For those who have owned their homes for a few years, an important aspect to explore is home equity. If this term is new to you, Freddie Mac defines it succinctly: . . . your home’s equity is the difference between how much your home is worth and how much you owe on your mortgage.” This […]
Purchasing a home is more than a transaction—it’s a pivotal part of the American Dream. Owning a home transcends the concept of merely having a residence; it represents belonging, stability, and autonomy. Nicole Bachaud, Senior Economist at Zillow, reinforces this sentiment: The American Dream is still owning a home. There’s a lot of pent-up demand […]
Dreaming of owning your own place in the vibrant Triangle area? You might be worried about the down payment being a roadblock. But fear not! The reality is far more hopeful than you might think. According to the National Association of Realtors (NAR), a whopping 38% of first-time buyers find saving for a down payment […]
The American Dream isn’t one-size-fits-all, but for many, owning a home remains a cherished ambition. A recent Bankrate survey confirms this, ranking homeownership as the top marker of personal success for Americans (see graph below): In fact, according to the graph, owning a home is more important to people than retiring, having a successful career, […]
As we celebrate Women’s History Month, we cannot overlook the significant impact women have on the housing market. For over three decades, single women have consistently bought more homes each year than single men, representing 17% of all households. What Makes Homeownership So Important to Women? Besides boosting the housing market, owning a home provides […]
Key Takeaway: Downsizing is a process, but you can simplify it Don’t wait to start packing and organizing for your move The Linda Craft Team can help you find the right-sized home to downsize into As we get a little older, it’s not uncommon to look around at your living space and wonder if it’s […]
As we approach the new year, questions about buying or selling a home in the Triangle area naturally arise. Should you jump in now, or wait for a better time? Fear not, future homeowner! While uncertainty looms large in many sectors, the 2024 Raleigh housing market forecast paints a surprisingly bright picture. Expert Predictions Suggest Steady Price Growth Take […]
Key Takeaways: There’s a lot to be excited about with this summer’s housing market. Homes are for sale with the features you want, like swimming pools. Contact Linda Craft & Team Realtors knows how to help get the most for your home – contact us! Despite news about a looming recession, high mortgage interest rates, […]
Key Takeaways: Rental prices are expected to rise throughout 2022. Here’s why homeownership is more affordable than renting. Contact us today so we can help you make the best decision! You Should Consider Buying a Home in 2022 If you’ve been on the fence about becoming a homeowner, there’s something you need to consider about […]
Key Takeaways: Debates reign about residential real estate in the fall—it is currently uncertain if the established trends will come through as reliable as usual. There are certainly reasons you should continue in your journey toward buying or selling your home, like the current low mortgage rates and the amount of available houses. Linda Craft […]