The real estate market has been on a roller coaster ride in the past year. Prices skyrocketed during the pandemic as buyers searched for homes with more space and remote work capabilities. However, the situation quickly shifted and prices started to decline by last summer. But now, we have good news: home values are stabilizing and they are back on the rise. In this post, we'll look at what that means for home buyers and sellers. After reaching their peak last year, home prices have … [Read more...]

Buying a home is one of the most significant milestones in life. Apart from the obvious advantage of owning a roof over your head, homeownership has so much more to offer. For instance, homeownership has proven to be beneficial in various aspects of life, such as health, community involvement, and financial literacy. In this blog, we will discuss the five most significant social benefits of homeownership. Civic Participation: Homeownership has a significant impact on community … [Read more...]

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 equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. Home prices rose rapidly during the ‘unicorn’ years. That gave homeowners a considerable equity boost. But those ‘unicorn’ years couldn’t last forever. The market had to moderate at some point, and … [Read more...]