There’s no doubt that owning a home comes with significant financial benefits. And this time of year is a great time to reflect on the other reasons why owning a home is so meaningful. A house is more than four walls and a roof – it’s a place where memories are made, connections are built, and life happens. From the sense of accomplishment that comes with owning your own home to the joy of...
Have you ever thought about packing up and moving to be closer to the people who mean the most to you? Maybe you’re tired of long drives to see your family or wish your kids could spend more time with their grandparents. Clearly, a lot of other people feel the same way. According to recent data from the National Association of Realtors (NAR), the desire to be near family and friends is the #1 reason...
In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true market value of your home. Before you toss a for sale sign in your yard and expect to bring in the number you saw for your house online, you need to...
Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type. According to Experian, the range is anywhere from 500 to 700 for the minimum credit score. That means you don’t need perfect credit to buy a home. Your credit score is important – but that doesn’t mean it needs to be perfect. Work with a lender to learn...
When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line. Here's why a new build is worth considering – and how an agent can help you find one that meets your needs and your budget. 1....
Moving to a more affordable area could be the fresh start you need to get ahead financially. While some markets are certainly more affordable than others, know that working with a trusted real estate agent to find what fits your budget and your desired location – no matter where you want to be – is always the best plan. And with the rising cost of living, many people are rethinking where they live and...
You may be wondering if home prices are going to crash. And believe it or not, some people might even be hoping this happens so they can finally purchase a more affordable home. But experts agree that's not what's in the cards – and here's why. There are more people who want to buy a home than there are homes available to purchase. That’s what drives prices up. Let’s break that down and...
Putting your house for sale on your own – often called “For Sale by Owner” or FSBO – might be on your mind. But you should know that it gets complicated very quickly, especially in today’s complex market. That’s why data from the National Association of Realtors (NAR) shows a record low number are going the route of selling on their own. Instead, more and more homeowners are choosing to...
Thinking about selling your house? Here are a few reasons why you may want to do it this season. Buyers looking right now are serious about moving and the number of homes for sale is typically lower this time of year – helping your house stand out. While inventory is higher this year than it’s been in the last few winters, you'll still be in this year’s sweet...
Today’s mortgage rates and home prices may have you second-guessing whether it's still a good idea to buy a home right now. While market factors are definitely important, there’s also a bigger picture to consider: the long-term benefits of homeownership. Think of it this way. If you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding...