Posts Tagged ‘Mortgage’
How 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…
Read MoreHow Homeownership Is Life-Changing for Many Women
Kevin Brierton – 3.28.2023 Throughout Women’s History Month, we reflect on the impact women have in our lives, and that includes the impact on the housing market. In fact, since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households. Why Is Homeownership…
Read MoreGet Ready: The Best Time To List Your House Is Almost Here
Kevin Brierton – 3.27.2023 If you’re considering selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to…
Read MoreWhy Buying a Home Is a Sound Decision
Kevin Brierton – 3.23.2023 If you’re thinking about buying a home, you want to know if the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices…
Read MoreReasons To Consider Condos in Your Home Search
Kevin Brierton – 3.22.2023 Are you having trouble finding a home that fits your needs and your budget? If so, you should know there’s an option worth considering – condominiums, also known as condos. According to Bankrate: “A condo can be a more affordable entry point to homeownership than a single-family home. And as a…
Read MoreThe Role of Access in Selling Your House
Kevin Brierton – 3.21.2023 Once you’ve made the decision to sell your house and have hired a real estate agent to help, they’ll ask how much access to your home you want to give potential buyers. Your answer matters more now than it did in recent years. Here’s why. At the height of the buying…
Read MoreWhat’s Ahead for Home Prices in 2023
Kevin Brierton – 3.20.2023 Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on…
Read MoreWhat Buyer Activity Tells Us About the Housing Market
Kevin Brierton – 3.16.2023 Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the…
Read MoreBalancing Your Wants and Needs as a Homebuyer This Spring
Kevin Brierton – 3.15.2023 Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing,…
Read MoreAn Expert Gives You Clarity in Today’s Housing Market
Kevin Brierton – 3.14.2023 The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you…
Read MoreLeverage Your Equity When You Sell Your House
Kevin Brierton – 3.13.2023 One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand precisely what equity is and how it grows. Bankrate explains it…
Read More4 Tips for Making Your Best Offer on a Home
Kevin Brierton – 3.9.2023 Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1. Lean on a Real Estate…
Read More2 Things Sellers Need To Know This Spring
Kevin Brierton – 3.8.2023 A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling…
Read MoreCould a Multigenerational Home Be the Right Fit for You?
Kevin Brierton – 3.7.2023 During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home where families live in…
Read MoreIs It Really Better To Rent Than To Own a Home Right Now?
Kevin Brierton – 3.6.2023 You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot of the time, these reports are assuming things that aren’t…
Read MoreWhat You Should Know About Rising Mortgage Rates
Kevin Brierton – 3.2.2023 After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the…
Read MoreOne Major Benefit of Investing in a Home
Kevin Brierton – 3.1.2023 One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.†With spring approaching, now’s a great…
Read MoreEquity Gains for Today’s Homeowners
Kevin Brierton – 2.28.2023 Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown in Recent Years …
Read MoreAn Expert Makes All the Difference When You Sell Your House
Kevin Brierton – 2.27.2023 If you’re thinking of selling your house, it’s important to work with someone who understands how the market is changing and what it means for you. Here are five reasons working with a professional can ensure you’ll get the most out of your sale. 1. They’re Experts on Market Trends With today’s housing…
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