How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC] Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow significantly in the long term when you own a home.... [read more]

Homeownership Helps Protect You from Inflation [INFOGRAPHIC] Some Highlights Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their... [read more]

Americans Still View Homeownership as the American Dream The American Dream means different things to different people. But for  many people, it's a sign of freedom, success, and wealth. These are all benefits that property ownership can provide. In a recent study, Bankrate inquired as to what people consider to be the pinnacle of the American Dream. Based on the comments, it's clear that home ownership is still highly valued by many... [read more]

The Three Factors Affecting Home Affordability Today   There has been a great deal of attention on the impact of rising mortgage rates on the affordability of homes for today's purchasers. It is true that rates have substantially increased since the pandemic-era record lows. But home affordability is determined by a combination of mortgage rates, property prices, and wages. Considering how each of these factors is evolving provides a complete picture of the current state of home... [read more]

The Power of Pre-Approval If you are looking for a residence this spring, you may find the current housing market difficult. With so few homes available and mortgage rates that have rising and falling in between 6% - 7%, it is crucial to have a firm grasp on your budget for purchasing a home. You will also need determination to find the perfect home and respond quickly when the time comes to make an offer. Obtaining pre-approval is one way to better prepare yourself. To comprehend... [read more]