Did you know that almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% take advantage of it? If you’re planning to buy a home, this is a gap worth closing—quickly (see graph below): Here’s what you need to know to make the most of your down payment in today’s housing market. […]
If you’re thinking about selling your Triangle Area home, you may be considering several factors, especially with today’s housing affordability challenges. One way to make your decision easier is to understand the amount of home equity you’ve accumulated over the years. Here are two main factors that significantly impact your equity. How Long You’ve Owned […]
Retirement marks a period of relaxation, new adventures, and indulging in your passions. As you embark on this exciting phase, it’s crucial to reassess whether your current living situation still aligns with your needs. For many, a large home can become too costly or impractical during retirement. Downsizing could be a smart solution to enhance […]
Considering selling your Triangle area home but unsure due to the current market conditions? While affordability has seen some improvement, the market remains challenging. However, understanding your home equity might simplify your decision-making process. As described by Bankrate: Home equity is the difference between your home’s value and the amount you still owe on your […]
Key Takeaways: Today’s house price appreciation is making homes more expensive, yet they are still more affordable when you consider equity gains. When you buy a Triangle area home, you benefit from equity build-up—this means that you’re actually making money even as you pay your mortgage. Want to learn more about the equity increase in […]
Key Takeaways: Homeowners are earning dollar-for-dollars gains in their home equity as real estate values continue to increase. Due to significantly high home equity levels, many homeowners are considering whether they should refinance their current homes or move to a new one. Linda Craft & Team wants you to take advantage of today’s optimal market […]
Key Takeaways: People are spending more time at home due to the global pandemic, which has many homeowners reconsidering their home size preferences. Older homeowners can use their equity to invest in homes that better fit their evolving needs. Need guidance navigating today’s housing market? Contact Linda Craft & Team at 919-235-0007 for more information […]
Key Takeaways: Buyers and sellers should take advantage of the opportunities available in today’s housing market. Homes are flying off the market at record-breaking speed, so the time for buyers and sellers to act is now. Linda Craft & Team has real estate expertise across the board. Contact us, or call 919-235-0007 today, and don’t […]
Key takeaways: Homeownership has always been the cornerstone of the American Dream—but it’s also a crucial step to building household wealth. Owning a home helps generate equity over time, which makes real estate a sound investment for anyone looking to secure their financial future. Still on the fence about buying in the Triangle? Contact Linda […]
Key points: Though 2020 was financially devastating for many, most homeowners saw a dramatic gain in home equity over the past 12 months. US homeowners with mortgages saw a 2020 home equity increase of over $1 trillion. The average homeowner gained approximately $17,000 in equity in the past year alone—that’s a 10.8% increase over last […]