2023 - Page 11 of 12 - Lending A Hand

Why You Shouldn’t Fear Today’s Foreclosure Headlines

Post published:25 January, 2023
Post category:For Buyers For Sellers Foreclosures Housing Market Updates

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know the truth about what’s happening today. Here’s a deeper look. (more…)

The 3 Factors That Affect Home Affordability

Post published:24 January, 2023
Post category:First Time Home Buyers For Buyers Housing Market Updates Interest Rates Move-Up Buyers Pricing

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: (more…)

Want To Sell Your House? Price It Right.

Post published:23 January, 2023
Post category:For Sellers Pricing Selling Myths

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your house soon, that means you’ll want to adjust your expectations accordingly. As realtor.com explains: (more…)

What’s Really Happening with Home Prices? [INFOGRAPHIC]

Post published:20 January, 2023
Post category:For Sellers Housing Market Updates Infographics Pricing

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Pre-Approval in 2023: What You Need To Know

Post published:19 January, 2023
Post category:First Time Home Buyers For Buyers Move-Up Buyers

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

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Have Home Values Hit Bottom?

Post published:18 January, 2023
Post category:For Buyers For Sellers Pricing

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008.

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Think Twice Before Waiting for 3% Mortgage Rates

Post published:17 January, 2023
Post category:Buying Myths First Time Home Buyers For Buyers Interest Rates Move-Up Buyers

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. (more…)

What Past Recessions Tell Us About the Housing Market

Post published:16 January, 2023
Post category:For Buyers For Sellers Housing Market Updates

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie ahead. As Greg McBride, Chief Financial Analyst at Bankrate, says: (more…)

Key Terms To Know When Buying a Home [INFOGRAPHIC]

Post published:13 January, 2023
Post category:Buying Myths Down Payments First Time Home Buyers For Buyers Infographics Move-Up Buyers

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Is It Time To Sell Your Second Home?

Post published:12 January, 2023
Post category:For Sellers Housing Market Updates Luxury Market

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the water or in a desirable city, and features, the things that make the home itself feel luxurious. (more…)