Blogs For Home Buyers

Should I Rent or Should I Buy? [INFOGRAPHIC]

By Nicole McCormick | Jul 15, 2022 | 0 Comments

Some Highlights It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home. When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability […]

Should I Buy a Home Right Now?

By Nicole McCormick | Jul 13, 2022 | 0 Comments

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of […]

Is Homeownership Still the American Dream?

By Nicole McCormick | Jul 5, 2022 | 0 Comments

Defining the American dream is personal, and no one individual will have the same definition as another. But the feelings it brings about – success, freedom, and a sense of prosperity – are universal. That’s why, for many people, homeownership remains a key part of the American dream. Your home is your stake in the community, a strong financial investment, […]

Real Estate Consistently Voted Best Investment [INFOGRAPHIC]

By Nicole McCormick | Jul 5, 2022 | 0 Comments

Some Highlights Based on a recent Gallup poll, real estate has been rated the best long-term investment for nine years in a row. Owning real estate is more than just a place to call home. It’s also an investment in your future. That’s because it’s typically a stable and secure asset that can grow in value over time. If you’re ready to buy […]

Homeownership Could Be in Reach with Down Payment Assistance Programs

By Nicole McCormick | Jun 30, 2022 | 0 Comments

A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you feel the same way, the good news is there are many down payment assistance programs available that […]

A Key Opportunity for Homebuyers

By Nicole McCormick | Jun 30, 2022 | 0 Comments

There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point. […]

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

By Nicole McCormick | Jun 23, 2022 | 0 Comments

If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% […]

Things To Avoid After Applying for a Home Loan

By Nicole McCormick | Jun 23, 2022 | 0 Comments

Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for […]

Why Achieving the Dream of Homeownership Can Be More Difficult for Some Americans

By Nicole McCormick | Jun 23, 2022 | 0 Comments

Today we take time to honor and recognize the past and present experiences of Black Americans. When it comes to real estate specifically, equitable access to housing has come a long way, but the path to homeownership is still steeper for households of color. The Gap in Homeownership Rate in America It’s a more challenging […]

More Listings Are Coming onto the Market [INFOGRAPHIC]

By Nicole McCormick | Jun 23, 2022 | 0 Comments

Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question […]

What To Expect as Appraisal Gaps Grow

By Better Homes and Gardens Green Team | June 29, 2021

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing to pay more than the market data supports is increasing.” […]

Homebuyers: Hang in There

By Better Homes and Gardens Green Team | June 25, 2021

Some Highlights Today’s sellers’ market provides unique challenges—and benefits—for buyers. Current low interest rates won’t last forever, and home prices are forecast to rise. If you’re a homebuyer, hang in there. Homeownership improves your quality of life, and the long-term benefits outweigh the short-term challenges. Contact one of Our Agents today! See out Complete Inventory of Available Properties! Maybe with the leverage you […]

Demand for Vacation Homes Is Still Strong

By Better Homes and Gardens Green Team | June 24, 2021

The pandemic created a tremendous interest in vacation homes across the country. Throughout the last year, many people purchased second homes as a safe getaway from the challenges of the health crisis. With many professionals working from home and many students taking classes remotely, it made sense to see a migration away from cities and into counties with more […]

Homeowner Wealth Increases Through Growing Equity This Year

By Better Homes and Gardens Green Team | June 23, 2021

Building financial wealth and stability remains one of the top reasons Americans choose to own a home, and as a homeowner, your wealth often grows without you even realizing it. In a recent paper published by the Urban Institute, Home Ownership is Affordable Housing, author Mike Loftin illustrates how homeowners increase their equity and their wealth simply by making […]

Pre-Approval Makes All the Difference When Buying a Home

Pre-Approval Makes All the Difference When Buying a Home

By Better Homes and Gardens Green Team | June 22, 2021

You may have been told that it’s important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a clear understanding of your budget so you stand out to sellers as a […]

5 Things Homebuyers Need To Know When Making an Offer

5 Things Homebuyers Need To Know When Making an Offer

By Better Homes and Gardens Green Team | June 21, 2021

When it comes to buying a house, you’re looking for the perfect place to call home. The problem is, in today’s market there just aren’t that many homes available to purchase. With inventory hovering near record lows and sky-high buyer demand, a multi-offer scenario is the new normal. Here are five things to keep in mind when you’re […]

Owning a Home Has Distinct Financial Benefits Over Renting

Owning a Home Has Distinct Financial Benefits Over Renting

By Better Homes and Gardens Green Team | June 18, 2021

Some Highlights When you rent, you build your landlord’s wealth, your monthly payment depends on ever-rising rents, and you don’t benefit from home price appreciation. On the other hand, when you own your home, you build your own wealth, your monthly payment is locked in, and you benefit directly from home price appreciation. If you’re feeling the challenges of a competitive market, remember that […]

Housing Wealth The Missing Piece of the Affordability Equation

Housing Wealth: The Missing Piece of the Affordability Equation

By Better Homes and Gardens Green Team | June 17, 2021

The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. However, skyrocketing prices are causing some to start questioning affordability in the current housing […]

Hope Is on the Horizon for Today’s Housing Shortage

By Better Homes and Gardens Green Team | June 15, 2021

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates it’s a buyers’ market, but an inventory level below […]

Have Your Day in the Sun by Moving Up This Summer

By Better Homes and Gardens Green Team | June 11, 2021

Some Highlights Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade – there’s likely high demand for your current house, and today’s low mortgage rates can help you afford your dream home. If you’re ready to […]

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

By Better Homes and Gardens Green Team | June 8, 2021

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price […]

Why You May Want To Cash in on Your Second Home

Why You May Want To Cash in on Your Second Home

By Better Homes and Gardens Green Team | June 7, 2021

When stay-at-home mandates were enforced last year, many households realized their homes didn’t really fulfill their new lifestyle needs. An office (in some cases two), a media room, space for children to learn, a gym, and a large yard are all examples of amenities that became highly desirable almost overnight. Zelman & Associates recently reported that sales of […]

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