Is Homeownership Still the American Dream?
Homeownership has been a symbol of the American Dream since the dawn of this great nation. Owning a home is a cherished aspiration of many Americans, representing stability, security, and financial well-being. As a nation, we take pride in our ability to achieve this dream.…
Matt StottJune 15, 2023
Home Values are Stabilizing: What that Means for Home Buyers and Sellers
The real estate market has been on a roller coaster ride in the past year. Prices skyrocketed during the pandemic as buyers searched for homes with more space and remote work capabilities. However, the situation quickly shifted and prices started to decline by last summer.…
Matt StottJune 15, 2023
The Social Benefits of Homeownership: More than a Roof Over Your Head
Buying a home is one of the most significant milestones in life. Apart from the obvious advantage of owning a roof over your head, homeownership has so much more to offer. For instance, homeownership has proven to be beneficial in various aspects of life, such…
Matt StottJune 15, 2023
The Financial Benefits of Homeownership
Buying a home is an incredibly exciting time in anyone’s life. It’s a major purchase that creates a sense of stability, pride, and accomplishment. But, beyond the emotional benefits of homeownership, there are some significant financial benefits as well. In fact, owning a home is…
Matt StottJune 15, 2023
Why Buying or Selling a Home Helps the Economy and Your Community
If you're thinking about buying or selling a house, it's important to know that it doesn't just affect your life, but also your community. The National Association of Realtors (NAR) releases a report every year to show how much economic activity is generated by home sales. The chart below illustrates that impact: As the…
Mike StottJune 15, 2023
A Drop in Equity Doesn’t Mean Low Equity
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s…
Donna StottJune 14, 2023
Your Needs Matter More Than Today’s 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…
Mike StottJune 13, 2023
Are Home Prices Going Up or Down? That Depends…
Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home…
Matt StottJune 12, 2023
