Affordability

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Is Affordability Starting To Improve?

Over the past couple of years, a lot of people have had a hard time buying a home. And while affordability is still tight, there are signs it’s getting a little better and might keep improving throughout the rest of the year. Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), says: “Housing […]

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Where Will You Go After You Sell?

If you’re planning to sell your house and move, you probably know there’s been a shortage of options available. But here’s the good news: the supply of homes for sale has grown in a lot of markets this year – and that’s not just existing, or previously-owned, homes. It’s true for newly built homes too.

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Mortgage Rates Down a Full Percent from Recent High

Mortgage rates have been one of the hottest topics in the housing market lately because of their impact on affordability. And if you’re someone who’s looking to make a move, you’ve probably been waiting eagerly for rates to come down for that very reason. Well, if the past few weeks are any indication, you may

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How Affordability and Remote Work Are Changing Where People Live

There’s an interesting trend happening in the housing market. People are increasingly moving to more affordable areas, and remote or hybrid work is helping them do it. Consider Moving to a More Affordable Area Today’s high mortgage rates combined with continually rising home prices mean it’s tough for a lot of people to afford a

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More Than a House: The Emotional Benefits of Homeownership

With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all. And while you ultimately need to be able to afford a home you buy, don’t lose sight

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Equity Can Make Your Move Possible When Affordability Is Tight [INFOGRAPHIC]

Some Highlights Did you know the equity you have in your current house can help make your move possible? Once you sell, you can use it for a larger down payment on your next home, so you’re borrowing less. Or, you may even have enough to be an all-cash buyer.  The typical homeowner has $298,000

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Is It Getting More Affordable To Buy a Home?

Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist

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RE/MAX Convention (R4 2023)

R4 Convention and Celebration      This past February, I attended the RE/MAX annual convention, better known as R4, for the first time. What an exciting and energetic event.  On my first day, I walked 7 miles; I was there for four days. When the event was done, I was very tired.  Here are a

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Under Contract! What’s Next ?

Selling a home? Buying a home? Under contract?  GREAT! Awesome…..What’s next ????? Let’s Begin the Home Journey! Here are ten steps we will take as we walk you through the process of buying/selling a home.      FIRST STEP: BREATH, BREATH, BREATH! We need you to breathe to make it to SETTLEMENT. https://youtu.be/Czam8BTiIy4 Step 2:

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DMV properties, Cost of Living and Commutes

DMV: Leases, Cost of living, and Commutes       I recently met a few young people excited to relocate to the DMV area.  Their joy and excitement went out the door once I explained the requirements to lease a property and the minimum income needed. They were disheartened.  The father of one of them

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