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A Second Home Might Be the Missing Piece in Your Retirement Plan

A Second Home Might Be the Missing Piece in Your Retirement Plan

IAre you wondering if you’re on track to retire someday? According to Intuit, 69% of people say today’s financial environment makes it tough to plan for the future, and 68% aren’t sure they’ll ever be able to retire. That’s why many people are exploring new ways to build stability and long-term income. And that’s where real estate comes […]

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Concessions

What You Need to Know About Real Estate Concessions in Today’s Market

In today’s housing market, real estate concessions are becoming more common than ever. Recent data shows that almost 44% of sellers are making concessions to help their homes stand out and get sold faster. But what exactly does this mean for buyers and sellers? A real estate concession is any benefit a seller offers to

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homeowner and renter net worth

The Net Worth Difference Between Homeowners and Renters

When it comes to building long-term wealth, the homeowner and renter net worth gap is staggering. According to the Federal Reserve, the average homeowner has a net worth of about $396,500, while the average renter’s net worth is just $10,400. Why is the difference so massive? Every mortgage payment a homeowner makes builds equity—essentially, their

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Stay financially consistent

Things to Avoid After Applying for a Mortgage: Stay Financially Consistent

Applying for a mortgage is a major step in the homebuying process. Once your lender has reviewed your financial situation, it’s important to stay financially consistent until closing day. Any sudden changes in your finances could put your mortgage approval at risk. Here are a few key things to avoid: The best advice? Before making

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Buyers Have More Negotiation Power

Buyers Have More Negotiation Power – Here’s How To Use It

You may have heard there are more homes for sale right now. And while that’ll vary depending on the market, it means that overall, things are starting to lean in a more balanced direction. As that happens, some sellers are a bit more open to compromise. Here’s what that means for you. You may be regaining some negotiating power.

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The Return to Urban Living — Why More People Are Moving Back to Cities

The Return to Urban Living — Why More People Are Moving Back to Cities

After years of suburban and rural migration during the pandemic, cities have been making a comeback in the past couple of years. According to the National Association of Realtors (NAR), the percentage of people moving to cities has risen to 16%. While that may not sound like a big number to you, it is the highest level in a decade

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Two Resources That Can Help You Buy a Home Right Now

Two Resources That Can Help You Buy a Home Right Now

A recent report from Realtor.com says 20% of Americans don’t think homeownership is achievable. Maybe you feel the same way. With inflation driving up day-to-day expenses, saving enough to buy your first home is more of a challenge. But here’s the thing. With the right resources and help, you can still make it happen. There are options that

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