One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity […]

The shocking year-over-year number has arrived: prices are down 21%. Not to sound like a broken record, but remember the drop occurred between the April 2022 peak ($1.7M) to August 2022 ($1.35M). Since August, prices have flattened, dipped a bit in the 4th quarter, and then up 2% for 2 consecutive months in 2023. Additionally, […]

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can […]