Keeping Current Matters

Homeownership Is Full of Financial Benefits

Keeping Current Matters

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market.

Equity 204

To Renovate or Not To Renovate Before You Sell

Keeping Current Matters

When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Buyer & Seller Perks in Today’s Housing Market

Keeping Current Matters

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country.

What It Means To Be in a Sellers’ Market

Keeping Current Matters

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move.

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

Keeping Current Matters

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund.

Don’t Sell on Your Own Just Because It’s a Sellers’ Market

Keeping Current Matters

In a sellers’ market , some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner , or FSBO ) instead of working with a trusted real estate professional.

How Smart Is It to Buy a Home Today?

Keeping Current Matters

Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated.

Equity 270

How to Make a Winning Offer on a Home

Keeping Current Matters

Today’s homebuyers are faced with a strong sellers’ market , which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream home.

How a Change in Mortgage Rate Impacts Your Homebuying Budget

Keeping Current Matters

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home.

What Credit Score Do You Need for a Mortgage?

Keeping Current Matters

According to data from the most recent Origination Insight Report by Ellie Mae , the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage.

Is It a Good Time to Sell My House?

Keeping Current Matters

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely.

Equity 258

Where Have All the Houses Gone?

Keeping Current Matters

In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale.

Sales 263

Latest Jobs Report: What Does It Mean for You & the Housing Market?

Keeping Current Matters

Last Friday, the Bureau of Labor Statistics released a very encouraging jobs report. The economy gained 916,000 jobs in March – well above expert projections of 650,000 to 675,000. The unemployment rate fell again and is now at 6%. What does this mean for you?

3 Reasons We’re Definitely Not in a Housing Bubble

Keeping Current Matters

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago.

Equity 273

What Is the #1 Financial Benefit of Homeownership?

Keeping Current Matters

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth.

Equity 231

Are There Going to Be More Homes to Buy This Year?

Keeping Current Matters

If you’re looking for a home to purchase right now and having trouble finding one, you’re not alone. At a time like this when there are so few houses for sale, it’s normal to wonder if you’ll actually find one to buy.

Will the Housing Market Bloom This Spring?

Keeping Current Matters

Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year.

6 Simple Graphs Proving This Is Nothing Like Last Time

Keeping Current Matters

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before.

Equity 228

Why Owning a Home Is a Powerful Financial Decision

Keeping Current Matters

In today’s housing market, there are clear financial benefits to owning a home: increasing equity , the chance to build your net worth , and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can propel you toward a stronger future.

Equity 262

Owning a Home Is Still More Affordable Than Renting One

Keeping Current Matters

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise.

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

Keeping Current Matters

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of the house.

Sales 205

How Much Leverage Do Today’s House Sellers Have?

Keeping Current Matters

The housing market has been scorching hot over the last twelve months. Buyers and their high demand have far outnumbered sellers and a short supply of houses. According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), sales are up 23.7%

There’s No Reason To Panic Over Today’s Lending Standards

Keeping Current Matters

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money.

What’s the Difference between an Appraisal and a Home Inspection?

Keeping Current Matters

If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy.

Will Low Mortgage Rates Continue through 2021?

Keeping Current Matters

With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise.

3 Must-Do’s When Selling Your House This Year

Keeping Current Matters

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind.

Why Right Now May Be the Time to Sell Your House

Keeping Current Matters

The housing market made an incredible recovery in 2020 and is now positioned for an even stronger year in 2021. Record-low mortgage interest rates are a driving factor in this continued momentum, with average rates hovering at historic all-time lows.

Sales 267

The Reason Mortgage Rates Are Projected to Increase and What It Means for You

Keeping Current Matters

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months.

Is Homeownership Still Considered Part of the American Dream?

Keeping Current Matters

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes : “The idea of a place of one’s own drives the American story.

Equity 183

What Does 2021 Have in Store for Home Values?

Keeping Current Matters

According to the latest CoreLogic Home Price Insights Report , nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates.

Sales 265

3 Ways You’ll Win When You Buy a Home This Year

Keeping Current Matters

There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time that’s largely uncertain.

Equity 238

Is This the Year to Sell My House?

Keeping Current Matters

If one of the questions you’re asking yourself is, “Should I sell my house this year?” consumer sentiment about selling today should boost your confidence in the right direction.

Why Selling Your House on Your Own in 2021 Is a Mistake

Keeping Current Matters

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process.

MLS 267

What Record-Low Housing Inventory Means for You

Keeping Current Matters

The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for sale today.

The Do’s and Don’ts after Applying for a Mortgage

Keeping Current Matters

Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close.