Monthly Archives: August 2021
A Look at Home Price Appreciation Through 2025
Will Home Price Appreciation Continue? Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and... Read More
Sellers: Make Today’s Home Price Appreciation Work for You
Will This Price Appreciation Last? Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should really ask is: will this price appreciation last? Here’s... Read More
Ready To Sell, But Don’t Know Where You’ll Go?
Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you create your perfect home, cash in on energy efficiency, and minimize repairs. Whether you’re looking for newly built or existing homes, both... Read More
Why 2021 Is Still the Year To Sell Your House
If you’re trying to decide whether or not to sell your house, this is the time to think seriously about making a move. Fannie Mae’s recent Home Purchase Sentiment Index (HPSI) reveals the number of respondents who say it’s a good time to sell is higher now than it was over the past few summers (see graph below). Today, the majority of consumers,... Read More
How Mortgage Interest Rates Affect the Home You Can Buy
A frequently asked question by clients is how much home can I afford to buy? One major item that affects the type of home you can buy is the mortgage interest rate. If the interest rate increases the amount you will pay each month will also increase and if interest rates decrease the amount you... Read More
3 Ways To Get Your Credit Ready for Buying a Home
You’re excited as you have decided to buy your first home! You start searching for a new beautiful home then start wondering how am I going to afford to buy this dream home? Reality sets in as you encounter probably the least fun part of buying a house. Shopping for a lender, applying for a... Read More
Real Estate: It’s Still a Lack of Supply, Not a Lack of Demand
One of the major questions real estate experts are asking today is whether prospective homebuyers still believe purchasing a home makes sense. Some claim rapidly rising home prices are impacting demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. Instead, it’s the lack of supply (homes... Read More