Posts Tagged ‘Housing Market’
It May Be Time To Consider a Newly Built Home
Kevin Brierton – 5.8.2023 If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t…
Read MoreHow Homeowners Win When They Downsize
Kevin Brierton – 5.4.2023 Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News…
Read MoreBuyer Activity Is Up Despite Higher Mortgage Rates
Kevin Brierton – 5.3.2023 If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively…
Read MoreA Recession Doesn’t Equal a Housing Crisis
Kevin Brierton – 5.2.2023 Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be…
Read MoreWhy Buying a Home Makes More Sense Than Renting Today
Kevin Brierton – 5.1.2023 Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. …
Read MoreWhy Today’s Foreclosure Numbers Are Nothing Like 2008
Kevin Brierton – 4.27.2023 You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a…
Read MoreWhat Are the Experts Saying About the Spring Housing Market?
Kevin Brierton – 4.25.2023 The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your…
Read MoreThe Power of Pre-Approval
Kevin Brierton – 4.24.2023 If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few houses on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house…
Read MoreWhat’s the Difference Between a Home Inspection and an Appraisal?
Kevin Brierton – 4.20.2023 If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the house before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home…
Read MoreFalling out of Love with Your House? It May Be Time To Move.
Kevin Brierton – 4.19.2023 Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to move. According to the latest Home Buyers and Sellers…
Read More5 Reasons Millennials Are Buying Homes
Kevin Brierton – 4.18.2023 In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons…
Read MoreThink Twice Before Waiting for Lower Home Prices
Kevin Brierton – 4.17.2023 As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price…
Read MoreWant To Sell Your House This Spring? Price It Right.
Kevin Brierton – 4.13.2023 Over the last year, the housing market’s gone through significant changes. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re considering selling your house this spring, it’s essential to lean on your expert real estate…
Read MoreYour Tax Refund Can Help You Achieve Your Homebuying Goals
Kevin Brierton – 4.12.2023 Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for some of these expenses.…
Read MoreThe Big Advantage If You Sell This Spring
Kevin Brierton – 4.11.2023 Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares: “. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. The answer…
Read MoreHomebuyer Activity Shows Signs of Warming Up for Spring
Kevin Brierton – 4.10.2023 The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak…
Read MoreTrying To Buy a Home? Hang in there.
Kevin Brierton – 4.6.2023 We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to being a buyer in today’s market that give you good reason…
Read MoreWhy Aren’t Home Prices Crashing?
Kevin Brierton – 4.5.2023 There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would…
Read MoreHow Changing Mortgage Rates Can Affect You
Kevin Brierton – 4.3.2023 The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps…
Read MoreWe’re in a Sellers’ Market. What Does That Mean?
Kevin Brierton – 3.30.2023 Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a sellers’ market. But what does that really mean? And why are conditions today so good if you want to list your house? It…
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