Category: Buying Myths

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Balancing Your Wants and Needs as a Homebuyer This Spring

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

Balancing Your Wants and Needs as a Homebuyer This Spring

Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way:  “While the number of homes for sale is...

An Expert Gives You Clarity in Today’s Housing Market

Buying Myths / First Time Home Buyers / For Buyers / For Sellers / Move-Up Buyers / Selling Myths

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...

How To Make Your Dream of Homeownership a Reality

Buying Myths / Down Payments / First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers

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.

The 3 Factors That Affect Home Affordability

Buying Myths / Down Payments / For Buyers / Housing Market Updates / Interest Rates / Pricing

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:

Think Twice Before Waiting for 3% Mortgage Rates

Buying Myths / First Time Home Buyers / For Buyers / Interest Rates / Move-Up Buyers

Think Twice Before Waiting for 3% Mortgage Rates

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result,...

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

Buying Myths / First Time Home Buyers / For Buyers

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan. Don’t Deposit...

Confused About What’s Going on in the Housing Market? Lean on a Professional.

Buying Myths / For Buyers / For Sellers / Selling Myths

Confused About What’s Going on in the Housing Market? Lean on a Professional.

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many...