Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Consider this: if you know people who bought a home 5, 10, or even 30 […]
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Why Even Your Home May Need Flood Insurance
How to Protect Your Home (and Not Break Your Budget) Series Once you buy a home, it’s now all your responsibility! But are you truly prepared for the unexpected? This series is a great overview on what you need to know when it comes to getting homeowner’s insurance, keeping your home safe and secure, and […]
Homeownership Helps Protect You from Inflation
Some Highlights Wondering if it makes sense to buy a home today even when inflation is high? When other costs go up due to inflation, buying a home helps you keep your monthly housing expense steady. Rents typically increase with inflation. Maybe that’s why, according to a recent survey, 65.1% of landlords say they plan to raise the rent of at least one of their […]
What Homebuyers Need To Know About Credit Scores
If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine your mortgage rate. […]
Eco-Friendly, Energy-Efficient Homes Attract Buyers
Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. In fact, the 2023 Realtors and Sustainability Report from the National Association of Realtors (NAR) shows 48% of agents or brokers have noticed consumers are interested in sustainability. […]
Take Inventory of Your Home
How to Protect Your Home (and Not Break Your Budget) Series Our 4-part series is a must for every homeowner. Once you buy a home, it’s now all your responsibility! But are you truly prepared for the unexpected? This series is a great overview on what you need to know when it comes to getting […]
How Owning a Home Grows Your Wealth with Time
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. Over time, homeownership allows you to build equity. On average, nationwide home prices appreciated by 290.2% over the last 32 years. That means your net worth can grow significantly in the long term when you own a home. Let’s connect so you can start your homebuying journey today. https://www.simplifyingthemarket.com/en/2023/06/16/how-owning-a-home-grows-your-wealth-with-time-infographic?a=773980-ee34136feb3b7bf04685ce2617a71de0 Facebook […]
Why Buying or Selling a Home Helps the Economy and Your Community
If you’re thinking about buying or selling a house, it’s important to know that it doesn’t just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates that impact: As the visual shows, when a house is sold, it can make […]
The Main Reason Mortgage Rates Are So High
Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High? When Will Rates Go Back Down? […]
Quick Tips to Lower Your Homeowner’s Insurance
How to Protect Your Home (and Not Break Your Budget) Series Our 4-week series is a must for every homeowner. Once you buy a home, it’s now all your responsibility! But are you truly prepared for the unexpected? This series is a great overview on what you need to know when it comes to getting […]