With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone couldContinue reading “3 Charts That Show This Isn’t a Housing Bubble”
Author Archives: Your@Home Team with Re/Max Results
What You Should Do Before Interest Rates Rise
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage of today’sContinue reading “What You Should Do Before Interest Rates Rise”
A Look at Home Price Appreciation Through 2025
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels. InContinue reading “A Look at Home Price Appreciation Through 2025”
Homeownership in Edina Made Affordable
Edina is a wonderful place to call home, but some may say it can be a little…unaffordable. Well…we know a way you can purchase a home in Edina for less! Our team has spent hundreds of hours teaching about different specialty programs, sometimes they can save you thousands of dollars. One of our favorite programs is theContinue reading “Homeownership in Edina Made Affordable”
Independence Day
Happy Fourth of July weekend! We hope you all have a fabulous long weekend and enjoy some fireworks and family time! Did you know these fun facts about the Fourth of July? Americans eat roughly 150 MILLION hot dogs on Independence Day! That’s enough to stretch from D.C. to L.A.! 2. The Declaration of IndependenceContinue reading “Independence Day”
Housing Wealth: The Missing Piece of the Affordability Equation
The real estate market is soaring today. Residential home values are rising, and that’s a big win for homeowners. In 2020, there was a double-digit increase in home values – a trend that’s expected to head toward similar levels this year. Long-term historical appreciation has proven to be around 3% per year. But, as an example, theContinue reading “Housing Wealth: The Missing Piece of the Affordability Equation”
Happy Father’s Day
Happy Fathers Day to all you Dads. Too often we take all you do for granted. This is our time to reflect on all the ways the Dads in our lives have made an impact. After all, our kids would only be half as awesome, cool and strong without you. 🙂 Truth be known…so wouldContinue reading “Happy Father’s Day”
Americans See Real Estate as a Better Investment Than Stocks or Gold
In a recent post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. And a May Gallup Poll reaffirmed those findings. In an article on the current real estate market, Gallup reports: “Gallup usually finds that Americans regard real estate as the best long-term investment amongContinue reading “Americans See Real Estate as a Better Investment Than Stocks or Gold”
Patience!
(NOTE FROM YOUR@HOME TEAM: This week we invited one of our long-time preferred lenders to share her views on this extremely hot real estate market we are experiencing. Leslie Vanderwerf, with Cross Country Mortgage, is a loan officer with over 25 years of experience in lending and teaching buyers about the best options available forContinue reading “Patience!”
Honoring our Veterans
As we approach Memorial Day weekend, we want to thank those who have sacrificed for the freedoms we enjoy. In real estate, we do so by helping our vets get into great homes with great programs that are available ONLY to vets! The VA loan, or Veterans’ Affairs loan, has many advantages for the eligible veteran,Continue reading “Honoring our Veterans”