Buying Myths

Buying Today’s Foreclosure Numbers Are Nothing Like 2008 You’ve likely seen headlines about increasing foreclosures in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening. According to a recent report from ATTOM, a property data provider, foreclosure filings are […]
Buying Housing Market Expected to Crash…… Not! Is the housing market expected to crash? Where do people get their information?! Seriously, real estate pessimists need to reconsider their sources. Like so much of what is presented to us in the news media, doomsayers tell “A” story not “THE” story. 67% of Americans say a housing market crash is imminent in the next […]
Buying Foreclosure Fear In Today’s Headlines You’ve seen recent headlines about foreclosures surging in the housing market. There’s no doubt, the stories can be confusing. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed. Understanding what that […]
Buying Home Price Headlines Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is […]
Buying Home Equity, The Truth About Negative Headlines Home equity has been a hot topic in real estate news lately. You may have heard there’s a growing number of homeowners with negative equity. Don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening and at what scale. Let’s break down one of the […]
Buying Financial Fundamentals for First-Time Homebuyers Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. Build Your Credit Your credit is one […]
Buying Truth or Clickbait Some headlines out there intentionally paint today’s real estate market as doom-and-gloom – but when you take a step back you can see the historical data tells a different story. Take a look at the complete picture of where we are in regard to Homeowner Equity, Foreclosures, and Inventory.
Buying Affordability; Mortgage Rates Aren’t The Only Factor Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here […]
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Buying Fixed Housing Costs; The Best Hedge Against Inflation If you’re ready and able to do so, becoming a homeowner can provide lasting stability and a reliable shelter in times of economic uncertainty. While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire […]
Buying Saving for a Down Payment? Here’s What You Need To Know. As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why. The […]
Buying The Journey To Buy a Home
Buying The Long-Term Benefit of Homeownership Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home 5, […]
Buying Think Home Prices Are Going To Fall? Think Again Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important to know the housing market isn’t a bubble about to burst, and home price growth is supported by strong market fundamentals. […]
Buying Should You Buy a Home with Inflation This High? While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery store, but that news may also leave you wondering: should I still buy a home right now? Greg McBride, Chief […]