Buyer Resources
When the Need to Move Outweighs Mortgage Rates
If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first place.
Leverage Your Equity to Buy a New Home
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your equity grows over time:
Top Reasons Millennials are Buying Homes
Why Housing Prices Are Not Going Down
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing.
What Buyer Activity Tells Us About the Housing Market
How to WIN as a Buyer in Today’s Housing Market
More homes are anticipated to hit the market this year, but still below pre-pandemic levels. Home price appreciation is slowing from the recent frenzy, mortgage rates are coming down, inflation is easing. All great news for buyers. However, you will still need a competitive strategy to come out ahead. Here’s how to get started:
Areas with Fastest Growing Home Prices in Otter Tail County, MN
What are Your Goals in Real Estate This Year?
Non-financial Reasons to Buy a Home
You may have heard how owning real estate is a key part of building generational wealth. Even if you are single or without children, there’s no denying the long-term financial benefits of owning a home. But if today’s housing market has you wondering if now’s still the time to buy, consider the non-financial and emotional reasons too.
Home means something different to all of us. Whether it’s sharing memories with loved ones at the kitchen table or settling in to read a book in a favorite chair, the emotional connections to our homes can be just as important as the financial ones. Here are some of the things that make a house a home.