Overall housing inventory plummeted 43% in January compared with the same month last year, according to a recent realtor.com® report. New listings were down 23% year over year.
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The Truths Young Homebuyers Need To Hear
Published Tuesday, July 27, 2021
If you’re interested in buying but aren’t sure where to begin, here are three key concepts about homeownership you should understand before you get started.
more»The Everything Guide to Buying Your First Home
Published Monday, July 19, 2021
So you’re thinking about buying your first home. Your very own house (and mortgage). A place to call — and make — your own.
It’s a big move, literally and figuratively. Buying a house requires a serious amount of money and time. The journey isn’t always easy. It isn’t always intuitive. But when you get the keys to your more»
Why Not to Wait Until Spring to Make a Move
Published Thursday, February 25, 2021
The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest wins for homebuyers this season.
more»Home Buyers Have It Tough as Nation Faces Unprecedented Housing Shortage
Published Saturday, February 20, 2021
What Record-Low Housing Inventory Means for You
Published Monday, February 15, 2021
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today. Last week, the National Association of Realtors (NAR) released their Existing Home Sales Report, which shows that the inventory of homes for sale is currently at an all-time low.
more»Want To Build Wealth? Buy a Home This Year
Published Wednesday, February 10, 2021
Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely take into consideration monthly housing costs, tax advantages, and other incremental expenses. Using these measurements, recent studies show that it’s still more affordable to own than rent in most of the country.
There is, however, another financial advantage to owning a home that’s often forgotten in the analysis – the wealth built through equity when you own a home.
more»Why Owning a Home Is a Powerful Financial Decision
Published Friday, February 5, 2021
In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future. Here’s a dive into three often-overlooked financial benefits of homeownership and how preparing for them now can steer you in the direction of greater financial security and savings.
more»6 Coronavirus-Friendly Home Upgrades That Cost Less Thank $10K - and Will Bring In Offers
Published Saturday, January 23, 2021
Getting a home improvement project to pay off is notoriously tricky. There's no guarantee you'll recoup the money you pour into a bathroom remodel or an outdoor kitchen. Plus, the COVID-19 pandemic has made completing even minor projects more difficult, as many nonessential construction projects have been halted.
And while it might seem crazy to take on a big-ticket project in a time of economic uncertainty, many home buyers are still looking for turnkey properties with attractive amenities. So if you're a seller with a house in need of a little TLC, you should focus on relatively low-budget upgrades that will seriously juice your home’s value.
Below, our experts spill on the improvements under $10,000 that buyers are perennially interested in, plus the trending ones whose popularity is likely to last.
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