Month: January 2024
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Why It’s More Affordable to Buy a Home This Year!
Some Highlights Home affordability depends on three factors: mortgage rates, home prices and wages Mortgage rates are down from their recent peak. Home prices are expected to rise at a slower pace. Wages are increasing faster than usual. That’s good news if you want to buy a home because it means affordability is getting better.
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Top Benefits of Buying a Multi-Generational Home
Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why. See if a home like this may…
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Are More Homeowners Selling as Mortgage Rates Come Down?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you. It may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-in Effect Over the past year, one factor that’s really limited…
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Homebuyer Terms to Learn
Key Terms Every Homebuyer Should Learn Buying a home is a big deal. It can feel especially complicated if you don’t know the terms used during the process. If you plan to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate to the current…
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Homebuilder Sentiment Improves
Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index. Anything below 50 is still considered negative. The index has now moved 10 points higher in the last two months. Sentiment is now at the highest level since September. The increase coincides with a big drop…
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The Benefits of Working With an Agent When You Sell Your Home
When it comes to selling your house, my experience and knowledge can make a difference. I will explain what’s happening, what that means for you, and how to price and market your house. I am also a skilled negotiator and well versed in the contracts and disclosures involved. If you plan to sell your home,…
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Avoid These Common Mistakes After Applying for a Mortgage
If you are getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before you…
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The Dramatic Impact of Homeownership on Net Worth
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances. It compares net worth for homeowners and renters. The latest report…
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Achieving Your Homebuying Dreams in 2024
Highlights Planning to buy a home in 2024? Here’s what to focus on Improve your credit score. Plan for your down payment. Get pre-approved and decide what’s most important to you. Let’s get together to discuss your homebuying goals for 2024.