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On the road to becoming ahomeowner? If so, you may have heard thetermpre-approval get tossed around. Lets break down what it is and why its important if youre looking tobuy a homein 2024.What Pre-Approval IsAs part of thehomebuying process, your lender will look at your finances to figure out what t [Read More]
Have you been thinking aboutselling your house? If so, heres some good news. While the housing market isnt as frenzied as it was during theunicorn yearswhen houses were selling quicker than ever, theyre still selling faster than normal.The graph below usesdatafromRealtor.comto tell the story of medi [Read More]
As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season,you dont actually need to wait until spring to sell. Heres why.1. Take Advantage of Lower Mortgage RatesLast October, the 30-year fi [Read More]
Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, youre not alone. More buyers are choosing to go this route and buy a multi-generational home. Heres a look at some of the top reasons why, to see if a home like this may be ri [Read More]
Over the past year, a lot of people have been talking abouthousing affordabilityand how tight its gotten. But just recently, theres been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But theres more to being able toafford a homethan just [Read More]
Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live it offers a sense of belonging, stability, and freedom.Accordingto Nicole Bachaud, Senior Economist atZillow:The American Dream is still [Read More]
If youre trying to decide whether to rent orbuy a homethis year, heres a powerful insight that could give you the clarity and confidence you need to make your decision.Every three years, theFederal Reservereleases theSurvey of Consumer Finances(SCF), which compares net worth for homeowners and rente [Read More]
If youve owned your house for at least acouple of years, theres something youre going to want to know more about and thats home equity. If youre not familiar with that term,Freddie Macdefinesit like this:. . . your homes equity isthe difference between how much your home is worth and how much you o [Read More]
If your listing has expired and your house didnt sell, its completely normal to feel a mix of frustration and disappointment. Understandably, youre probably wondering what may have gone wrong. Here are three questions to think about as you figure out what todo next.Did You Limit Access to Your House [Read More]
If youre thinking aboutselling your houseon your own, called For Sale by Owner or FSBO, there are some important things to consider. Going this route means taking on a lot of responsibilities by yourself and that can be a bit of a headache.A recentreportfrom theNational Association of Realtors(NAR) [Read More]

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