Thursday, March 6, 2025 / by Bianca Romero
Should You Consider a Newly Built Home? Pros and Cons to Keep in Mind
When searching for a home, it’s important not to overlook new construction as an option. Right now, there are more newly built homes available than usual, giving buyers a wider selection and some exciting advantages. Connecting with your real estate agent can help determine if a new build is the right fit for you.
Here’s a breakdown of key benefits and potential considerations when purchasing a newly built home.
Advantages of Buying a Newly Built Home
Personalization OpportunitiesMany builders offer buyers the chance to customize finishes, layouts, and upgrades, allowing you to tailor the home to your style. While this is most beneficial if the home is still under construction, some builders may accommodate changes even after completion.
Lower Maintenance and Fewer RepairsSince everything in a new home—from the roof to the appliances—is brand new, you’ll likely save on mai. ...
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Tuesday, February 4, 2025 / by Aaron Kinn
Have you been wondering whether you should keep renting or finally make the leap into homeownership?
It’s a big decision, and let’s be real — renting can feel like the easier option, especially if buying a home feels out of reach.
But here’s the thing: a recent report from Bank of America highlights that 70% of prospective buyers fear the long-term consequences of renting, including not building equity and dealing with rising rents.
Maybe you’re feeling that too — concerned about where renting might leave you down the road, but still unsure if you'd even be able to buy right now. The truth is, if you’re able to make the numbers work, buying a home has powerful long-term financial benefits.
Let’s break down why homeownership is worth considering in 2025 and beyond, and how it can help set you up for the future.
Buying Builds Wealth Over Time
Buying a home allows you to turn your monthly housing costs into a long-term investment. Hom. ...
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Friday, January 3, 2025 / by Bianca Romero
The start of a new year often inspires reflection and goal-setting. As you envision what you want your 2025 to look like, one dream may stand out: living in a new home. But how do you turn that vision into reality? Where should you begin?
Here are some key steps to help you get started.
Define Your Why
Your journey begins by identifying your “why.” While financial considerations are essential, so is the motivation behind your desire to move. Do you need more room for a growing family? Are you downsizing for a simpler lifestyle? Or is it time to purchase your first home?
Your “why” will be your guiding light. Share it with your real estate agent—they’ll use their expertise to align your goals with the right opportunities, no matter the market conditions. A skilled agent will guide you through the process, troubleshoot challenges, and keep you on track until your dream becomes a reality.
Clarify Your Needs
Next, get specific about what your next . ...
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Monday, December 9, 2024 / by Bianca Romero
Why Homeownership Can Still Be a Smart Move, Even in Today's Market
With today’s fluctuating mortgage rates and rising home prices, it’s natural to wonder if now is the right time to buy a home. While current market conditions certainly play a role in the decision, it’s important to zoom out and consider the bigger picture: the long-term advantages of owning a home.
Think about it this way: If you know people who bought homes 5, 10, or even 30 years ago, chances are you’ll have a hard time finding someone who regrets their decision. Why? Because, over time, home values tend to rise, and as a result, so does a homeowner’s net worth. Let’s take a closer look at how homeownership can pay off in the long run.
Home Price Growth Over Time
Over the past five years, home prices have increased significantly, with national prices rising by more than 57%. While these changes vary by region, the overall trend is clear: home prices have seen substantial. ...
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Monday, December 9, 2024 / by Bianca Romero
A common question everyone is asking right now is: when will mortgage rates start to come down? After a period of rising rates and significant fluctuations in 2024, we’re all hoping for some relief.
While no one can predict mortgage rates with absolute certainty or pinpoint exactly when they’ll drop, experts are offering insights on what we might expect in the year ahead. Here’s what the latest projections are saying.
Mortgage Rates Are Expected to Ease and Stabilize in 2025
After a period of volatility, the latest forecasts indicate that mortgage rates should start to stabilize over the next year, with a slight decrease compared to where they are now.
As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), notes:
“While mortgage rates remain elevated, they are expected to stabilize.”
Key Factors Affecting Mortgage Rate Movements
It’s important to recognize that predicting when and how mortgage rates will change is one . ...
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