You May Have Enough Equity To Downsize and Buy Your Next House in Cash

You May Have Enough Equity To Downsize and Buy Your Next House in Cash

Have you been holding off on downsizing? If so, you should know your equity could make your move possible. Homeowners today have so much equity that a record number are buying their next house in all cash. And that has some big benefits like making their offer more appealing, potentially closing faster, and not having a mortgage payment. To find out how much equity you have in your current house,...

Your House Didn’t Sell. Here’s What To Do Now

Your House Didn’t Sell. Here’s What To Do Now

When your house doesn't sell, it doesn't just feel frustrating – it feels personal. You put time, money, and emotional energy into this move. You told your friends and family it was happening. And now that your listing has expired without a buyer? You're left feeling stuck, and maybe even a little embarrassed. And here's what most agents won't tell you. Over 70% of homeowners who re-list...

Is Inventory Getting Back To Normal?

Is Inventory Getting Back To Normal?

After years of it feeling almost impossible to find a home you want to buy, things are changing for the better. Nationally, inventory is growing, and that gives you more options for your move. But here’s what you need to know. That level of growth is going to vary based on where you live. And that’s why you need an agent’s local market expertise. Here’s a quick rundown of the current...

The Five-Year Rule for Home Price Perspective

The Five-Year Rule for Home Price Perspective

Headlines are saying home prices are starting to dip in some markets. And if you’re beginning to second guess your plans based on what you’re hearing in the media, here’s what you need to know. It's true that a few metros are seeing slight price drops. But don't let that overshadow this simple truth. Home values almost always go up over time (see graph below): While...

Buying Your First Home? FHA Loans Can Help

Buying Your First Home? FHA Loans Can Help

If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan. They’re designed to help you overcome some of the biggest financial hurdles in the homebuying process – and that’s...

The Big Difference Between a Homeowner’s and a Renter’s Net Worth

The Big Difference Between a Homeowner’s and a Renter’s Net Worth

Homeownership is one of the best ways to build wealth in our country and it’s easy to see why. As you pay down your mortgage and as home values rise over time, you gain equity – and that helps grow your net worth. That’s why a homeowner’s net worth is nearly 40X greater than a renters. But you should only buy a home when you’re ready and able to do it. If you want to build a plan to get...

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