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What Homebuyers Need To Know About Credit Scores

by Troy Jones | Jun 22, 2023 | First Time Home Buyers, For Buyers, Move-Up Buyers

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...

Why the Median Home Price Is Meaningless in Today’s Market

by Troy Jones | Jun 20, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home...

Saving for a Down Payment? Here’s What You Need To Know.

by Troy Jones | Jun 19, 2023 | Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to...

How Owning a Home Grows Your Wealth with Time [INFOGRAPHIC]

by Troy Jones | Jun 16, 2023 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers, Pricing

Some HighlightsIf 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...

Why Buying or Selling a Home Helps the Economy and Your Community

by Troy Jones | Jun 15, 2023 | For Buyers, For Sellers

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...

A Drop in Equity Doesn’t Mean Low Equity

by Troy Jones | Jun 14, 2023 | For Buyers, For Sellers, Housing Market Updates, Move-Up Buyers, Pricing

You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how...
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