Three Reasons to Buy a Home this Fall

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October 1, 2018

  While the spring and summer are considered peak seasons for home sales, the fall season presents unique opportunities for savvy homebuyers. Consider the following benefits as you shop for a home this fall. Big Savings When you buy a house, you may want to make some enhancements to put your personal touch on it to make it your home. Did you know Consumer Reports recommends homebuyers coordinate their home…

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Gen X Experiences a Boom in Home Equity

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September 5, 2018

According to a recent study, Gen Xers (those born between 1965 – 1983) experienced some of the biggest decreases in home equity during the great recession. However, nearly 10 years later, the median net worth of these same homeowners has risen by 115%. Based on an analysis of Federal Reserve data, the study finds that Gen Xers are the only generation of households to recover the wealth they lost during…

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Rates May Be Rising, But Homes Are More Affordable Today Than You Think

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May 9, 2018

If you’ve been following the housing market, you may be seeing that rates are rising and home inventory is low. This means that fewer homeowners are putting their homes up for sale, making the market more competitive while mortgage rates go up. However, American’s may not realize that while rates are rising they are still at historic lows. This Spring, Trulia released a blog, Not Your Father’s Housing Market, that…

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How Homeownership Helps You Build Wealth

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May 9, 2018

According to a new study in Housing Wire (March 26, 2018), Millennials will spend $100,000 on rent by the time they are 30 years old. The research indicates that rent consumes up to 45% of Millennial income today. With this generation spending nearly half of their income on rent without gaining equity, it may not just prolong their entry into the housing market, but it may also impact their long-term…

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