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Pricing

Owning a Home Is Still More Affordable Than Renting One

January 21, 2021 by Amanda Rogers

If spending more time at home over the past year is making you really think hard about buying a home instead of renting one, you’re not alone. You may be wondering, however, if the dollars and cents add up in your favor as home prices continue to rise. According to the experts, in many cases, it’s ... » Learn More about Owning a Home Is Still More Affordable Than Renting One

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy

Should I Wait for Lower Mortgage Interest Rates?

January 20, 2021 by Amanda Rogers

Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates ... » Learn More about Should I Wait for Lower Mortgage Interest Rates?

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Move-Up Buyers, Pricing

Will Forbearance Plans Lead to a Tsunami of Foreclosures?

January 14, 2021 by Amanda Rogers

At the onset of the economic disruptions caused by the COVID pandemic, the government quickly put into place forbearance plans to allow homeowners to remain in their homes without making their monthly mortgage payments. Today, almost three million households are actively in a forbearance plan. ... » Learn More about Will Forbearance Plans Lead to a Tsunami of Foreclosures?

Filed Under: Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing, Short Sales

What Does 2021 Have in Store for Home Values?

January 12, 2021 by Amanda Rogers

According to the latest CoreLogic Home Price Insights Report, nationwide home values increased by 8.2% over the last twelve months. The dramatic rise was brought about as the inventory of homes for sale reached historic lows at the same time buyer demand was buoyed by record-low mortgage rates. As ... » Learn More about What Does 2021 Have in Store for Home Values?

Filed Under: For Buyers, For Sellers, Interest Rates, Move-Up Buyers, Pricing

The Importance of Home Equity in Building Wealth

January 7, 2021 by Amanda Rogers

Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and an avenue for building wealth over time. This ‘wealth’ is ... » Learn More about The Importance of Home Equity in Building Wealth

Filed Under: Buying Myths, First Time Home Buyers, For Buyers, Interest Rates, Pricing, Rent vs. Buy

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Amanda Rogers
REALTOR - Rogers Neighborhood Realty
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Rogers Neighborhood Realty Broker 6505431090 Agent 6502431082 318 E Main St, Suite D, Lowell, MI 49331