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3 Key Factors Affecting Home Affordability

by Troy Jones | Jan 18, 2024 | Buying Myths, For Buyers, Move-Up Buyers, Pricing

Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more...

Homeownership Is Still at the Heart of the American Dream

by Troy Jones | Jan 15, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers

Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist...

Home Prices Forecast To Climb over the Next 5 Years [INFOGRAPHIC]

by Troy Jones | Jan 12, 2024 | Buying Myths, For Buyers, Housing Market Updates, Infographics, Pricing, Rent vs. Buy

Some HighlightsIf you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028.Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in...

The Dramatic Impact of Homeownership on Net Worth

by Troy Jones | Jan 11, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Rent vs. Buy

If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision.Every three years, the Federal Reserve releases the Survey of Consumer Finances...

Avoid These Common Mistakes After Applying for a Mortgage

by Troy Jones | Jan 10, 2024 | Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers

If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before...

Ways Your Home Equity Can Help You Reach Your Goals

by Troy Jones | Jan 9, 2024 | For Buyers, For Sellers, Move-Up Buyers

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this:“. . . your home’s equity is the difference between...
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