Posts Tagged ‘Mortgage’
Two 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…
Read MoreWhat Experts Say Will Happen with Home Prices Next Year
Kevin Brierton – 9.22.2022 Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s…
Read MoreTop Reasons Homeowners Are Selling Their Houses Right Now
Kevin Brierton – 9.21.2022 Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate…
Read MoreWatching the Stock Market? Check the Value of Your Home for Good News.
Kevin Brierton – 9.20.2022 While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in…
Read MoreWill My House Still Sell in Today’s Market?
Kevin Brierton – 9.19.2022 If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage…
Read MoreBuyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
Kevin Brierton – 9.15.2022 If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be…
Read MoreIs the Real Estate Market Slowing Down, or Is This a Housing Bubble?
Kevin Brierton – 9.14.2022 The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is…
Read MoreThree Things Buyers Can Do in Today’s Housing Market
Kevin Brierton – 9.13.2022 It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.†If…
Read MoreGetting Your House Ready To Sell? Work with an Agent for Expert Advice
Kevin Brierton – 9.12.2022 In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t…
Read MoreShould I Sell My House This Year?
Kevin Brierton – 9.8.2022 There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall. Opportunity #1: You…
Read MoreExpert Forecasts on Mortgage Rates
Kevin Brierton – 9.7.2022 If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s…
Read MoreHow Owning a Home Builds Your Net Worth
Kevin Brierton – 9.6.2022 Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase…
Read MoreNew Homes May Have the Incentives You’re Looking for Today
Kevin Brierton – 9.1.2022 According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives…
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