![The Difference Between Renting and Buying a Home [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/10/The-Difference-Between-Renting-And-Buying-A-Home-KCM-Share.png)
Some Highlights
- When deciding between buying a home or renting, think about these three important factors.
- Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.
- If you’re ready to enjoy the advantages of owning a home, connect with a local real estate expert to discuss your options.
![How Homeowner Net Worth Grows with Time [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/10/How-Homeowner-Net-Worth-Grows-with-Time-KCM-Share.png)
Some Highlights
- If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
- On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time.
- If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, talk with a local real estate professional.
![Explaining Today’s Low Housing Supply [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/09/Explaining-Todays-Low-Housing-Supply-KCM-Share.png)
Some Highlights
- Wondering why the supply of homes for sale is limited today? There are a few factors at play.
- Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low.
- But real estate agents know exactly where to look and what to do to make your dream a reality. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home.
![How Remote Work Helps with Your House Hunt [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/09/How-Remote-Work-Helps-with-Your-House-Hunt-KCM-Share.png)
Some Highlights
- While remote work peaked during the pandemic, many people still work from home today.
- If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home.
- If you can work from home, you might have more choices for where to live. Connect with a real estate agent to talk about your options and what’s most important to you.
![Plenty of Buyers Are Still Active Today [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/09/Plenty-of-Buyers-Are-Still-Active-Today-KCM-Share.png)
Some Highlights
- Holding off on selling your house because you believe there aren’t any buyers out there?
- Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now.
- Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic is still strong today. Connect with a real estate agent to get your house in front of these buyers.
![Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/09/Home-Price-Forecasts-Revised-for-2023-KCM-Share.png)
Some Highlights
- Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
- While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
- Connect with your trusted real estate agent to find out what’s happening with home values in your local area.
Sources
![Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/09/20230901-Homeowners-Have-a-Lot-of-Equity-Right-Now-KCM-Share.png)
Some Highlights
- Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
- Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
- Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).
![Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/08/Todays-Housing-Market-Has-Only-Half-the-Usual-Inventory-KCM-Share.png)
Some Highlights
- There are only about half the number of homes for sale compared to the last normal years in the market.
- That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight.
- If you’re thinking of selling, get in touch with a local real estate agent so your house can stand out while there’s such a shortage of supply and buyers are craving more options.
![Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/08/Dont-Expect-A-Wave-Of-Foreclosures-KCM-Share.png)
Some Highlights
- With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely.
- Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
- Since most are paying on time, a wave isn’t coming. If you’re concerned about a flood of foreclosures, the data shows that’s not likely.
![Home Prices Are Back on the Rise [INFOGRAPHIC] Simplifying The Market](https://allavenuerealty.com/wp-content/uploads/2023/08/Home-Prices-Are-Back-On-The-Rise-KCM-Share.png)
Some Highlights
- Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
- If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.
- Connect with a local real estate agent so you know what’s happening with prices in your area.
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