by Troy Jones | Jul 26, 2024 | Equity, For Buyers, For Sellers, Infographics
Some HighlightsEquity is the difference between what your house is worth and what you still owe on your mortgage.The typical homeowner gained $28,000 over the past year and has a grand total of $305,000 in equity. And there are a lot of great ways you can use that...
by Troy Jones | Jul 25, 2024 | Economy, For Buyers, For Sellers, Mortgage Rates
As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead.One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow...
by Troy Jones | Jul 17, 2024 | Agent Value, For Sellers, Selling Tips
If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains:“Buyers are still out there and they’re willing to...
by Troy Jones | Jul 11, 2024 | Downsize, Equity, For Sellers, Selling Tips
Retirement is a time for relaxation, adventure, and enjoying the things you love. As you imagine this exciting new chapter in your life, it’s important to think about whether your current home still fits your needs. If it’s too big, too costly, or just not...
by Troy Jones | Jul 9, 2024 | For Sellers, Home Prices, Selling Tips
If you’re thinking about selling your house, here’s something you really need to know. Even though it’s still a seller’s market today, you can’t pick just any price for your listing.While home prices are still appreciating in most areas, they’re climbing at a slower...
by Troy Jones | Jul 3, 2024 | Equity, For Sellers, Selling Tips
If you own a home, your net worth has probably gone up a lot over the past year. Home prices have been rising, which means you’re building equity much faster than you might think. Here’s how it works.Equity is the current value of your home minus what you owe on...
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