Posts Tagged ‘Loans’
What You Want To Know If You’re Pursuing Your Dream of Homeownership
Kevin Brierton – 12.1.2022 If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment…
Read MoreWhy There Won’t Be a Flood of Foreclosures Coming to the Housing Market
Kevin Brierton – 11.30.2022 With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons…
Read More3 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…
Read MoreYour 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…
Read MoreWhat 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…
Read MoreWhat 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…
Read MoreMortgage 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…
Read MoreMore 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.…
Read MoreTop 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…
Read MoreWhy 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…
Read MoreHome 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…
Read MoreVA Loans Can Help Veterans Achieve Their Dream of Homeownership
Kevin Brierton – 11.10.2022 For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should know about VA loans before you start…
Read MoreWhat’s Ahead for Mortgage Rates and Home Prices?
Kevin Brierton – 11.9.2022 Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you…
Read MoreThe Majority of Americans Still View Homeownership as the American Dream
Kevin Brierton – 11.8.2022 Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons why so many Americans continue to value…
Read MoreKey Factors Affecting Home Affordability Today
Kevin Brierton – 11.7.2022 Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in…
Read MoreDo You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.
Kevin Brierton – 11.3.2022 It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how they’re breaking into the market: “.…
Read MoreSell Your House Before the Holidays
Kevin Brierton – 11.2.2022 As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no…
Read More3 Trends That Are Good News for Today’s Homebuyers
Kevin Brierton – 11.1.2022 While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends…
Read MoreTaking the Fear out of Saving for a Home
Kevin Brierton – 10.31.2022 If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted real…
Read MoreMillennials Are Still a Driving Force of Today’s Buyer Demand
Kevin Brierton – 10.27.2022 If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be…
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