There’s no denying affordability is tough right now. But that doesn’t mean you have to put your plans to buy a home on the back burner. If you’re willing to
Category: Affordability
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Two Resources That Can Help You Buy a Home Right NowTwo Resources That Can Help You Buy a Home Right Now
A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable. Maybe you feel the same way. With inflation driving up day-to-day expenses, saving enough to buy
Why Moving to a More Affordable Area Makes SenseWhy Moving to a More Affordable Area Makes Sense
Moving to a more affordable area could be the fresh start you need to get ahead financially. While some markets are certainly more affordable than others, know that working with
What Will It Take for Prices To Come Down?What Will It Take for Prices To Come Down?
You may be wondering if home prices are going to crash. And believe it or not, some people might even be hoping this happens so they can finally purchase a
Is a Fixer Upper Right for You?Is a Fixer Upper Right for You?
Looking to buy a home but feeling like almost everything is out of reach? Here’s the thing. There’s still a way to become a homeowner, even when affordability seems like
What To Expect from Mortgage Rates and Home Prices in 2025What To Expect from Mortgage Rates and Home Prices in 2025
Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that
The Benefits of Using Your Equity To Make a Bigger Down PaymentThe Benefits of Using Your Equity To Make a Bigger Down Payment
Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have
The Top 3 Reasons Affordability Is ImprovingThe Top 3 Reasons Affordability Is Improving
Some Highlights Affordability is based on three key factors: mortgage rates, home prices, and wages. And today, it’s improving quickly as rates come down, prices level off, and wages climb.
Buying Beats Renting in 22 Major U.S. CitiesBuying Beats Renting in 22 Major U.S. Cities
That’s right—according to a recent study from Zillow, in 22 of the 50 largest metro areas, monthly mortgage payments are now lower than rent payments (see chart below): As mortgage
The Latest Builder Trend: Smaller, Less Expensive HomesThe Latest Builder Trend: Smaller, Less Expensive Homes
Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re