Tag: Home Equity

Reasons To Sell Your House Before the New Year

+ 4 more

Posted on 11/06/2023

As the year winds down, you may have decided it's time to make a move and put your house on the market. But should you sell now or wait until January? While it may be tempting to hold off until after the holidays, here are three reasons to make your move before the new year. Get One Step...

Real Estate

Loans: The basics calculating your home equity loan

+ 5 more

Posted on 10/11/2023

Sometimes, loans can be difficult to calculate. Home...

Your Home Equity Can Offset Affordability Challenges

Home Equity Loan

+ 2 more

Posted on 09/20/2023

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now, so is home equity....

Interest Rates

Planning to Retire? Your Equity Can Help You Make a Move

Posted on 09/12/2023

Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, you may be in a better position to make a move...

Expert Home Price Forecasts Revised Up for 2023

Posted on 09/06/2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong. While there was...

Why You May Still Want To Sell Your House After All

Housing Market

+ 5 more

Posted on 08/29/2023

Even though you may feel reluctant to sell your house because you don’t want to take on a mortgage rate that’s higher than the one you have now, there’s more to consider. While the financial side of things does matter, your personal needs may actually matter just as much. As an article from Bankrate says: “Deciding whether it’s...

Four Ways You Can Use Your Home Equity

Posted on 08/10/2023

If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the 'unicorn' years, you’ve likely gained more than you think. According to the latest Equity Insights Report from CoreLogic, the...

Home Buyers

First Time Homebuyers

The Benefits of Downsizing for Homeowners

Posted on 07/07/2023

Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs. Downsizing could help cut down on your expenses and your equity can fuel your move. If you’re thinking about moving to a smaller home, let’s connect to go over your housing...

Home Buyers

Why the Median Home Price Is Meaningless in Today’s Market

Posted on 06/21/2023

The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and...

A Drop in Equity Doesn’t Mean Low Equity

Housing Market

+ 5 more

Posted on 06/15/2023

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'...