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 equ...
Blog
Oops! Home Prices Didn’t Crash After All
During the fourth quarter of last year, many housing experts predicted home prices were going to crash this year. Here are a few of those forecasts:
Jeremy Siegel, Russell E. Palmer Professor Emeritus of Finance at the Wharton School of Busi...
House Shopping Guide: Tips And Tricks For House Hunters
Making the decision to buy a house can be one of the most exciting times of your life. Before you dive in, it’s important to ask yourself a few questions and explore how to balance your wants and needs with your budget. We’ve put together a...
Why Buying a Home Makes More Sense Than Renting Today
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Cens...
Trying To Buy a Home? Hang in There.
We’re still in a sellers’ market. And if you’re looking to buy a home, that means you’re likely facing some unique challenges, like difficulty finding a home and volatile mortgage rates. But keep in mind, there are some benefits to bein...
Your Tax Refund Can Help You Achieve Your Homebuying Goals
Have you been saving up to buy a home this year? If so, you know there are a variety of expenses involved – from your down payment to closing costs. But there’s good news – your tax refund can help you achieve your goals by paying for som...
What Does A Title Company Do?
When buying a home, one of the players you’ll deal with in the process is the title company. The role of a title company is to verify that the title to the real estate is legitimately given to the home buyer. Essentially, they make sure that ...
Prequalified Vs Preapproved: Key Differences
As a prospective home buyer, you’ve likely heard that you need to get prequalification or preapproval to get a mortgage. However, these terms aren’t interchangeable; they’re two different steps you take to apply for a mortgage. Therefore,...
February Market Update
Mid-Atlantic Market Key Finding
Higher Rates Subdued the Ramp Up to the Spring Market
Prices Continue to Rise as Buyers Encounter Low Supply
It looked like housing market activity in the Mid-Atlantic had bottomed out in January, but the ...
January Real Estate Update
Mid-Atlantic Market Key Findings
Mid-Atlantic Housing Market Has Bottomed Out Still a Risk of More Price Drops in Some Local Markets
The housing market appears to have bottomed out at the end of 2022, as buyer activity increased in Januar...