Over the last several years, home prices have increased substantially throughout the country. Many homeowners are worried that this means we’re headed towards another housing crash. Luckily, that’s not the case. We’ve written about it at length, but the real estate market is not heading towards a crash. While it’s true that home values are […]
If you’re planning on buying a home in Raleigh soon, you’ve probably already started weighing the pros and cons. While buying a home is a huge transaction, and an even bigger investment, it will improve your lifestyle, finances, and overall well-being for years to come. In fact, there are a myriad of benefits—both financial and […]
In the past few months, you may have heard whisperings about an incoming housing market crash. We’re here to put you at ease: we are not headed towards a crash! A lot of this concern comes from average home prices slowing in growth across the country. We wrote a blog about it last week, but […]
In the past couple of months, we’ve written about how the Raleigh real estate market is primed for sellers. That’s because of a discrepancy between housing demand and housing supply. When there aren’t enough homes for sale to satisfy buyer demand, home prices rise. In fact, over the past few years, home price appreciation has […]
If you stay up to date on real estate trends, you’ve probably noticed that interest rates and home prices are rising. Many homeowners are taking this as a sign that it’s a bad time to sell their homes because buyers won’t be as interested. However, that couldn’t be further from the truth! Buyers are still […]
Every year, the National Association of Realtors® conducts a survey to determine the profile of home buyers and sellers across the country. The 2018 profile is interesting because the majority of recent homebuyers (a whopping 63%!) are married couples! The Majority of First-Time Buyers are Married Couples It’s true! According to the NAR, 54% of first-time […]
If you’re looking for the most surefire way to build your wealth, become a homeowner. We’ve blogged about this in the past, but it really is one of the most effective (and simplest) ways to build your wealth for the long term. The majority of homeowners take out a mortgage loan to buy their home. […]
When we talk about “affordability,” a lot of definitions may come to mind. For real estate specifically, affordability is something of a hot topic. While it is true that buying a home is less affordable today than it was at any other time in the past decade, that has a lot to do with the […]
There’s no doubt about it: buying a home is a daunting task. In fact, many potential buyers are nervous about the commitment and obligation that comes with buying a home. If you’re more comfortable renting because you think you can’t afford buying a home, we should talk. The truth is, even when you’re a tenant, […]
Many people believe that they can’t afford to buy a home because they can’t afford the down payment. Time and time again, I hear would-be homebuyers resign themselves to a life of renting because a 20% down payment just isn’t feasible. However, this is one of the biggest myths of buying a home! The truth […]