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 […]

How To Approach Rising Mortgage Rates as a Buyer

By Nicole McCormick | April 26, 2022

In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in hopes that rates will […]

Why Pre-Approval Is an Important Step for Today’s Homebuyers

By Nicole McCormick | April 19, 2022

Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check out your personal finances […]

Is It Time To Buy a Smaller Home?

By Nicole McCormick | April 19, 2022

Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies. But what does that […]

What Is Multigenerational Housing? [INFOGRAPHIC]

By Nicole McCormick | April 19, 2022

Some Highlights If you have additional loved ones coming to live with you but don’t have enough space, it may be time to consider a larger, multigenerational home. Some key benefits of multigenerational living include a combined homebuying budget, shared caregiving duties, enhanced relationships, and more. These benefits might be why more people are choosing to live in multigenerational homes […]

Where Are Mortgage Rates Headed?

By Nicole McCormick | April 14, 2022

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” […]

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

By Nicole McCormick | April 14, 2022

If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers, you’re probably working on a bit of spring cleaning and maintenance to spruce up your house before you list it. Either way, any money […]

The Future of Home Price Appreciation and What It Means for You

By Nicole McCormick | April 7, 2022

Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at First American, tweeted just last week […]

Remote Work Trends Mean Flexibility for First-Time Homebuyers

By Nicole McCormick | April 7, 2022

Today’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services explains how the ongoing trend of remote […]

What You Need To Budget for When Buying a Home

By Nicole McCormick | April 7, 2022

When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll need […]

Balancing Your Wants and Needs as a Homebuyer Today

By Nicole McCormick | April 7, 2022

Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist for realtor.com, explains it like this: […]

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

By Nicole McCormick | April 7, 2022

Some Highlights With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control. Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels. If you’re planning to buy a home this year, […]

There Are Several Great Reasons To Consider Buying a Condo Today

By Nicole McCormick | March 31, 2022

If you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are a […]

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