For Buyers, , Page 45

A Smaller Home Could Be Your Best Option

February 22, 2023 Eileen Kedersha

Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:

The Two Big Issues the Housing Market’s Facing Right Now

February 21, 2023 Eileen Kedersha

The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:

Wondering What’s Going on with Home Prices?

February 16, 2023 Eileen Kedersha

The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.

Should You Consider Buying a Newly Built Home?

February 15, 2023 Eileen Kedersha

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.

Why It’s Easy To Fall in Love with Homeownership

February 14, 2023 Eileen Kedersha

No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours.

What You Should Know About Closing Costs

February 13, 2023 Eileen Kedersha

Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for.

How To Win as a Buyer in Today’s Housing Market [INFOGRAPHIC]

February 10, 2023February 10, 2023 Brittany Fisher

Some Highlights

In today’s housing market, you can still be the champion if you have the right team and strategy.
To win as a buyer, you need to build your team, make strategic plays, consider what’s in and out of bounds, and stand out from the crowd.

Why Today’s Housing Market Isn’t Headed for a Crash

February 9, 2023 Eileen Kedersha

67% of Americans say a housing market crash is imminent in the next three years. With all the talk in the media lately about shifts in the housing market, it makes sense why so many people feel this way. But there’s good news. Current data shows today’s market is nothing like it was before the housing crash in 2008.

How Experts Can Help Close the Gap in Today’s Homeownership Rate

February 7, 2023 Eileen Kedersha

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. It’s an important experience to talk about, along with how it can make all the difference for diverse homebuyers to work with the right real estate experts.

You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC]

February 3, 2023 Eileen Kedersha

Some Highlights

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%.