Home Equity

Home Equity Leverage Your Equity When You Sell Your House Leverage Your Equity When You Sell Your House One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it […]
Home Buyers Buying a Home May Make More Sense Than Renting Buying a Home May Make More Sense Than Renting Why does buying a home make more sense than renting? Take a look at this infographic to see why! Some Highlights Rents have consistently risen for several decades. When your rent rises, you pay more, and that can make saving for a home even harder. Overall, […]
Home Equity Equity Gains for Today’s Homeowners Equity Gains for Today’s Homeowners Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown […]
Home Buyers One Major Benefit of Investing in a Home One Major Benefit of Investing in a Home One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. This is one major benefit of investing in a home. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a […]
Home Equity The Top Reasons for Selling Your House The Top Reasons for Selling Your House Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current […]
Home Equity Have Home Values Hit Bottom? Have Home Values Hit Bottom? Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. […]
Home Equity Is It Time To Sell Your Second Home? Is It Time To Sell Your Second Home? During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home […]
Home Equity The Truth About Negative Home Equity Headlines The Truth About Negative Home Equity Headlines Home equity has been a hot topic in real estate news lately. If you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. The Truth About Negative Home Equity Headlines In truth, the headlines […]
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Home Buyers What Experts Are Saying About the 2023 Housing Market What Experts Are Saying About the 2023 Housing Market Thinking about buying or selling a home soon? You probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift. Economic uncertainty and higher mortgage rates reduced buyer demand. It also slowed the pace of […]
Home Equity 3 Best Practices for Selling Your House This Year 3 Best Practices for Selling Your House This Year A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to […]
Goals What Are Your Goals in the Housing Market This Year? What Are Your Goals in the Housing Market This Year? If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, […]
Home Equity Planning To Sell Your House? It’s Critical To Hire a Pro. Planning To Sell Your House? It’s Critical To Hire a Pro. With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make […]
Home Buyers What To Expect From the Housing Market in 2023 What To Expect From the Housing Market in 2023 The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. What To Expect From the Housing Market in 2023? As the Federal Reserve (the Fed) made moves […]
Home Buyers Onward and upward in 2023! Here’s to a Wonderful 2023!
Home Buyers Planning to Retire? It Could Be Time To Make a Move. Planning to Retire? It Could Be Time To Make a Move. If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. It could be time to make a […]
Home Equity What Every Seller Should Know About Home Prices What Every Seller Should Know About Home Prices If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with […]
Home Buyers Homeownership Is an Investment in Your Future Homeownership Is an Investment in Your Future There are many people thinking about buying a home. However, with the current economy, some are wondering if it’s smart to buy now or to wait it out. Still, homeownership is an investment in your future.  As Bob Broeksmit, President and CEO of the Mortgage Bankers Association (MBA), […]
Home Equity Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market A rapid shift has happened in the housing market this year.Some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. However, there are key differences between what’s happening today and the bubble in the […]
Home Equity 3 Ways You Can Use Your Home Equity 3 Ways You Can Use Your Home Equity If you’re a homeowner, odds are your equity has grown significantly over the last few years. Home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a […]
Home Equity Home Equity: A Source of Strength for Homeowners Today Home Equity: A Source of Strength for Homeowners Today Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending […]