by Thomas Scott | May 20, 2021 | Interest Rates, Move-Up Buyers, Pricing, Seller
The level of equity homeowners have is at an all-time high. According to the U.S. Census, over 38% of owner-occupied homes are owned free and clear, meaning they don’t have a mortgage. Those with a mortgage are seeing their equity skyrocket too. Every time real estate...
by Thomas Scott | Apr 21, 2021 | Buyers & Sellers, Interest Rates
This year, mortgage rates have started to slowly climb above recent record-breaking lows. Many homeowners planning to move may feel like they’ve missed the chance to score a great rate on their next mortgage. In reality, there’s still time to secure a rate far below...
by Thomas Scott | Feb 15, 2021 | Buyer, First Time Home Buyers, Interest Rates
There are so many great reasons to purchase a home, and over the past year, we’ve realized more of them than we ever thought possible. If you’re a first-time homebuyer, having a home of your own can give you a greater sense of security and accomplishment in a time...
by Thomas Scott | Feb 4, 2021 | Buyer, First Time Home Buyers, Interest Rates, Rent vs. Buy
In today’s housing market, there are clear financial benefits to owning a home: increasing equity, the chance to build your net worth, and appreciating home values, just to name a few. If you’re a renter, it’s never too early to think about how homeownership can...
by Thomas Scott | Jan 28, 2021 | Buyers & Sellers, Housing Market Updates, Interest Rates
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the lack of homes available for...
by Thomas Scott | Jan 12, 2021 | Buyer, First Time Home Buyers, Interest Rates, Move-Up Buyers
According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we’re reevaluating what “home” means and what we...
