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]

Why Today’s Housing Market Is Not About To Crash Some people are worried that the home market is going to crash soon. And it's easy to see why this worry has come up, given how hard it can be to buy a house and how much the media talks about the possibility of a recession. But the numbers show that the market is very different now than it was before the 2008 housing crash. Don't worry, this is not the same thing that happened back then. This is why. Loans Are Harder... [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]

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]

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]   Some Highlights Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost. Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too. Want... [read more]