For Buyers

How Much “Housing Wealth” Can You Build in a Decade?

First Time Home Buyers, For Buyers, Move-Up Buyers, Pricing /

\"HowEarlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership. Below are three graphs depicting the most important data revealed in the study. How much […]

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The #1 Misconception in the Homebuying Process

Buying Myths, For Buyers, Interest Rates, Pricing /

\"TheAfter over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article:  “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned […]

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How Trusted Professionals Make Homebuying Easier to Understand

Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials /

\"HowIn the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working with a trusted real estate professional can help […]

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The Overlooked Financial Advantages of Homeownership

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

\"TheThere are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a renter, it’s never too early to make a plan for how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for […]

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How the Housing Market Benefits with Uncertainty in the World

Buying Myths, For Buyers /

\"HowIt’s hard to listen to today’s news without hearing about the uncertainty surrounding global markets, the spread of the coronavirus, and tensions in the Middle East, just to name a few. These concerns have caused some to question their investment plans going forward. As an example, in Vanguard’s Global Outlook for 2020, the fund explains, […]

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Homeownership Rate on the Rise to a 6-Year High

Demographics, First Time Home Buyers, For Buyers, Housing Market Updates, Millennials /

\"HomeownershipRegardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below: This increase does not come as […]

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