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The Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners can often put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why, as home equity reaches a new height, the median down payment has, too. According to the latest data from Redfin,…
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Two Reasons Why the Housing Market Won’t Crash
You may have heard chatter recently about the economy and a possible recession. Unsurprisingly, that noise worries some people about a housing market crash. Maybe you’re one of them. But here’s the good news – there’s no need to panic. The housing market is not set up for a crash right now. Real estate journalist Michele Lerner says:…
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How Much Does It Cost To Sell My House?
If you’re toying with selling your house, you’re probably wondering how much it’ll cost. The final number will depend on several factors, like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more. So, to give you a ballpark of what to expect, here’s some information…
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OCT– NOV 2024 NEWSLETTER
Earth-Sheltered ‘Wonder Haus’ Hits the Market in Colorado for $2.25M. In the serene mountain town of Pagosa Springs, a one-of-a-kind home known as the “Wonder Hau” has hit the market for $2,250,000. This unique, earth-sheltered residence is more than just a home; it’s a work of art that blends energy efficiency with a quirky, eye-catching design.…
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Now’s the Time To Upgrade to Your Dream Home
If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home (see graph below): But there’s also a good chance you, like many others, have been holding off on that…
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Home Values Rise Even as Median Prices Fall
Recent headlines have been buzzing about the median asking price of homes dropping compared to last year, and that’s sparked plenty of confusion. And as a buyer or seller, it’s easy to assume that prices are coming down. But here’s the catch: those numbers don’t tell the whole story. Home values are rising nationally, even if the median price…
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Market Trends Report | OCT. ’24
Realtor® Insights: October Real Estate Trends As we transition into fall, October brings new opportunities in the real estate market. Sellers are feeling more confident, and buyers are exploring second-home options. Whether you plan to sell, buy, or invest in a vacation home, here’s what’s happening in the market this month. More Sellers Are Listing…
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Why Buying Now May Be Worth It in the Long Run
Should you buy a home now, or should you wait? That’s a question a lot of people have these days. And while what’s right for you will depend on many factors, here’s something you’ll want to consider as you decide. As soon as you buy, you’ll start gaining equity. And you’d be surprised how quickly that can…