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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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How Much Home Equity Have You Gained?
There are several reasons you may be thinking about selling your house. As you weigh your options, you may find you’re unsure how you will deal with one thing about today’s housing market – affordability. If that’s your biggest concern, understanding how much equity you have in your house could help make your decision that much easier. Here are two key factors that have…
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Homebuyer Opportunities in 2024
There’s no arguing this past year has been difficult for homebuyers. And if you’ve started searching for a home, maybe you put your search on hold because the challenges in today’s market felt too much to tackle. You’re not alone in that. A Bright MLS study found some of the top reasons buyers paused their search in late 2023 and early…
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Real Estate: Top Long-Term Investment
With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a decisive decision. According to the experts…
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Housing Market Forecast: 2nd Half of 2024
As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:…
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What You Need To Know About Home Prices
According to recent data from Fannie Mae, almost 1 in 4 people still think home prices will come down. If you’re one of the people worried about that, here’s what you need to know. Much of that fear probably comes from what you hear in the media or reading online. But here’s the thing to remember. Negative news…