![Homeownership Builds Your Wealth over Time [INFOGRAPHIC]](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSIxMDgwIiBoZWlnaHQ9IjY3NSIgdmlld0JveD0iMCAwIDEwODAgNjc1Ij48cmVjdCB3aWR0aD0iMTAwJSIgaGVpZ2h0PSIxMDAlIiBzdHlsZT0iZmlsbDojMDAwMDAwO2ZpbGwtb3BhY2l0eTogMC4xOyIvPjwvc3ZnPg==)
Jan 27, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing
![Homeownership Builds Your Wealth over Time [INFOGRAPHIC] Simplifying The Market](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHdpZHRoPSI3NTAiIGhlaWdodD0iMTk1IiB2aWV3Qm94PSIwIDAgNzUwIDE5NSI+PHJlY3Qgd2lkdGg9IjEwMCUiIGhlaWdodD0iMTAwJSIgc3R5bGU9ImZpbGw6IzAwMDAwMDtmaWxsLW9wYWNpdHk6IDAuMTsiLz48L3N2Zz4=)
Some Highlights
- If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
- On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.
Jan 24, 2023 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to
experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at
CoreLogic,
shares:
Jan 23, 2023 | For Sellers, Housing Market Updates, Pricing, Selling Myths
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of
selling your house soon, that means you’ll want to adjust your expectations accordingly. As
realtor.com explains:
Jan 18, 2023 | For Buyers, For Sellers, Housing Market Updates, Pricing
Whether you’re already a homeowner or you’re looking to become one, the recent headlines about
home prices may leave you with more questions than answers.
News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the
crash in 2008.
Dec 21, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before […]
Dec 20, 2022 | For Sellers, Housing Market Updates, Pricing
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the current value of your home minus what you owe on the loan. Because there was […]
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