The Direction of Mortgage Rates
The direction of mortgage rates is influenced by several factors, including economic conditions, inflation, monetary policy, and market demand. While it is challenging to predict the future with certainty, here are some factors to consider when assessing whether...
Growing Your Net Worth with Homeownership
Homeownership is a great way to build wealth and grow your net worth over time. It offers several financial benefits that can help you achieve long-term financial stability. Here are some key ways homeownership can contribute to growing your net worth: 1. Building...
Why Is Housing Inventory So Low?
There are several factors contributing to the low housing inventory in many markets: Strong demandLow mortgage rates, a growing population, and a robust economy have increased the demand for housing. This has led to more buyers competing for limited inventory, driving...
Should Baby Boomers Buy or Rent After Selling Their Houses?
The decision of whether Baby Boomers should buy or rent after selling their houses depends on various factors, including personal preferences, financial circumstances, and long-term goals. Here are a few considerations to help make an informed decision: · Financial...
People Want Less Expensive Homes
The demand for less expensive homes has been on the rise, and builders are indeed responding to this market trend. As more people look for affordable housing options, builders are adapting their strategies and offerings to meet this demand. There are several reasons...
SRES Marketplace – Consumer Newsletter – July 2022
Make Your Home Healthier. Here's How. After being hunkered down indoors during the pandemic, many have realized the benefits of good design – proper ventilation, insulation, and moisture control, for instance – on their health. Since June was National Healthy Homes...
How to get over losing out on a home
You had such big dreams for the two of you. You were ready to make the big commitment. You thought you’d grow old together. But then your offer on the house didn’t go through. You lost out. You won’t be buying that perfect-for-you place. You won’t be cooking in the...
What is MLS?
MLS stands for multiple listing service. It is a database of homes for sale that is produced and maintained by real estate professionals to help their clients buy or sell property. Homes for sale on an MLS are called listings. The MLS listings typically include...
50 Real Estate Terms Every Home Buyer Should Know
Whether you're ready to buy your first home or just need an acronym refresher, keep this glossary handy. You don’t need a real estate license to find your dream home, but it does help to become familiar with real estate jargon you might encounter during the process....