HOmeownership

July 2, 2022

A Key Opportunity for Homebuyers

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There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things ...

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May 21, 2022

Why This Housing Market Is Not a Bubble Ready To Pop

Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream.

 

Prior to the 1950s, less than half of the country owned their own home. However ...

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May 3, 2022

What You Need To Know About Selling in a Sellers’ Market

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Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to ...

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Posted in HOmeownership
March 23, 2022

The Average Homeowner Gained More Than $55K in Equity over the Past Year

If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may ...

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Posted in HOmeownership
Feb. 3, 2021

Want to Build Wealth? Buy a Home This Year.

 

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 ...

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Posted in HOmeownership
Jan. 28, 2021

What Happens When Homeowners Leave Their Forbearance Plans?

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According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the COVID-19 pandemic. Here’s where these homeowners stand right now:

 

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Posted in HOmeownership
Jan. 28, 2021

Why Moving May Be Just the Boost You Need

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As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve their mental health and well-being. This is ...

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Posted in HOmeownership
Dec. 23, 2020

The Difference a Year Makes for Homeownership

Over the past year, mortgage rates have fallen more than a full percentage point, hitting a new historic low 15 times. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them.

1. Move-up or Downsize: One ...

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Nov. 17, 2020

Why Working from Home May Spark Your Next Move

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If you’ve been working from home this year, chances are you’ve been at it a little longer than you initially expected. Businesses all over the country have figured out how to operate remotely to keep their employees healthy, safe, and productive. For many, it may be carrying into next ...

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Posted in HOmeownership
June 19, 2020

Want to Make a Move? Homeowner Equity is Growing Year-Over-Year

Homeowner Equity

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 ...

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