Buying a home is an exciting process, but it’s important to remember that there are costs associated with homeownership beyond the principal and interest amounts. Closing costs are one of those costs, and they cover a range of fees related to transferring the title from the previous owner’s name to yours. Let’s break down what […]
For many people, saving up for a down payment on a mortgage is a daunting task. Where do you even begin? Do you have to give up everything you love? Luckily, there are many small tweaks you can make to your budget that can end up saving you big in the long run. Here are […]
Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. […]
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 […]
While it’s true that housing prices have been rising steadily for the past few years, it’s not a bad thing as the media would have you think. Yes, it’s harder for first-time buyers to enter the market, but existing homeowners are seeing their equity grow. And, contrary to what some reports would have you believe, […]