Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]
First Time Home Buyers | For Buyers | Infographics | Pricing | Rent vs. Buy

Owning a Home Has Distinct Financial Benefits Over Renting [INFOGRAPHIC]

Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation. If you’re…

Housing Wealth: The Missing Piece of the Affordability Equation
First Time Home Buyers | For Buyers | Pricing | Rent vs. Buy

Housing Wealth: The Missing Piece of the Affordability Equation

The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start questioning affordability in the current housing…

Hope Is on the Horizon for Today’s Housing Shortage
Buying Myths | First Time Home Buyers | For Buyers | Housing Market Updates | Move-Up Buyers | New Construction

Hope Is on the Horizon for Today’s Housing Shortage

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below…

How Misunderstandings about Affordability Could Cost You
Buying Myths | First Time Home Buyers | For Buyers | Pricing | Rent vs. Buy

How Misunderstandings about Affordability Could Cost You

There’s a lot of discussion about affordability as home prices continue to appreciate rapidly. Even though the most recent index on affordability from the National Association of Realtors (NAR) shows homes are more affordable today than the historical average, some still have concerns about whether or not it’s truly affordable to buy a home right…

Buying a Home Is Still Affordable
Buying Myths | First Time Home Buyers | For Buyers | Housing Market Updates | Interest Rates | Pricing | Rent vs. Buy

Buying a Home Is Still Affordable

The last year has put emphasis on the importance of one’s home. As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle. Understanding how housing affordability works and the main market factors that impact…

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]
First Time Home Buyers | For Buyers | Housing Market Updates | Infographics

Americans Choose Real Estate as the Best Investment [INFOGRAPHIC]

Some Highlights For the eighth year in a row, real estate maintained its position as the preferred long-term investment among Americans. Real estate has been gaining ground against stocks, gold, and savings accounts over the last 11 years and now stands at its highest rating in survey history. Let’s connect if you’re ready to make…

The Power of Mortgage Pre-Approval [INFOGRAPHIC]
Buying Myths | First Time Home Buyers | For Buyers | Infographics | Move-Up Buyers

The Power of Mortgage Pre-Approval [INFOGRAPHIC]

Some Highlights  Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and a competitive edge…