Found 102 blog entries tagged as Infographics.

Some Highlights

  • If you're wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.  
  • Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.
  • Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you're curious about prices in our area, let’s connect.

Previously posted at Simplifying The Market.

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Some Highlights

  • When deciding between buying a home or renting, think about these three important factors.
  • Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.
  • If you’re ready to enjoy the advantages of owning a home, let’s connect to discuss your options.

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Some Highlights

  • If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
  • On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time.
  • If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, let’s talk.

Previously posted at Simplifying The Market.

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Some Highlights

  • Wondering why the supply of homes for sale is limited today? There are a few factors at play.
  • Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.
  • But real estate agents know exactly where to look and what to do to make your dream a reality. Let’s connect so you have an expert on your side to help you successfully navigate the market and find your next home. 

Previously posted at Simplifying The Market.

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Some Highlights

  • While remote work peaked during the pandemic, many people still work from home today.
  • If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home.
  • If you can work from home, you might have more choices for where to live. Let’s connect to talk about your options and what's most important to you.

Previously posted at Simplifying The Market.

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Some Highlights

  • Holding off on selling your house because you believe there aren’t any buyers out there?
  • Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now.
  • Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic is still strong today. Let’s connect to get your house in front of these buyers.

Previously posted at Simplifying The Market.

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Some Highlights

  • Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
  • While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
  • Let’s connect so you know what’s happening with home values in our local area.

Sources

 

  • https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdf
  • https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdf
  • https://www.fanniemae.com/media/45801/display
  • https://www.fanniemae.com/media/48726/display
  • …

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Some Highlights

  • Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
  • Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
  • Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

Previously posted at Simplifying The Market.

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Some Highlights

  • There are only about half the number of homes for sale compared to the last normal years in the market.
  • That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.
  • If you're thinking of selling, let’s connect so your house can stand out while there’s such a shortage of supply and buyers are craving more options. 

Previously posted at Simplifying The Market.

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Some Highlights

  • With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
  • Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
  • Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.

Previously posted at Simplifying The Market.

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