Some HighlightsIn a recent poll from Gallup, real estate has once again been voted the best long-term investment. And it’s claimed that top spot for 12 straight years now.That’s because homeownership is one of the top ways to build your wealth, even with home price growth moderating and ongoing economic uncertainty.If you’ve been trying to decide if it makes sense to buy a home today, connect with an agent to talk about the programs that can help you become a homeowner. … [Read more...]
Navigating Today’s Market
Wondering how to make sense of today’s housing market? You’re not alone. A lot of people are asking what’s ahead for inventory, prices, the economy, and more. You deserve answers — and that’s where your trusted local REMAX® agent comes in. … [Read more...]
Thinking about an Adjustable-Rate Mortgage? Read This First.
If you’ve been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity? Adjustable-rate mortgages (ARMs).If you remember the crash in 2008, this may bring up some concerns. But don’t worry. Today’s ARMs aren’t the same. Here’s why.Back then, some buyers were given loans they couldn’t afford after the rates … [Read more...]
Weekend Projects To Boost the Value of Your Home
With the cost of just about everything going up these days — groceries, gas and utilities — you might be feeling like now just isn’t the time to take on any home projects. But remember, you don’t need to tackle a full-on renovation to make a big impact.And if you don’t know where to start or what’s worth doing, lean on your trusted REMAX® agent for advice before you get your projects started.Sometimes, small weekend projects still pack a big punch.Here are a few examples of smart, budget-friendly updates you can do … [Read more...]
What Happens to the Housing Market When the Economy Slows Down?
There’s a lot of noise out there about what an economic slowdown could mean for the housing market. And if it leaves you feeling a little uneasy, you’re not alone. But here’s the thing.If you’re worried about what a potential recession could mean for the value of your home, or your homebuying power, your trusted REMAX® agent is here to help set the record straight. You don't have to fear the market when you understand what the data actually shows.A Recession Doesn’t Automatically Mean Home Prices Will FallIt’s easy … [Read more...]
Why Now Could Be the Sweet Spot for Sellers
Over the past year, a lot of people put their moving plans on hold. Affordability weakened, and it was harder to find a home in budget, especially when inventory was so low. But things are shifting in a big way. Today, a rare balance is emerging — more choices when you buy, but still strong conditions when you sell.If you stepped back from your plans last year, your trusted REMAX® agent wants you to know: the door is opening again. The only question is, will you walk through it before it closes?Inventory Is Up — … [Read more...]
What Waiting To Buy Could Cost You
A lot of people want to buy a home, but they feel stuck in “wait and see” mode. Maybe you’re one of them. You’re holding your breath, hoping prices will fall or rates will come back down. But while you’re waiting, the market is moving — without you.The reality is, trying to time the market rarely works. The longer you sit on the sidelines, the harder it may get to jump in later. That’s why your trusted REMAX® agent is here to share a simple but powerful truth: Time in the Market Beats Timing the Market.Prices May … [Read more...]
More Homes for Sale Isn’t a Warning Sign – It’s Your Buying Opportunity
Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash.But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of the market returning to a more stable, healthy place.What’s Going on With Inventory?Based on the latest data from Realtor.com, inventory just hit its highest point since 2020, shown with the white line in the graph below.But what … [Read more...]
What Buyers Need To Know About Homeowners Association Fees
When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s a possibility, depending on where you decide to live.A homeowners association is basically an organization that oversees a housing community (including shared spaces) and sets and enforces rules for things like upkeep. Some buyers love the perks that come … [Read more...]
You Could Use Some of Your Equity To Give Your Children the Gift of Home
If you’re a homeowner, chances are you’ve built up a lot of wealth – just by living in your house and watching its value grow over time. And that equity? It’s something that could help change your child’s life.Since affordability is still a challenge, a lot of first-time buyers are struggling to buy a home in today’s market. Even if they have a stable job and a solid plan, buying can still feel out of reach. But that’s where your equity could make all the difference.To give you an idea, the average homeowner with a … [Read more...]
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