How Much Home Equity Have You Gained? The Answer Might Surprise You! Have you ever paused to think about the hidden wealth you’re building just by being a homeowner? It’s like planting a tree – over time, it grows, providing shade, beauty, and value. Similarly, as home values rise, so does your net worth. If […]
If you’re looking to sell your home, let’s cut to the chase. Selling your house “as is” won’t cut it anymore. After some candid conversations with local Realtors, it’s clear – putting in a little effort can mean maximizing those offers. Take it from a recent chat with homeowners in our area: Initially resistant to […]
The real estate market in Northwest Indiana, known for its charming neighborhoods and proximity to Chicago, is experiencing a unique set of circumstances. As we navigate through various economic phases, understanding the market dynamics, especially in the context of fluctuating interest rates, becomes crucial for both buyers and sellers. **The Current Market Landscape: […]
After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article: “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a […]
How Trusted Professionals Make Homebuying Easier to Understand In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working […]
Homeownership Rate on the Rise to a 6-Year High Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase […]
How Pricing Your Home Right Makes a Big Difference Even though there’s a big buyer demand for homes in today’s low inventory market, it doesn’t mean you should price your home as high as the sky when you’re ready to sell. Here’s why making sure you price it right is key to driving the best price for […]
Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can […]
The #1 Reason It Is Difficult to Find Your Dream Home The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there […]
Where Homebuyers Are Heading By Generation [INFOGRAPHIC] Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have made it easier for many would-be buyers to […]
