If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll benefit your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much […]
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home you purchase. So, when rates rise, so […]
Many consumers are wondering what will happen to home price appreciation 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 […]
If you’re looking to buy a home it’s always better to start sooner rather than later. Keep reading to learn why! Homeowners who buy their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. The organization surveyed adults who turned 60 or 61 […]
Working with trusted brokers can help ease those concerns and make the process of homeownership much easier to understand. Continue reading to learn more. In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to […]