You may have seen reports in the news saying people should ditch their home-buying dreams because its cheaper to rent right now than to buy a home. And while that may be true if you just look at typical monthly payments, theres one thing the numbers arent factoring in: home [...]
Buying a home this spring? Youre probably dealing with the limited number of homes for sale. If youre having a hard time finding a home you love, it may be time to look at newly-built [...]
If youre consideringbuying a homeor selling your current one to find something that better suitsyour needs, you may have questions about whats happening withhome pricestoday. Heres what you need to know.
Theres still a lot of confusion and misinformation out there. So, no matter what you may have heard, the nationaldatashows they've actually been climbing again [...]
Welcome to1681 La Loma! This grand home with a Spanish style is making its first public listing in the first time in seventy years! In years prior, 1681, La Loma was only sold privately; however, the public is lucky today as it is hitting the market for a public debut. Step inside this grand estate as we take you on a journey through one of [...]
If youre thinking about buying a home soon, highermortgage rates, risinghome prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, theres more to consider. You should think about the long-term benefits [...]
If youre thinking ofmaking a move, one of the biggest questions you have right now is probably:whats happening withhome prices?Despite what you may be hearing in the news, nationally, home prices arent falling. Its just thatprice growthis beginning to normalize. Heres the context you need to really understand that trend.
In thehousing
Are you a baby boomer whos lived in your current house for a long time and youre ready for a change? If youre thinking aboutselling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time todownsizeor do you want more space to accommodate your loved ones? But maybe the biggest consideration boils down to this will you buy your next home or choose to rent
Have you been trying tobuy a home, but highermortgage ratesandhome pricesare limiting your options? If so, heres some good news based on what Ali Wolf, Chief Economist atZonda, has tosay smaller, more affordable homes are on the way:
[...]Buyers should expect that over the next 12 to 24 monthsthere will be a notable increase in the number of entry-level homes
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, theyre turning tohomeownership. According to the latestHome Buyers and Sellers Generational Trends Reportfrom theNational Association of Realtors(NAR), 30% of Gen Z buyers transitioned straight from living under their parents roofs to owning their own [...]
If youre a homeowner, odds are yourequityhas grown significantly over the last few years.Equitybuilds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during theunicorn years, youve likely gained more than you think.
According to the latestEquity Insights ReportfromCoreLogic, theaverage homeowner has more than $274,000 in equity right [...]
