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Category: Affordability

    An Expert Gives You Clarity in Today’s Housing Market

    By Monica Young | March 14, 2023

    An Expert Gives You Clarity in Today’s Housing Market The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give... Read More

    Leverage Your Equity When You Sell Your House

    By Monica Young | March 13, 2023

    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 grows. Bankrate explains it like... Read More

    Buying a Home May Make More Sense Than Renting

    By Monica Young | March 10, 2023

    Buying a Home May Make More Sense Than Renting Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options. Read More

    Could a Multigenerational Home Be the Right Fit for You?

    By Monica Young | March 7, 2023

    Could a Multigenerational Home Be the Right Fit for You? During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may... Read More

    Is It Really Better To Rent Than To Own a Home Right Now?

    By Monica Young | March 6, 2023

    Is It Really Better To Rent Than To Own a Home Right Now? You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot of... Read More

    How To Make Your Dream of Homeownership a Reality

    By Monica Young | February 23, 2023

    How To Make Your Dream of Homeownership a Reality According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable. However, it’s unlikely all 28 million Americans will... Read More

    Wondering What’s Going on with Home Prices?

    By Monica Young | February 16, 2023

    Wondering What’s Going on with Home Prices? The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary by market. But... Read More

    Should You Consider Buying a Newly Built Home?

    By Monica Young | February 15, 2023

    Should You Consider Buying a Newly Built Home? If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built. The Number of Newly Built Homes Is on the... Read More

    What You Should Know About Closing Costs

    By Monica Young | February 13, 2023

    What You Should Know About Closing Costs Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home,... Read More

    The 3 Factors That Affect Home Affordability

    By Monica Young | January 24, 2023

    The 3 Factors That Affect Home Affordability If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly... Read More