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
Watching the Stock Market? While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Continue Reading
Buyer's Three Things to Consider It’s clear the 2022 housing market has been defined by rising mortgage rates. Undoubtedly, with rates on the rise, it’s become more costly to purchase a home for buyers. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If Continue Reading
Owning a home is a major financial milestone and an achievement to take pride in and a means to build your net worth. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your Continue Reading
Consider this if rising home prices leave you wondering if renting or buying a home in today’s housing market makes more sense. It’s not just home prices that have risen in recent years – rental prices have also skyrocketed. As a recent article from realtor.com says: “The median rent across the 50 largest US metropolitan areas reached $1,876 in June, a new record Continue Reading
Apartment Therapy - Lifestyle and interior design community sharing design lessons, DIY how-tos, shopping guides and expert advice for creating a happy, beautiful home. Featured in Brittany Anas article titled "How ‘Fixer Upper’ Changed the Way People Buy Homes" discussing how the HGTV effect: Shows like “Fixer Upper,” which aired for five seasons on the network, have undoubtedly rebranded Continue Reading
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