Monthly Archives: September 2024
Buying Beats Renting in 22 Major U.S. Cities
Buying Beats Renting in 22 Major U.S. Cities That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage rateshave eased off their recent peak, home prices have moderated, and inventory has ticked up, affordability has improved significantly. When you add all of that... Read More
Don’t Fall for These Real Estate Agent Myths
Don’t Fall for These Real Estate Agent Myths When it’s time to buy or sell a home, one of the most important decisions you’ll make is who you’ll work with as your agent. That choice will have an impact on your entire experience and how smoothly it goes. As you figure out who you’ll partner with, it’s important to know... Read More
Why Buying Now May Be Worth It in the Long Run
Why Buying Now May Be Worth It in the Long Run Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your... Read More
The Down Payment Assistance You Didn’t Know About
The Down Payment Assistance You Didn’t Know About Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below): Here’s what you need to know to make the most... Read More
Is Your House Priced Too High?
Is Your House Priced Too High? Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of... Read More
Falling Mortgage Rates Are Bringing Buyers Back
Falling Mortgage Rates Are Bringing Buyers Back If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number... Read More
The Latest Builder Trend: Smaller, Less Expensive Homes
The Latest Builder Trend: Smaller, Less Expensive Homes Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you’re... Read More
Mortgage Rates Drop to Lowest Level in over a Year and a Half
Mortgage Rates Drop to Lowest Level in over a Year and a Half Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly... Read More
The Best Time To Buy a Home This Year
The Best Time To Buy a Home This Year A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year... Read More
What To Know About Closing Costs
What To Know About Closing Costs Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don’t forget about closing costs.... Read More
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