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).
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Bradley Mayhew2023-09-01 10:30:002023-09-01 10:30:00Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]
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.
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Bradley Mayhew2023-08-25 10:30:002023-08-25 10:30:00Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]
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.
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Bradley Mayhew2023-08-18 10:30:002023-08-18 10:30:00Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]
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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Bradley Mayhew2023-08-11 10:30:002023-08-11 10:30:00Home Prices Are Back on the Rise [INFOGRAPHIC]
Some Highlights
- Want to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows positive price growth.
- Where mortgage rates go for the rest of the year will depend on inflation. Based on historical trends, rates are likely to ease as inflation continues to cool.
- Even though low inventory continues to be a challenge, experts project 5 million homes will still sell this year. That pace should pick up if rates come down.
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Bradley Mayhew2023-08-04 10:30:002023-08-04 10:30:00Housing Market Forecast for the Rest of 2023 [INFOGRAPHIC]
Some Highlights
- If you’re considering buying or selling a home, you’ll want to know what’s happening in the housing market.
- Housing inventory is still very low, prices are climbing back up, and homes are selling fast when priced right.
- Connect with a real estate agent if you want more information about your local area and what the trends mean for your plans to buy or sell.
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Bradley Mayhew2023-07-28 10:30:002023-07-28 10:30:00Key Housing Market Trends [INFOGRAPHIC]
Some Highlights
- According to a recent Gallup poll, real estate has been voted the best long-term investment for 11 years in a row, beating gold, stocks, bonds, and more.
- Owning real estate means more than just having a home—it’s an investment in your future. That’s because it’s typically a stable and secure asset that tends to increase in value as time goes on.
- Connect with a local real estate agent if you’re ready to buy a home and invest in your future.
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Bradley Mayhew2023-07-21 10:30:002023-07-21 10:30:00Real Estate Continues To Be the Best Investment [INFOGRAPHIC]
Some Highlights
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Bradley Mayhew2023-07-14 10:30:002023-07-14 10:30:00Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]
Some Highlights
- Downsizing is a popular choice for homeowners when they retire or when their needs change, but with inflation still high, it’s also a way to reduce costs.
- Downsizing could help cut down on your expenses and your equity can fuel your move.
- If you’re thinking about moving to a smaller home, connect with a real estate professional to go over your housing goals and look at your options in the local market.
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Bradley Mayhew2023-07-07 10:30:002023-07-07 10:30:00The Benefits of Downsizing for Homeowners [INFOGRAPHIC]
Some Highlights
- An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.
- They’ll explain what’s happening today, what that means for you, and how to price and market your house. They’re also skilled negotiators and well versed in the contracts and disclosures involved.
- Connect with a local real estate agent to ensure you have an expert helping you sell your house successfully.
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Bradley Mayhew2023-06-30 10:30:002023-06-30 10:30:00Key Reasons To Use a Real Estate Agent When You Sell [INFOGRAPHIC]
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