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Understanding the Benefits of Owning Your First Home

by Troy Jones | Oct 4, 2023 | Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:“When asked why they purchased their first home recently, the answer was...

Your Home Equity Can Offset Affordability Challenges

by Troy Jones | Sep 19, 2023 | For Sellers, Housing Market Updates, Interest Rates, Selling Myths

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that...

Why Is Housing Inventory So Low?

by Troy Jones | Sep 14, 2023 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, New Construction

One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why.There aren’t enough...

Mortgage Rates: Past, Present, and Possible Future

by Troy Jones | Sep 6, 2023 | Housing Market Updates, Interest Rates

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of...

How Inflation Affects the Housing Market

by Troy Jones | Aug 31, 2023 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two.The Relationship Between Housing Inflation and...

Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages

by Troy Jones | Aug 22, 2023 | Buying Myths, For Buyers, Interest Rates

If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s...
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