by Troy Jones | Jan 30, 2024 | For Buyers, Interest Rates
If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why?The answer is complicated because there’s a...
by Troy Jones | Jan 26, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing
Some HighlightsHome affordability depends on three factors: mortgage rates, home prices, and wages.Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual.That’s good news if you...
by Troy Jones | Jan 25, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers
Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to...
by Troy Jones | Jan 24, 2024 | Buying Myths, For Buyers, Housing Market Updates, Move-Up Buyers
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale.The Mortgage Rate Lock-In...
by Troy Jones | Jan 23, 2024 | First Time Home Buyers, For Buyers, Housing Market Updates, Pricing
Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every...
by Troy Jones | Jan 19, 2024 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers
Some HighlightsBuying a home is a big deal and can feel especially complicated if you don’t know the terms used during the process.If you want to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate...
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