Posts Tagged ‘Mortgage’
Buyers: You May Face Less Competition as Bidding Wars Ease
Kevin Brierton – 8.31.2022 One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If…
Read MoreWhat’s Actually Happening with Home Prices Today?
Kevin Brierton – 8.30.2022 One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part…
Read MoreA Trusted Real Estate Advisor Provides Expert Advice
Kevin Brierton – 8.29.2022 If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what…
Read MoreWhy You May Want To Start Your Home Search Today
Kevin Brierton – 8.25.2022 If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason…
Read MoreWhy Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash
Kevin Brierton – 8.24.2022 Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like…
Read MoreWhat Sellers Need To Know in Today’s Housing Market
Kevin Brierton – 8.23.2022 If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your…
Read More3 Tips for Buying a Home Today
Kevin Brierton – 8.22.2022 If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like you additional options. But it’s important to keep in…
Read MorePlanning To Retire? Your Equity Can Help You Reach Your Goal.
Kevin Brierton – 8.18.2022 Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the…
Read MoreExperts Increase 2022 Home Price Projections
Kevin Brierton – 8.17.2022 If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most of them also actually increased their projections for home price appreciation…
Read MoreWhat Would a Recession Mean for the Housing Market?
Kevin Brierton – 8.16.2022 According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted thought there’d be a recession by now. But this July, when polled, 49% believe we will see…
Read MoreThe U.S. Homeownership Rate Is Growing
Kevin Brierton – 8.15.2022 The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S. population live in a home they…
Read MoreWhat Does the Rest of the Year Hold for Home Prices?
Kevin Brierton – 8.11.2022 Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason…
Read MoreIs the Shifting Market a Challenge or an Opportunity for Homebuyers?
Kevin Brierton – 8.10.2022 If you tried to buy a home during the pandemic, you know the limited supply of homes for sale was a considerable challenge. It created intense bidding wars which drove home prices up as buyers competed with one another to be the winning offer. But what was once your greatest challenge may now be your…
Read MoreSelling Your House? Your Asking Price Matters More Now Than Ever
Kevin Brierton – 8.9.2022 There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a…
Read MoreWhy the Forbearance Program Changed the Housing Market
Kevin Brierton – 8.8.2022 When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a…
Read MoreWhy It’s Still a Sellers’ Market
Kevin Brierton – 8.4.2022 As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of making a move, you should know the market is still anything but normal. Even…
Read MoreBuying a Home May Make More Financial Sense Than Renting One
Kevin Brierton – 8.3.2022 If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years – rental prices have skyrocketed as well. As a recent article from realtor.com says: “The median rent across the 50 largest US metropolitan…
Read More3 Graphs To Show This Isn’t a Housing Bubble
Kevin Brierton – 8.2.2022 With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good…
Read MoreWhy Are People Moving Today?
Kevin Brierton – 8.1.2022 Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. While mortgage rates are higher than they were…
Read MoreA Real Estate Professional Helps You Separate Fact from Fiction
Kevin Brierton – 7.28.2022 If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in.…
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