Category: First Time Home Buyers

Are Home Prices Going Up or Down? That Depends…

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers / Pricing

Are Home Prices Going Up or Down? That Depends…

Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods:...

Real Estate Is Still Considered the Best Long-Term Investment

First Time Home Buyers / For Buyers / Housing Market Updates / Move-Up Buyers

Real Estate Is Still Considered the Best Long-Term Investment

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive...

Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Infographics / Interest Rates / Move-Up Buyers / Pricing

Ways To Overcome Affordability Challenges in Today’s Housing Market [INFOGRAPHIC]

Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If...

The Three Factors Affecting Home Affordability Today

First Time Home Buyers / For Buyers / Housing Market Updates / Interest Rates / Move-Up Buyers / Pricing

The Three Factors Affecting Home Affordability Today

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination...