Market Updates

May 24, 2023

Homeowners Have Incredible Equity To Leverage Right Now



Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of …

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May 22, 2023

Falling out of Love with Your House? It May Be Time To Move.



Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move.

According to the latest Home …

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May 19, 2023

A Recession Doesn’t Equal a Housing Crisis



Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll …

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May 17, 2023

The Worst Home Price Declines Are Behind Us



Some Highlights

  • While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.

  • Last July, prices started to decline, but around February, they began climbing back up.

  • If you put your plans to move on hold waiting to see …

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May 15, 2023

The Best Time To Sell Your House Is When Others Aren’t Selling



If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.

Looking back at every April since 2017, the only year when fewer sellers listed …

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May 10, 2023

Why Buying a Home Makes More Sense Than Renting Today



Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since …

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May 3, 2023

What’s the Difference Between a Home Inspection and an Appraisal?



If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of …

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May 1, 2023

Think Twice Before Waiting for Lower Home Prices



As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a …

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April 26, 2023

Homebuyer Activity Shows Signs of Warming Up for Spring



The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest:

“Spring is officially here, and like green shoots emerging from …
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April 24, 2023

The Key Advantage of Investing in a Home



Some Highlights

  • Buying a home is a major way to build wealth and gain financial stability.
  • That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity.
  • Let’s connect today so you can start investing in homeownership.
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