3 Advantages of Buying a Newly Built Home Today
Some Highlights Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at newly built homes. There are more available. Builders are more flexible on prices right now. And people who buy new homes tend to get low
The Truth About Down Payments (It’s Not What You Think)
Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in. “I’ll never save enough.” “I need a small fortune just to get started.” “I guess I’ll just rent forever.” Sound familiar? You’re not alone. And you’re definitely not out of luck. Here’s the
The Latest Mortgage Rate Forecasts
Some Highlights If you’re tempted to delay your move in hope that mortgage rates will come down, you may want to rethink that strategy based on the latest forecast. Experts say mortgage rates are projected to stay in the 6s this year. So don’t expect a big drop. If you want to talk about what this m
Mortgage Rates Are Stabilizing – How That Helps Today’s Buyers
Over the past few years, affordability has been the biggest challenge for homebuyers. Between rapidly rising home prices and higher mortgage rates, many have felt stuck between a rock and a hard place. But, something pretty encouraging is happening. While affordability is still tight, mortgage rates
Selling and Buying at the Same Time? Here’s What You Need To Know
If you're a homeowner planning to move, you're probably wondering what the process is going to look like and what you should tackle first: Is it better to start by finding your next home? Or should you sell your current house before you go out looking? Ultimately, what’s right for you depends on a l
What You Should Know About Getting a Mortgage Today
If you’ve been putting off buying a home because you thought getting approved would be too hard, know this: qualifying for a mortgage is starting to get a bit more achievable, but lending standards are still strong. Lenders are making it slightly easier for well-qualified buyers to access financing,
Think No One’s Buying Homes Right Now? Think Again.
If you’ve seen headlines saying home sales are down compared to last year, you might be thinking – is it even a good time to sell? Here’s the thing. Sure, the pace of the market has cooled compared to the frenzy we saw just a few years ago, but that’s not a red flag. It’s a return to normal. And no
Multi-Generational Homebuying Hit a Record High – Here’s Why
Multi-generational living is on the rise. According to the National Association of Realtors (NAR), 17% of homebuyers purchase a home to share with parents, adult children, or extended family. That’s the highest share ever recorded by NAR (see graph below): And what’s behind the increase? Affordabili
What You Really Need To Know About Down Payments
Some Highlights There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive. And if you want to give your savings a boost, look into dow