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 [...]
If youre trying to decide if youre ready tobuy a home, theres probably a lot on your mind. Youre thinking about your finances, todaysmortgage ratesandhome prices, the limited supply of homes for sale, and more. And, youre juggling how all of those things will impact the choice youll make.
While housing market conditions are definitely a factor
[...]Many homeowners thinking aboutsellinghave two key things holding them back. Thats feeling locked in by todays higher mortgage rates and worrying they wont be able to find something to buy while supply is so low. Lets dive into each challenge and give you some helpful advice on how to overcome these
[...]If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in todays housing market. This may have left you with some uncertainty, especially if you're
[...]Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, youre not alone. According to a
[...]One of the biggest challenges in the housing market right now is howfew homesthere are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, lets take a look at the latest information on active listings, or homes for sale in a given month, as it compares to more normal
[...]Selling your houseis no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If youre currently considering selling your house on your own, heres what you should
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If youre thinking aboutselling your houseright now, chances are its because something in your life has changed. And, while things likemortgage ratesare a key part of your decision on what youll buy next, its important to not lose sight of the reason you want to make a change in the first place.
Its truemortgage rateshave climbed from the record lows we saw in recent years, and that has an impact [...]
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime if
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