💵💵 Do You Know How Much Equity You Have? 💵💵 👉 Did you know the equity you have in your current house can help make your move possible? 🏡 ❓ What is equity❓ Over the years, you gain equity as you pay down your home loan and as home values rise. It can grow faster than you realize. Americans are sitting on tremendous equity Over 2/3 of homeowners have either completely paid off their mortgage or have at least 50% equity. 38.7% own their home free and... [read more]

Why Home Prices Keep Going Up   If you've ever considered purchasing your own home or selling your current home to upgrade, you're familiar with the emotional rollercoaster that fluctuating home prices can create. It is a story of financial goals, uncertainty, and a touch of anxiety that many have experienced. However, if you put off relocating out of concern that home prices will decline, you should know that they will not. In fact, the opposite is true. National... [read more]

What You Need To Know About Home Price News May 17, 2023   The latest Existing Home Sales Report from the National Association of Realtors (NAR) will come out tomorrow. The information it has about home prices could be confusing and even make for some scary news. All of this is because the NAR will report the median sales price while other home price indices will report the price at which a home was sold again and again. Most of the indices of these repeat sales show that... [read more]

People Around the Country Want Homes That Cost Less, and Builders Are Responding There are two main things that make it hard for buyers to afford homes in today's market: mortgage rates that are higher than they have been in the past couple of years and rising home prices caused by a lack of homes for sale. To deal with these problems, a lot of people are working with their local real estate agents to find homes that cost less. And because there are more newly built houses entering... [read more]

The Return of Normal Seasonality for Home Price Appreciation   One of the most important things you probably want to know right now if you want to move is what's going on with home prices. Home prices aren't going down across the country, despite what you may be hearing in the news. It's just that price rise is starting to return to normal. This is the background you need to fully grasp that trend. There are certain waves that happen every year in the housing... [read more]