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How Buying or Selling a Home Benefits Your Community
If you’re thinking of buying or selling a house, it’s important to know that it impacts more than just you—it helps out the local economy and your community, too. Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below): When a house is sold, it boosts the local…
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How To Make Your Dream a Reality
If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that will not be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you. While this housing market is certainly challenging…
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The Perks of Buying over Renting
Thinking about buying a home? While today’s mortgage rates might seem intimidating, here are two solid reasons why it could still be a smart move to get your place if you’re ready and able. 1. Home Values Typically Go Up Over Time Over the past year or so, there’s been some confusion about how home prices are headed. Make…
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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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Overcoming Student Loans for Homeownership
If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or could you still qualify for a home loan even with that debt? Here’s a look…
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Is Buying a Home Now a Smart Move?
Are you thinking about buying a home? If so, you’re probably wondering: Should I buy now or wait? Nobody can make the decision for you, but here’s some information to help you decide. What’s Next for Home Prices? Fannie Mae and Pulsenomics publish the Home Price Expectations Survey (HPES) results each quarter. It asks more than 100 experts—economists, real estate professionals,…