Why should you buy a home? Well, it’s hard to say without knowing a few details about your individual situation, but the below list will seek to cover some of the best reasons one might decide to become a homeowner. 10. It’s yours. Seems simple enough but think of the greater implications of that particular…
When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point. 1.…
You’ve found the perfect new apartment or rental house. You love the neighborhood. Your application has been approved. You’re ready to sign on the dotted line, right? Not so fast. How much do you know about your soon-to-be landlord, property manager or property management company? There are lots of reasons why you should take the…
Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with National Homeownership Month just passed us, it’s the perfect time to think about all the benefits homeownership provides. Of course, there are financial reasons to buy a house, but it’s important…
Securing a home loan and buying a house after bankruptcy may sound like an impossible feat. Blame it on all those Monopoly games, but bankruptcy has a very bad rap, painting the filer as someone who should never be loaned money. The reality is that of the 600,000 Americans who file for bankruptcy every year,…
For many of us, visiting the same vacation spot every year is a summer tradition that’s fun, relaxing, and restful. If that sounds like you, now’s the time to think about your plans and determine if buying a vacation home this year makes more sense than renting one again. According to Forbes: “. . .…
There’s a lot to consider when buying a home. You’ve probably asked yourself a million questions already. What’s in my budget? What will my annual tax bill look like? How far am I willing to commute? How are the schools? Of course, that’s all incredibly important. Particularly if you think it might be your forever…
The National Association of Realtors (NAR) released its latest Existing Home Sales Report a few weeks ago. The information it contains on home prices may cause some confusion. NAR has reported the median sales price, while other home price indices report repeat sales prices. The vast majority of the repeat sales indices show prices are…
The process of buying a home can feel a bit intimidating, even under normal circumstances. But today’s market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over the available homes. Navigating all…
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a buy a home? Here’s what you need to know. Inflation and the Housing Market While the…