As a homeowner, your home's value has likely risen significantly in recent years, boosting your equity as you pay off your mortgage. With the recent surge in home prices, your gains might be greater than you think. The latest CoreLogic report shows that the average homeowner now holds more than $274,000 in equity, offering a substantial resource to achieve your goals. Here are a few examples of how you...
Hi, we are Holly and Chris, two successful real estate agents who love to share our insights and experiences with other professionals in the industry. In this blog post, we want to tell you about how Keeping Current Matters (KCM) has been a huge benefit to our business and our personal growth. What is KCM? KCM is a real estate content platform that provides agents with the latest market data,...
If you're in the process of determining whether you're prepared to purchase a home, your mind is likely occupied with numerous considerations. These include your financial situation, the current mortgage rates and housing costs, the limited availability of homes for sale, and more. Moreover, you're carefully considering how all these aspects will influence the decision you ultimately make. Although...
Considering your first home purchase? Understanding what drives others to make this decision can be valuable. According to a recent survey conducted by PulteGroup among first-time homebuyers: "When asked about their first-time home purchase, the response was straightforward: they did it because they wanted to. For 72% of respondents, either the desire to escape renting or the realization that...
Purchasing a home is one of the most significant investments you will make in your lifetime, and protecting that investment is paramount. Placing your house in a trust is a wise and proactive step towards safeguarding your property, your assets, and the future of your loved ones. Here are some compelling reasons why putting your house in a trust is crucial: 1. Asset Protection:Placing your property in...
In the final quarter of the previous year, a few housing experts predicted a potential 2023 crash in home prices. These forecasts were widely publicized by the media, generating headlines that painted a bleak picture for the housing market. As a result of this extensive negative news coverage, many individuals began to harbor uncertainties about the robustness of the residential real estate market. If...
If you're considering buying or selling a home, one of the main questions on your mind is probably: what's happening with home prices? The lack of clarity on this topic is not surprising, and part of the problem lies in how headlines discuss prices. The negative news is often based on comparing current statistics to those of the last few years, which were considered exceptional ('unicorn' years) due to...
A key determinant of the current market's dynamics is the quantity of homes available for purchase. If you're contemplating whether or not to put your house on the market, this presents a significant advantage. With housing inventory at such a low level, your property will garner attention, especially if it is competitively priced. However, there are indications that more properties may soon be listed....
As some companies shift back to the office, a significant number of professionals still prefer remote work. So, if you're one of those who enjoy working from home or aspire to do so in the near future, you're in good company. This trend has a positive impact on the housing market since a remote or hybrid work arrangement can assist in overcoming the current challenges related to housing inventory and...
If you own a house and are considering not selling it, but rather using it as a short-term rental property, there are potential challenges you should be aware of. Short-term rentals are becoming increasingly popular and are often seen as an alternative to staying in hotels. However, taking on the responsibility of managing a short-term rental property can be challenging. Here are some difficulties you may...
