Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC]

Do You Know How Much Equity You Have in Your Home? [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • If you’re a homeowner, your net worth has gotten a big boost. That’s because recent home price appreciation has increased your equity.
  • Your equity grows as you pay down your loan and as your home increases in value. Over the past year, the average homeowner’s equity grew by $55,300.
  • Ready to sell? Let’s connect to talk about how you can use that equity to fuel your next move.

The Future of Home Price Appreciation and What It Means for You

The Future of Home Price Appreciation and What It Means for You | Simplifying The MarketMany consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years ago. However, experts say the market is totally different today. For example, Odeta Kushi, Deputy Chief Economist at […]

Remote Work Trends Mean Flexibility for First-Time Homebuyers

Remote Work Trends Mean Flexibility for First-Time Homebuyers | Simplifying The MarketToday’s low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you’re one of many people who work remotely, you may have a great opportunity to use the flexibility you have at work to achieve your homebuying goals this year. In a recent report, Arch Capital Services […]

What You Need To Budget for When Buying a Home

What You Need To Budget for When Buying a Home | Simplifying The MarketWhen it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted professionals who can help you understand your finances and what you’ll […]

Balancing Your Wants and Needs as a Homebuyer Today

Balancing Your Wants and Needs as a Homebuyer Today | Simplifying The MarketSince the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist […]

There Are Several Great Reasons To Consider Buying a Condo Today

There Are Several Great Reasons To Consider Buying a Condo Today | Simplifying The MarketIf you’re a first-time buyer looking to break into the housing market but struggling to find a home to buy, condominiums (or condos) could be a great alternative for you. Here are a few reasons condos may be something you’ll want to consider. Exploring Condos Could Add Options That Fit Your Budget Supply challenges are […]

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

What’s Happening with Mortgage Rates, and Where Will They Go from Here? | Simplifying The MarketBased on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout 2021 was […]

The Best Week To List Your House Is Just Around the Corner

The Best Week To List Your House Is Just Around the Corner | Simplifying The MarketAre you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data from the past several years (excluding 2020, […]

A Key To Building Wealth Is Homeownership

A Key To Building Wealth Is Homeownership | Simplifying The MarketThe link between financial security and homeownership is especially important today as inflation rises.  But many people may not realize just how much owning a home contributes to your overall net worth. As Leslie Rouda Smith, President of the National Association of Realtors (NAR), says: “Homeownership is rewarding in so many ways and can serve […]

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC]

How an Energy Efficient Home Can Be a Bright Idea [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • With inflation driving up the cost of everyday items, seeking out an energy-efficient home can be a great way to decrease the expenses you can control.
  • Energy efficiency can help lower your utility bills and possibly even save you money on your taxes. Options to look for include efficient appliances, windows, and solar panels.
  • If you’re planning to buy a home this year, consider energy efficiency in your search. Let’s connect so you can better understand features that can save you money for years to come.