Homeowners have likely seen a significant increase in their equity due to rising home values and mortgage repayment. The latest Equity Insights Report by CoreLogic reveals that the average homeowner now possesses over $274,000 in equity, offering opportunities for various financial goals. Bankrate highlights the value of comprehending home equity’s mechanics and its potential applications. …
One of the most significant challenges in the current housing market is the scarcity of available homes for sale, which is creating a highly competitive environment for buyers. The latest data from Realtor.com reveals that active inventory in June was a staggering 50.6% below pre-pandemic levels observed between 2017 and 2019. This limited housing supply …
Housing Inventory Remains at Historic Lows, Creating a Seller’s Market Read More »
If you’re considering selling your house, it’s likely because something in your life has changed. While factors like mortgage rates are important, it’s crucial not to lose sight of the reason behind your decision. Although mortgage rates have increased from record lows in recent years, some homeowners are hesitant to sell due to the prospect …
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the …
Why Buying a Home Makes More Sense Than Renting Today Read More »
With the arrival of spring, many homeowners are gearing up for home improvement projects to enhance their living spaces and boost their property value. Here are some popular home improvement investments that homeowners are making this spring: Outdoor SpacesAs the weather warms up, homeowners are focusing on their outdoor spaces, such as decks, patios, and …
Moving can be a challenging and stressful task, and finding the right moving company to help can be daunting. Whether you’re moving across town or across the country, there are several factors to consider when selecting a moving company. COSTS One of the most significant risks of hiring a moving company is that you may end up …
Home security systems are interconnected electronic components designed to protect a home. They often include entry sensors, motion sensors, security cameras, a keypad, a central base station, and more. Some of the best home security systems on the market let you get 24/7 professional monitoring for an additional cost. DIY vs. Professional DIY systems come …
Tip 1. Do what matters to YOU It can be very easy in this time to get dragged into the hype of some of the most popular resolutions: lose or gain a certain amount of weight, learn a new hobby or skill, and to save more money. However, if you really take the time to …
If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. The key to success today is being realistic and working with a trusted real estate advisor who can help you set your expectations based on where the market is now, not where it …
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 ahead …
What Experts Say Will Happen with 2023 Home Prices Read More »