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The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance. But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021.
Buying a home is a significant commitment of both time and money. And a home purchase has the power to improve both your current quality of life and your future financial security, so the stakes are high.
Follow these five steps to assess your priorities, streamline your search, and choose your next home with confidence.
It’s easy to get swept up in the excitement of buying a home. When you hire a home inspector, you get a professional, in-depth examination of the property’s structures and systems. Unfortunately, many buyers make mistakes during the inspection process that cost them time and money and lead to unnecessary stress. Learn how to avoid these eight common mistakes.
Homeownership offers many advantages. Studies even show that homeowners are happier and healthier than renters, and their children do better in school.
But one of the biggest perks of homeownership is the opportunity to build wealth over time.
If you want to know how does purchasing a home help you build wealth and learn how to harness the power of home equity for a secure financial future, read this article.
Most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages.
But, rather than a slowdown, we are continuing to experience a surprisingly robust real estate market across the country. And experts estimate that these conditions are likely to last well into the new year.
