Posts Tagged ‘Mortgage’
Planning to Retire? It Could Be Time To Make a Move.
Kevin Brierton – 12.15.2022 If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are…
Read MoreYou May Have More Negotiation Power When You Buy a Home Today
Kevin Brierton – 12.14.2022 Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from…
Read MoreReady To Sell? Today’s Housing Supply Gives You Two Opportunities.
Kevin Brierton – 12.13.2022 At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years…
Read MoreWhat Every Seller Should Know About Home Prices
Kevin Brierton – 12.12.2022 If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices? It’s possible you’ve…
Read MoreHomeownership Is an Investment in Your Future
Kevin Brierton – 12.8.2022 There are many people thinking about buying a home, but with everything affecting the economy, some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), explains: “The desire for homeownership is strong.…
Read MoreKey Advantages of Buying a Home Today
Kevin Brierton – 12.7.2022 There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their…
Read MoreWhat’s Going on with Home Prices? Ask a Professional.
Kevin Brierton – 12.6.2022 If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local…
Read MorePrioritizing Your Wants and Needs as a Homebuyer in Today’s Market
Kevin Brierton – 12.5.2022 There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a…
Read MoreWhat 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 More