Blogs For Home Buyers

Weekly Market Update: 03/15/24

By Jane Tuomala | Mar 18, 2024 | 0 Comments

Week Ending 03/15/2024 Weekly Market Update: High Inflation Helping you navigate the market High Inflation Stronger than expected inflation data was negative for mortgage markets this week. A shortfall in consumer spending was a distant second in importance to investors, and mortgage rates ended the week higher. The Consumer Price Index (CPI) is one of […]

Weekly Market Update: 03/08/24

By Jane Tuomala | Mar 9, 2024 | 0 Comments

Economic Data Weekly Market Update for Week Ending in 03/08/2024 Helping you navigate the market Unemployment Rate Climbs This week, the major economic data was weaker than expected, and there were no unfavorable surprises from the Fed. As a result, mortgage rates ended a little lower. Following very strong gains in January, the economy added […]

Weekly Market Update – 01/26/2024

By Jane Tuomala | Jan 26, 2024 | 0 Comments

Week Ending 01/26/2024 Weekly Market Update Helping you navigate the market Inflation Eases The major inflation data released this week was right on target. While GDP growth exceeded expectations, its impact was minor. As a result, mortgage rates ended the week with little change. Fed officials keep a close eye on inflation, and the PCE […]

Weekly Market Update for Week Ending 12/08/2023

By Nicole McCormick | Dec 9, 2023 | 0 Comments

Weekly Market Update from Cross Country Mortgage for the Week Ending 12/8/23 Mixed Labor Market Data The major economic data released this week revealed mixed results. This caused some volatility during the week, but mortgage rates ended with little change. In November, the economy added 199,000 jobs, above the consensus forecast of 180,000, but the […]

Weekly Market Update for Week Ending 12/01/2023

By Better Homes and Gardens Green Team | Dec 1, 2023 | 0 Comments

Weekly Market Update from Cross Country Mortgage for Week Ending 12/01/2023 Helping you navigate the market Focus on Fed Officials While the major economic data released this week caused little reaction, surprisingly dovish (in favor of looser monetary policy) comments from a Fed official were favorable for mortgage markets. As a result, rates ended the […]

Weekly Market Update for Week Ending 7/28/2023

By Better Homes and Gardens Green Team | Jul 28, 2023 | 0 Comments

Weekly Market Update from Cross Country Mortgage for the Week Ending 7/28/2023 Helping you navigate the market Fed Hikes Rates If the goal of Fed officials was to avoid any surprises at the meeting on Wednesday, they succeeded, completely sticking to the expected script. They raised the federal funds rate by 25 basis points to […]

Weekly Market Update for Week Ending 7/21/2023

By Better Homes and Gardens Green Team | Jul 22, 2023 | 0 Comments

Weekly Market Update from Cross Country Mortgage for the Week Ending 7/21/2023 Helping you navigate the market CONSUMER SPENDING RISES Mortgage markets were relatively quiet over the past week. There were no significant surprises in the economic data, and Fed officials refrained from any speaking appearances ahead of the meeting next week. As a result, […]

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, […]

Is the Health Crisis Driving Buyers Out of Urban Areas?

By Better Homes and Gardens Green Team | July 7, 2020

The pandemic has caused consumers to re-examine the components that make up the “perfect home.” Many families are no longer comfortable with the locations and layouts of their existing homes. The allure of city life (more congested) seems to be giving way to either suburban or rural life (less congested). The fascination with an open […]

Purchase This Year

Three Reasons Homebuyers Are Ready to Purchase This Year

By Better Homes and Gardens Green Team | June 17, 2020

A recent survey by Lending Tree tapped into behaviors of over 1,000 prospective buyers. The results indicated 53% of all homebuyers are more likely to buy a home in the next year, even amid the current health crisis. The survey further revealed why, naming several reasons buyers are more likely to move this year (see graph below): Let’s break down why these […]

A Surprising Shift to the ‘Burbs May Be on the Rise

By Better Homes and Gardens Green Team | May 19, 2020

  While many people across the U.S. have traditionally enjoyed the perks of an urban lifestyle, some who live in more populated city limits today are beginning to rethink their current neighborhoods. Being in close proximity to everything from the grocery store to local entertainment is definitely a perk, especially if you can also walk […]

Two Big Myths in the Homebuying Process

By Better Homes and Gardens Green Team | March 17, 2020

  The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding […]

New Homes Coming to the Housing Market This Year

By Better Homes and Gardens Green Team | March 11, 2020

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will begin to come to market over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Construction Report, the number of building permits issued in January was 1,551,000. This is a […]

Confidence Is the Key to Success for Young Homebuyers

By Better Homes and Gardens Green Team | March 11, 2020

[et_pb_section fb_built=”1″ _builder_version=”3.18.2″][et_pb_row _builder_version=”3.18.2″][et_pb_column type=”4_4″ _builder_version=”3.18.2″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.18.2″] Buying your first home can seem overwhelming. Thankfully, there’s a lot of great information out there to help you feel more confident as you learn about the process. For those in younger generations who aspire to buy, here are three things to consider sooner rather than […]

3 Benefits to Buying Your Dream Home This Year

By Better Homes and Gardens Green Team | January 6, 2020

[et_pb_section fb_built=”1″ _builder_version=”3.18.2″][et_pb_row _builder_version=”3.18.2″][et_pb_column type=”4_4″ _builder_version=”3.18.2″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.18.2″] Outside of a strong economy, low unemployment, and higher wages, there are three more great reasons why you may want to consider buying your dream home this year instead of waiting. 1. Buying a Home is a Great Investment Several reports indicate that real estate is […]

3 Reasons This is NOT the 2008 Real Estate Market

By Better Homes and Gardens Green Team | November 5, 2019

[et_pb_section fb_built=”1″ _builder_version=”3.18.2″][et_pb_row _builder_version=”3.18.2″][et_pb_column type=”4_4″ _builder_version=”3.18.2″ parallax=”off” parallax_method=”on”][et_pb_image src=”https://assets.agentfire3.com/uploads/sites/77/2019/11/Apples-and-oranges.jpg” _builder_version=”3.18.2″][/et_pb_image][/et_pb_column][/et_pb_row][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”3.18.2″][et_pb_row _builder_version=”3.18.2″][et_pb_column type=”4_4″ _builder_version=”3.18.2″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.18.2″] No one knows for sure when the next recession will occur. What is known, however, is that the upcoming economic slowdown will not be caused by a housing market crash, as was the case in 2008. There […]

Important Distinction Homes Are Less Affordable, Not Unaffordable

How to Determine If You Can Afford to Buy a Home

By Better Homes and Gardens Green Team | October 31, 2019

The gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today. It is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to […]

4 Reasons to Buy a Home This Fall

By Better Homes and Gardens Green Team | October 28, 2019

Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insights Report shows that home prices have appreciated by 3.6% over the last 12 months. The same report predicts prices will continue to increase at a rate of 5.8% over the next year. The bottom […]

Top Priorities When Moving with Kids

By Better Homes and Gardens Green Team | August 28, 2019

[et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.0.74″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”]According to the Pew Research Center, around 37% of U.S students will be going back to school soon and the rest have already started the new academic year. With school-aged children in your home, buying or selling a house can take […]

Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]

By Better Homes and Gardens Green Team | August 19, 2019

[et_pb_section fb_built=”1″ _builder_version=”3.0.47″][et_pb_row _builder_version=”3.0.48″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ parallax=”off” parallax_method=”on”][et_pb_text _builder_version=”3.18.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] Buying a Home: Do You Know the Lingo? [INFOGRAPHIC] Some Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some […]

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