by Troy Jones | Aug 14, 2024 | Affordability, Economy
In recent years, there’s been a significant shift in how wealth is distributed among generations. It’s called the Great Wealth Transfer.Historically, the transfer of wealth from one generation to the next was a more gradual process, often limited to smaller amounts of...
by Troy Jones | Aug 13, 2024 | Affordability, Economy, For Buyers, Home Prices, Mortgage Rates
Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the...
by Troy Jones | Aug 8, 2024 | Affordability, For Buyers, For Sellers, New Construction
If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes....
by Troy Jones | Aug 7, 2024 | Affordability, Economy, For Buyers, Mortgage Rates
Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the...
by Troy Jones | Jul 22, 2024 | Affordability, Buying Tips, For Buyers
There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it.Consider Moving to a More Affordable AreaToday’s high mortgage rates combined with continually rising...
by Troy Jones | Jun 3, 2024 | Affordability, For Buyers
With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all.And while you ultimately need to be able to afford a home you...
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