Some Highlights If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful…

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Andree Hurley Realtor

5 days ago

Today’s Real Estate News

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.

If you need even more choices, expanding your search by adding additional housing types, like condominiums, could help.

>>Exploring Condos Could Add Options That Fit Your Budget

With rising mortgage rates and home prices, the relative affordability of a condo could be worth considering.

Remember, your first home doesn’t have to be your forever home. The important thing is to get your foot in the door as a homeowner. Buying a condo now can springboard you into a bigger home later on.

>>Condo Living Provides Several Great Perks

Boosting the number of options in your budget during your home…
#firsttimehomebuyer #opportunity #housingmarket … See MoreSee Less

Why You Should Consider Condos as Part of Your Home Search

www.simplifyingthemarket.com

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the …

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Andree Hurley Realtor

7 days ago

Today’s Real Estate News

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history.

Recently Odeta Kushi, Deputy Chief Economist at First American, answered that question when she said:

“U.S. households own $41 trillion in owner-occupied real estate, just over $12 trillion in debt, and the remaining ~$29 trillion in equity. The national "LTV" in Q2 2022 was 29.5%, the lowest since 1983.”

She continued on to say:

“Homeowners had an average of $320,000 in inflation-adjusted equity in their homes in Q2 2022, an all-time high.”

>>What Is…
#realestate #homeownership #homebuying #realestategoals … See MoreSee Less

The True Strength of Homeowners Today

www.simplifyingthemarket.com

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now i…

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