The market for mortgages in the United States is highly liquid and very stable, thanks to Fannie Mae and Freddie Mac. If you want a home mortgage loan and you can afford it, usually you’ll have no trouble finding one. Commonly referred to as Fannie and Freddie, these two companies were chartered by Congress to […]
Don’t Let These Two Things Hold You Back
Selling a property can be both an exciting and nerve-wracking experience. The real estate market is constantly evolving, and as a seller, you might find yourself facing challenges that could potentially hinder the sale of your property. To ensure a smooth and successful transaction, it is crucial to be aware of the potential obstacles that […]
The Value of an Agent When Buying Your New Construction Home
Purchasing a new construction home can be an exciting and rewarding endeavor, offering the chance to customize your living space and enjoy the benefits of modern design and amenities. However, navigating the complexities of the new construction real estate market can be a challenging task, and that’s where the expertise of a real estate agent […]
Four Ways You Can Use Your Home Equity
Home equity is a valuable asset that many homeowners possess, and it can be a powerful tool for achieving various financial goals. Home equity is the difference between the current market value of your home and the outstanding balance on your mortgage. As your property’s value appreciates over time and you continue to make […]
Home Prices Are Back on the Rise
In the aftermath of the 2008 financial crisis, the real estate market faced an arduous journey to recovery. A decade of fluctuating home prices, economic uncertainty, and housing market instability followed. However, as of late, a remarkable trend has emerged—the resurgence of home prices. The real estate sector has witnessed a steady and robust increase […]
Why Median Home Sales Price Is Confusing Right Now
In the ever-fluctuating landscape of the real estate market, one metric that has long been used to gauge the health and direction of the housing sector is the median home sales price. However, as we find ourselves navigating a complex and unprecedented era, this once-trusted metric has become increasingly perplexing and enigmatic. In this article, […]
How Inflation Affects Mortgage Rates
Inflation is a crucial economic indicator that impacts various aspects of the financial landscape. One significant area influenced by inflation is mortgage rates. Mortgage rates are the interest rates charged on home loans, and they play a pivotal role in determining the affordability and accessibility of housing for consumers. This article will delve into the […]
Reasons Your Home May Not Be Selling
Selling a home can be an exciting yet challenging endeavor. While homeowners hope for a quick and successful sale, there are instances when a property lingers on the market longer than anticipated. In such situations, it is crucial to delve deeper into the potential reasons behind the lack of buyer interest. By identifying and addressing […]
Americans Still View Homeownership as the American Dream
For generations, homeownership has been synonymous with the American Dream. The belief that owning a home is a key milestone of success and a symbol of stability and prosperity has been deeply ingrained in the American psyche. Despite the changing landscape of the real estate market and the challenges faced by aspiring homeowners, Americans continue […]
The Benefits of Downsizing for Homeowners
In today’s fast-paced world, where the accumulation of material possessions is often equated with success, the concept of downsizing may seem counterintuitive. However, an increasing number of homeowners are realizing the numerous benefits that come with downsizing their living space. Downsizing refers to the deliberate choice of moving into a smaller, more manageable home. This […]