For Buyers

Are Interest Rates Expected to Rise Over the Next Year?

First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers /

\"AreSo far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately making it more expensive to borrow money for a home loan. Here’s a look at what several experts have […]

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Americans Find the Nonfinancial Benefits of Homeownership Most Valuable

First Time Home Buyers, For Buyers, Rent vs. Buy /

\"AmericansHomeownership is a foundational part of the American Dream. As we look back on more than a year of sheltering in our homes, having a place of our own is more important than ever. While financial benefits are always a key aspect of homeownership, today, homeowners rank the nonfinancial and personal benefits with even higher […]

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Is Home Price Appreciation Accelerating Again?

For Buyers, For Sellers, Housing Market Updates, Pricing /

\"IsAt the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. […]

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Patience Is the Key to Buying a Home This Year

Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, New Construction /

\"PatienceThe question many homebuyers are facing this year is, “Why is it so hard to find a house?” We’re in the ultimate sellers’ market, which means real estate is ultra-competitive for buyers right now. The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps […]

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Will the Housing Market Maintain Its Momentum?

For Buyers, Housing Market Updates, New Construction /

\"WillLast week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as evidence that the red-hot real estate market may be cooling. However, there could also be a simple […]

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Don’t Be Fooled by Remarkable Real Estate Headlines

For Buyers, For Sellers, Housing Market Updates /

\"Don’tDon’t be impressed by the headlines reporting year-over-year housing numbers for the next several months (data covering March, April, May, and June). The data will most likely show eye-popping one-year increases. While the year-over-year jumps will certainly be striking, consumers should take these numbers with a grain of salt, as the situation highlights a short-term […]

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Planning to Move? You Can Still Secure a Low Mortgage Rate on Your Next Home

For Buyers, For Sellers, Interest Rates, Move-Up Buyers /

\"PlanningThis year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below the historic norm. Here’s why. After creeping up for seven […]

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82,338 Great Reasons to Buy a Home Today

First Time Home Buyers, For Buyers, Housing Market Updates, Pricing /

\"82,338The financial benefits of buying a home as compared to renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. Most experts are calling for home prices to continue appreciating over the next several years. The most recent Home Price […]

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