![Where Will You Go After You Sell Your House? [INFOGRAPHIC] Simplifying The Market](https://files.keepingcurrentmatters.com/wp-content/uploads/2023/03/02131724/Where-Will-You-Go-After-You-Sell-Your-House-KCM-Share.png)
Some Highlights
- If you’re thinking of selling your house, be sure to explore all the options you have for your next home.
- Both newly built homes and existing homes offer plenty of unique benefits.
Equity Gains for Today’s Homeowners
Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.
What You Should Know About Rising Mortgage Rates
After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.
One Major Benefit of Investing in a Home
One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac:
How To Make Your Dream of Homeownership a Reality
According to a recent Harris Poll survey, A Smaller Home Could Be Your Best Option
Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the National Association of Realtors (NAR), says:
The Two Big Issues the Housing Market’s Facing Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply:
The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]
![The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC] Simplifying The Market](https://files.simplifyingthemarket.com/wp-content/uploads/2023/02/16105228/The-Spring-Housing-Market-Could-Be-A-Sweet-Spot-For-Sellers-KCM-Share.png)
Some Highlights
- The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy.
- The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market.
Wondering What’s Going on with Home Prices?
The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices.
Should You Consider Buying a Newly Built Home?
If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built.
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