s tough right now because mortgage rates are higher than they’ve been over the past few years, and home prices are rising. That much is true. Take a look at the graph below. It breaks down how the current affordability situation stacks up to recent…
Read MoreThese Top Cities Show Home Prices Are Still Climbing
Kevin Brierton – 11.14.2023 If you’re considering buying a home or selling your current one to find something that better suits your needs, you may have questions about what’s happening with home prices today. Here’s what you need to know. There’s still a lot of confusion and misinformation out there. So, no matter what you may have heard, the national data shows…
Read MoreLife-Changing Events That Move the Housing Market
Kevin Brierton – 11.13.2023 Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all…
Read MoreThinking About Using Your 401(k) To Buy a Home?
Kevin Brierton – 11.8.2023 Are you dreaming of buying your own home and wondering about how you’ll save for a down payment? You’re not alone. Some people think about tapping into their 401(k) savings to make it happen. But before you decide to dip into your retirement to buy a home, be sure to consider all possible alternatives and talk…
Read MoreHomeowner Net Worth Has Skyrocketed
Kevin Brierton – 11.7.2023 If you’re weighing your options to decide whether it makes more sense to rent or buy a home today, here’s one key data point that could help you feel more confident in making your decision. Every three years, the Federal Reserve Board releases the Survey of Consumer Finances (SCF). That report covers the difference in net worth…
Read MoreDon’t Believe Everything You Read About Home Prices
Kevin Brierton – 11.2.2023 According to the latest data from Fannie Mae, 23% of Americans still think home prices will go down over the next twelve months. But why do roughly 1 in 4 people feel that way? It has a lot to do with all the negative talk about home prices over the past year. Since late…
Read MoreA Real Estate Agent Helps Take the Fear Out of the Market
Kevin Brierton – 10.30.2023 Do negative headlines and talk on social media have you feeling worried about the housing market? Maybe you’ve even seen or heard something lately that scares you and makes you wonder if you should still buy or sell a home right now. Regrettably, when news in the media isn’t easy to understand, it can make people…
Read MoreAffordable Homeownership Strategies for Gen Z
Kevin Brierton – 10.26.2023 The idea of owning a home has always been a big part of the American Dream. It’s a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the “Zoomers” born between 1997 and 2012, making that dream a reality can feel like quite…
Read MoreInvest in Yourself by Owning a Home
Kevin Brierton – 10.25.2023 Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner. Home Values Appreciate Over Time There’s been a lot of confusion around what’s happened with home prices…
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