Could Moving a Bit Further Out Change Everything About Your Budget?
Whether you’re dreaming about buying your first home or wondering if it’s time to move on from the one you’re in, affordability is probably weighing on your mind.
Whether you’re dreaming about buying your first home or wondering if it’s time to move on from the one you’re in, affordability is probably weighing on your mind.
Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling.
Mortgage rates have risen. Home sales haven’t picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable.
You started shopping with a specific mental image of your future home in your mind. Then the houses in your budget came in smaller than you pictured.
You may be telling yourself you’re going to wait to move – maybe you’re hoping mortgage rates will come down, prices will fall, or the market will feel a little easier.
Let’s be real with each other for a second about affordability. Because you deserve someone who will be honest and transparent about what’s going on, especially if you’ve got a move on your mind.
Nearly half of Veterans (49%) feel homeownership is currently out of reach, according to a recent survey from NewDay USA.
If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.
You may have seen the headlines lately about mortgage debt in America hitting a record high. And maybe your brother-in-law brought it up at the dinner table like he’s been waiting all week to spark a debate.
It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?