Affordability

  • What Mortgage Rate Are You Waiting For?

    What Mortgage Rate Are You Waiting For?

    You won’t find anyone who will argue that mortgage rates have significantly impacted affordability over the past couple of years. But there is hope on the horizon. Rates have started to come down. And, recently, they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And if you’re thinking about buying a home, that may leave you wondering: how…

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  • Where Will You Go After You Sell?

    Where Will You Go After You Sell?

    If you plan to sell your house and move, you probably know there’s been a shortage of options. But here’s the good news: the supply of homes for sale has grown in many markets this year – and that’s not just existing or previously owned homes. It’s true for newly built homes, too.  So, how do you decide which…

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  • The Emotional Benefits of Homeownership

    The Emotional Benefits of Homeownership

    With all the headlines and talk about housing affordability, getting lost in the financial side of buying a home can be tempting. That’s only natural as you think about the dollars and cents of it all. And while you ultimately need to be able to afford a home you buy, don’t lose sight of why homeownership was so important to…

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  • Builders Are Building Smaller Homes

    Builders Are Building Smaller Homes

    There’s no arguing about it; affordability is still tight. If you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still within your budget. But there is a silver lining: builders are focused on building these smaller homes right now and offering incentives, which can help give you more…

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