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Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider.
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow.
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week.
- If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters.
- While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is 3-4%.
You might remember the housing crash in 2008, even if you didn't own a home at the time.
- If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership.
- As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated by 2% since 1991.
Are you thinking about selling your house?
Holding off on selling your house because you believe there aren’t any buyers out there?
Today’s mortgage rates are top-of-mind for many homebuyers right now.
One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.
- Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.
- Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity that can fuel a move.
An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.
- Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase.
- And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%.
- VA Loans can help make homeownership possible for those who have served our country.
- These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house.
“The rumors of my death are greatly exaggerated.”The famous quote attributed to Mark Twain can apply to homeownership in the United States today. During the housing bubble of the last decade, the homeownership rate soared to over sixty-nine percent. After the crash, that percentage continued to fall for the next ten years.