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Category: Infographics

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The Benefits of Buying a Multi-Generational Home [INFOGRAPHIC]

Some HighlightsIf you’re ready to buy a home but are having a hard time affording it on your own, or, if you have aging loved ones you need to care for, you might want to consider a multi-generational home.Living with siblings, parents, and even grandparents can help you save money, give or receive childcare, and spend quality time together.Talk to a local real estate agent to find a home in our area that’s perfect for you and your loved one’s needs.

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Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC]

Some HighlightsHere’s what you really need to know about a few myths causing fear in today’s housing market.Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment.If you have other fears or reservations about buying a home today, get in touch with a real estate expert who can help clear those up.

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Home Price Growth Is Returning to Normal [INFOGRAPHIC]

Some HighlightsIf you’re wondering what’s happening with home prices, know they’re still rising, just at a slower pace – and that’s perfectly normal for this time of year.  Based on typical seasonality in the market, prices go up most in the spring during the peak buying season, and then price growth slows down as the year goes on.Home prices aren’t falling. They’re just rising slower and going back to normal seasonal trends. That’s a good thing. If you’re curious about prices in your area, reach out to a real estate agent for answers.

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The Difference Between Renting and Buying a Home [INFOGRAPHIC]

Some HighlightsWhen deciding between buying a home or renting, think about these three important factors.Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.If you’re ready to enjoy the advantages of owning a home, connect with a local real estate expert to discuss your options.

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How Homeowner Net Worth Grows with Time [INFOGRAPHIC]

Some HighlightsIf you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time. If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, talk with a local real estate professional.

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Explaining Today’s Low Housing Supply [INFOGRAPHIC]

Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.But real estate agents know exactly where to look and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home. 

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How Remote Work Helps with Your House Hunt [INFOGRAPHIC]

Some HighlightsWhile remote work peaked during the pandemic, many people still work from home today.If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home.If you can work from home, you might have more choices for where to live. Connect with a real estate agent to talk about your options and what’s most important to you.

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Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

Some HighlightsHolding off on selling your house because you believe there aren’t any buyers out there?Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now.Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic is still strong today. Connect with a real estate agent to get your house in front of these buyers.

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Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

Some HighlightsLast year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.Connect with your trusted real estate agent to find out what’s happening with home values in your local area.Sources https://www.mba.org/docs/default-source/research-and-forecasts/forecasts/mortgage-finance-forecast-dec-2022.pdfhttps://www.mba.org/docs/default-source/research-and-forecasts/forecasts/2023/mortgage-finance-forecast-aug-2023.pdfhttps://www.fanniemae.com/media/45801/displayhttps://www.fanniemae.com/media/48726/displayhttps://twitter.com/NewsLambert/status/1671900591113609216...

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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

Some HighlightsYour equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

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