Posts in category 'Buying A Home'
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15
Is Now a Good Time To Move?
How long have you lived in your current home? If it's been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in their homes for an average of 10 years. That's a long time to time to be in one place, considering the average length of time homeowners used to stay put hovered closer to 6 years.Â
With today's changing homebuyer needs, especially given how the current health crisis has altered our daily lifestyles, many homeowners are reconsidering where they're at and thinking about moving to a home with more space for their families. Here's why it might be a great time to make that...
23
Want To Make a Move? Homeowner Equity is Growing Year Over Year
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One of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country. According to the recently released Homeowner Equity Insights Report from CoreLogic, in nearly every state there was a year-over-year first-quarter equity increase, averaging out to a 6.5% overall gain.
The report notes:
"CoreLogic analysis shows U.S. homeowners with mortgages (roughly 63% of all properties) have seen their equity increase by a total of nearly $590 billion since the first quarter of 2019, an increase of 6.5%, year over year." (See map below):
29
5 Ways to Know If a Neighborhood is Safe
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When you're searching for a new home, there are a number of things to take into consideration. Â Few will impact your long-term happiness like its location. The neighborhood you choose is critical for many reasons including your lifestyle goals, transportation concerns, and resale value.
While the vibe of your new neighborhood is important, you'll also want to make sure you're choosing a safe location. Doing some research will give allow you peace of mind. These five tips will help you determine whether your potential new neighborhood is safe for you and your family.
- Research Crime Reports
The internet is a wealth of information, and visiting a few websites can tell you a lot about a neighborhood. Crime Repor...
9
Why Use a REALTOR®?
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Your home will probably be the MOST EXPENSIVE purchase you ever make.Â
Both financially and emotionally, a housing choice is a major milestone and a significant transaction. It is essential to work with a professional that you trust and who can guide you expertly through a complicated process. REALTORS® are indisputably the leaders of the real estate industry – we subscribe to a Code of Ethics that ensures clients' priorities are always protected, and we pursue in-depth education on all issues that could affect your ability to buy, sell, or rent a property.
Not every broker, agent or sales associate is a REALTOR®. What's the difference between a REALTOR®Â...
2
The Benefits of Homeownership May Reach Further Than You Think
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More than ever, our homes have become an integral part of our lives. Today they are much more than the houses we live in. They're evolving into our workplaces, schools for our children, and safe havens that provide shelter, stability, and protection for our families through the evolving health crisis. Today,  65.3% of Americans are able to call their homes their own, a rate that has...