It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statis...
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. W...
Posted by:
Tonyeil Spencer
Categories:
Buying Myths, For Buyers, For Sellers, Housing Market Updates, In the News, Pricing, Selling Myths
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of o...
Posted by:
Tonyeil Spencer
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking...
Posted by:
Tonyeil Spencer
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase ...
Posted by:
Tonyeil Spencer
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing ...
Posted by:
Tonyeil Spencer
Categories:
Buying Myths, Demographics, Down Payments, First Time Home Buyers, For Buyers, Gen Z, In the News, Millennials
Some Highlights When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for. It takes professionals wh...
Posted by:
Tonyeil Spencer
Categories:
Buying Myths, First Time Home Buyers, For Buyers, In the News, Infographics, Interest Rates, Move-Up Buyers, Pricing
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in...
Posted by:
Tonyeil Spencer
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challen...
Posted by:
Tonyeil Spencer
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home as a reason for this belief. Odeta Kushi, ...
Posted by:
Tonyeil Spencer