You may have seen reports in the news recently saying it’s more affordable to rent right now than to buy a home. While that may be true in some markets, if you just look at typical monthly payments, home equity is one thing that the numbers aren’t factoring in. Here’s a look at how big […]

Have you been saving up to buy a home this year? If so, you know many expenses are involved – from down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains: “If one of your goals is to stop […]

There’s no arguing it: affordability is still tight. If you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still within your budget. But there is a silver lining: builders are now focused on building these smaller homes and offering incentives. That can help give […]

Buying a home this spring? You’re probably navigating today’s affordability challenges and dealing with the limited number of homes for sale. But what if there was a solution that could help with both? If you’re having trouble finding a home you love and mortgage rates are putting pressure on your budget, it may be time to consider newly […]

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change. The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the […]

Are you thinking about buying a home? If so, you’re probably wondering: Should I buy now or wait? Nobody can decide for you, but here’s some information to help you decide. What’s Next for Home Prices? Each quarter, Fannie Mae and Pulsenomics publish the Home Price Expectations Survey (HPES) results. It asks more than 100 […]

Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting that home prices would drop by as much as 10-20%, which might have made you feel a bit unsure about buying a home. But here’s what actually happened: home prices […]

If you’re trying to buy a home and are having difficulty finding one you can afford, it may be time to consider a fixer-upper. That’s a house that needs a little elbow grease or some updates, but has good bones. Fixer-uppers can be a really great option if you’re looking to break into the housing market or […]

If you want to buy a home, understand that your credit score is critical when qualifying for a mortgage. Lenders review your credit to see if you typically make timely payments, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article from US Bank explains: “A credit score isn’t […]

Buying your first home is a big, exciting step and a significant milestone that can improve your life. As a first-time homebuyer, it’s a dream you can make come true. Still, there are some hurdles you’ll need to overcome in today’s housing market – specifically, the limited supply of homes for sale and ongoing affordability challenges. So, if […]