Posts Tagged ‘Home’
Your Home Equity Can Offset Affordability Challenges
Kevin Brierton – 9.19.2023 Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now,…
Read MoreShould Baby Boomers Buy or Rent After Selling Their Houses?
Kevin Brierton – 9.13.2023 Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more…
Read MoreWhat Experts Project for Home Prices Over the Next 5 Years
Kevin Brierton – 9.12.2023 If you’re planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen negative news over the past year about home prices, they’re doing far better than expected and are rising across the country. And…
Read MorePlanning to Retire? Your Equity Can Help You Make a Move
Kevin Brierton – 9.11.2023 Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, you may be in a better position…
Read MoreMortgage Rates: Past, Present, and Possible Future
Kevin Brierton – 9.6.2023 If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates…
Read MoreLook Beyond Rates: The Keys to Picking the Right Mortgage Lender
In an environment where mortgage rates are rising, many homebuyers decide that getting the lowest interest rate is the most important factor when choosing a mortgage lender. And while a competitive rate is important and should be considered when shopping for a home loan, focusing solely on the rate and ignoring other important parts of…
Read MoreExpert Home Price Forecasts Revised Up for 2023
Kevin Brierton – 9.5.2023 Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got…
Read MoreWarren Buffett and Goldman Sachs Do Not Think Home Prices Will Fall – What Are They Seeing?
The U.S. housing market is going through a crucial period in 2023, and there are a lot of conflicting opinions about where things are headed. Some believe that the trajectory of home prices over the last few years means we are due for a market correction, while others look at supply and demand data and…
Read MoreWhy You May Still Want To Sell Your House After All
Kevin Brierton – 8.29.2023 Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: “Deciding whether…
Read MoreMore Jobs and Better Pay Leads to More Buyer Demand
Kevin Brierton – 8.24.2023 There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house. More…
Read MoreWhy You Need a True Expert in Today’s Housing Market
Kevin Brierton – 8.23.2023 The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission-critical to work with an expert who can…
Read MoreWhy Median Home Sales Price Is Confusing Right Now
Kevin Brierton – 8.21.2023 The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for homes that have previously been owned. In the upcoming release, it’ll likely say home prices are down. This may seem a bit confusing, especially…
Read MorePeople Want Less Expensive Homes – And Builders Are Responding
Kevin Brierton – 8.17.2023 In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. To overcome those challenges, many people are working with their agents to find less expensive homes. And with newly built homes making up a…
Read MoreThe Value of an Agent When Buying Your New Construction Home
Kevin Brierton – 8.9.2023 Buying a new construction home can be an exciting experience. From being the very first owner, to customizing your home’s features, there are a lot of benefits. But navigating the complexities of buying a home that’s under construction can also be a bit overwhelming. This is where a skilled real estate agent can…
Read MoreFour Ways You Can Use Your Home Equity
Kevin Brierton – 8.7.2023 If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think. According to the latest Equity Insights Report from CoreLogic, the average homeowner…
Read MoreHow Inflation Affects Mortgage Rates
Kevin Brierton – 8.3.2023 When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here’s what you need to know. The Fed is trying hard to reduce inflation. And even…
Read MoreHow To Know If You’re Ready to Buy a Home
Kevin Brierton – 8.2.2023 If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. You’re thinking about your finances, today’s mortgage rates and home prices, the limited supply of homes for sale, and more. And, you’re juggling how all of those things will impact the choice you’ll make. While housing…
Read MoreTips for Making Your Best Offer on a Home
Kevin Brierton – 7.26.2023 While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may…
Read MoreForeclosure Numbers Today Aren’t Like 2008
Kevin Brierton – 7.24.2023 If you’ve been keeping up with the news lately, you’ve probably come across headlines talking about the increase in foreclosures in today’s housing market. This may have left you with some uncertainty, especially if you’re considering buying a home. It’s important to understand the context of these reports to know the truth…
Read MoreOwning Your Home Helps You Build Wealth
Kevin Brierton – 7.20.2023 You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment that helps your net worth grow over time. Homeownership Builds Wealth Regardless of…
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