Home Buyers

Home Buyers Mortgage Rates Will Come Down, It’s Just a Matter of Time Mortgage Rates Will Come Down, It’s Just a Matter of Time This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year […]
Home Buyers More People Are Finding the Benefits of Multigenerational Households Today More People Are Finding the Benefits of Multigenerational Households Today If you’re thinking of buying a home and living with extended family, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of individuals choosing multigenerational living has […]
Home Buyers Why It May Be Time To Add Newly Built Homes to Your Search Why It May Be Time To Add Newly Built Homes to Your Search If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent […]
Home Buyers VA Loans Can Help Veterans Achieve Their Dream of Homeownership VA Loans Can Help Veterans Achieve Their Dream of Homeownership For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. VA Loans Can Help Veterans […]
Home Buyers The Majority of Americans Still View Homeownership as the American Dream The Majority of Americans Still View Homeownership as the American Dream Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a […]
Home Buyers Key Factors Affecting Home Affordability Today Key Factors Affecting Home Affordability Today Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, what are the other key factors affecting home […]
Home Buyers Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be. Do you believe that homeownership is out of reach? It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way […]
Home Buyers 3 Trends That Are Good News for Today’s Homebuyers 3 Trends That Are Good News for Today’s Homebuyers While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for today’s homebuyers. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just […]
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Home Buyers Taking the Fear out of Saving for a Home Taking the Fear out of Saving for a Home If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter.  And […]
Home Buyers Millennials Are Still a Driving Force of Today’s Buyer Demand Millennials Are Still a Driving Force of Today’s Buyer Demand If you’re thinking about selling your house, know that there are still people searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed the renter generation, that namesake may not be […]
Home Buyers 3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008 3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008 With all the talk about the shift in the housing market, you might be thinking this is a housing bubble. Is it a repeat of what took place in 2008? The good news is, there’s concrete data to show why this is nothing like the […]
Home Buyers What Happens to Housing when There’s a Recession? What Happens to Housing when There’s a Recession? Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. There’s some debate around whether in a recession right now.  The good news is experts say a recession today would likely be mild and the economy would rebound […]
Home Buyers Pre-Approval Is a Critical First Step on Your Homebuying Journey Pre-Approval Is a Critical First Step on Your Homebuying Journey If you’re planning to buy a home this year, one of the first critical steps on your journey is getting a pre-approval. In today’s market, mortgage rates are higher than they were just a few months ago.  Getting a mortgage pre-approval can be a game […]
Home Buyers Should You Still Buy a Home with the Latest News About Inflation? Should You Still Buy a Home with the Latest News About Inflation? While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely […]
Home Buyers The Latest on Supply and Demand in Housing The Latest on Supply and Demand in Housing Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of […]
Home Buyers The Emotional and Non-financial Benefits of Homeownership The Emotional and Non-financial Benefits of Homeownership With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financials are important to consider, there are also powerful non-financial reasons to make a move. Here are just a few of the benefits that come with homeownership. Homeowners Can […]
Home Buyers Four Things That Help Determine Your Mortgage Rate Four Things That Help Determine Your Mortgage Rate If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates have risen dramatically. […]
Home Buyers What Are Experts Saying About the Fall Housing Market? What Are Experts Saying About the Fall Housing Market? The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this fall. To help you make a confident decision, lean […]
Home Buyers Saving for a Down Payment? Here’s What You Should Know. Saving for a Down Payment? Here’s What You Should Know. As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could […]
Home Buyers The Long-Term Benefit of Homeownership The Long-Term Benefit of Homeownership What is the long-term benefit of homeownership?  Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? It’s true this year has unique challenges for homebuyers.  However, it’s important to factor the long-term benefits of […]