You may have heard some people say it’s better to rent than buy a home right now. But, even today, many good reasons exist to become a homeowner. One of them is that owning a home is typically viewed as an excellent long-term investment that helps your net worth grow over time. Homeownership Builds Wealth Regardless of Income Level You may be surprised Continue Reading
The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign Continue Reading
Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current homes. You may even have the same hesitation if you’re thinking about selling your house. Motivation to Sell Data shows that 51% of homeowners have a mortgage rate under 4% as of Continue Reading
If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert. A trusted Real Continue Reading
When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade ago. Thankfully, the forbearance program changed that. It provided much-needed relief for homeowners so a foreclosure crisis wouldn’t happen again. Here’s Continue Reading
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