Purchasing a home is more than a transactionāit’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. Thereās a lot of pent-up demand […]
Tag Archives: home buyers
Maximize Your Real Estate Potential with the Power of Local Market Statistics
Welcome to the dynamic world of local real estate! As your neighborhood experts, weāre here to make understanding market statistics easy and enjoyable. Whether youāre dreaming of a new home or getting ready to sell, a clear grasp of these local numbers is your key to a seamless and delightful real estate experience. Letās dive […]
2 Reasons Why Todayās Mortgage Rate Trend Is Good for Sellers
Hesitant to sell your Triangle area property due to previously high mortgage rates? There’s encouraging news with the recent downward shift in mortgage rates. Since peaking at 7.79% last October, rates have consistently stayed under 7% for over a month (refer to the graph below): This drop in rates, while not reaching the lows of […]
Down Payment Assistance Programs Can Help Pave the Way to Homeownership
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 […]
Is Owning a Home Still the American Dream for Younger Buyers?
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, […]
Spring into Success: Navigating the 2024 Real Estate Market with Strategy and Confidence
Welcome to the new year! Thereās a buzz in the air as the spring real estate market seems to be starting earlier this year. Whether youāre looking to sell your Raleigh home and aim for a top-dollar deal, or youāre on the hunt for your Triangle area dream home, nowās the perfect time to gear […]
The Latest 2024 Housing Market Forecast
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. Experts Forecast Ongoing Home Price Appreciation Take […]
Thinking About Using Your 401(k) To Buy a Home?
Raleigh is a booming city with a vibrant housing market. If you’re dreaming of owning a home in Raleigh, you’re not alone. But saving for a down payment can be tough, especially in a competitive market like Raleigh. That’s why some people consider tapping into their 401(k) savings. Before you raid your retirement nest egg, […]
Get Ready for Homeownership in 2024: Your Ultimate Prep Guide!
As we quickly approach 2024, letās gear up for one of the most exciting adventures of your life ā buying your own home in the Triangle area! Whether youāre a first-time buyer or planning to find your next home, this journey is all about smart preparation and setting the stage for a successful home purchase. […]
Affordable Homeownership Strategies for Gen Z
The aspiration of owning a home has long been a cornerstone of the American Dream. Buying a home symbolizes stability, independence, and the establishment of a place to truly call your own. However, for Gen Z, the generation born between 1997 and 2012, realizing this dream can seem daunting in today’s environment of rising mortgage […]