Posts Tagged ‘Homebuyer’
3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008
Kevin Brierton – 10.26.2022 With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news…
Read MoreWhat Happens to Housing when There’s a Recession?
Kevin Brierton – 10.25.2022 Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be mild and the economy would rebound…
Read MorePre-Approval Is a Critical First Step on Your Homebuying Journey
Kevin Brierton – 10.24.2022 If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s…
Read MoreHow to Benefit From a 1031 Exchange
Kevin Brierton – 10.21.2022 A 1031 Exchange could allow you to defer the capital gains tax on the sale of investment property if you roll over all the sales proceeds into a new investment property. Here’s how it works: The buyer of the investment property that you’re selling gives his/her funds to a “qualified intermediary”…
Read MoreWhat’s Ahead for Home Prices?
Kevin Brierton – 10.20.2022 As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely…
Read MoreShould You Still Buy a Home with the Latest News About Inflation?
Kevin Brierton – 10.19.2022 While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling the impact in your day-to-day life as you watch the cost of…
Read MoreThe Latest on Supply and Demand in Housing
Kevin Brierton – 10.18.2022 Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are…
Read MoreThe Emotional and Non-financial Benefits of Homeownership
Kevin Brierton – 10.17.2022 With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership. Homeowners Can Make…
Read MorePerspective Matters When Selling Your House Today
Kevin Brierton – 10.13.2022 Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways a trusted real estate professional can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for…
Read MoreFour Things That Help Determine Your Mortgage Rate
Kevin Brierton – 10.12.2022 If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. If you’re looking for ways to combat…
Read MoreWhat Are Experts Saying About the Fall Housing Market?
Kevin Brierton – 10.11.2022 The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean on the professionals for insights. Here are a few things experts…
Read MoreSaving for a Down Payment? Here’s What You Should Know.
Kevin Brierton – 10.10.22 As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally…
Read MoreTwo Questions Every Homebuyer Should Ask Themselves Right Now
Kevin Brierton – 10.06.2022 Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people who want to purchase a home priced out of the market and others wondering if now is the time to buy one. But this rise in…
Read MoreThe Long-Term Benefit of Homeownership
Kevin Brierton – 10.05.2022 Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns 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 factor the long-term benefits of homeownership into your decision. Consider this: if you know people who…
Read MoreThe Cost of Waiting for Mortgage Rates To Go Down
Kevin Brierton – 10.04.2022 Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage…
Read MoreHow To Prep Your House for Sale This Fall
Kevin Brierton – 10.03.2022 Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking the time upfront to prep your house appropriately and create a solid plan can help bring…
Read MoreIf You’re Thinking of Selling Your House This Fall, Hire a Pro
Kevin Brierton – 9.29.2022 Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects…
Read MoreWhy You Should Consider Condos as Part of Your Home Search
Kevin Brierton – 9.28.2022 The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to…
Read MoreHow an Expert Can Help You Understand Inflation & Mortgage Rates
Kevin Brierton – 9.27.2022 If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas…
Read MoreThe True Strength of Homeowners Today
Kevin Brierton – 9.26.2022 The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past…
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