Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “. . . don’t expect a housing bust like the mid-2000s, as lending standards in ... » Learn More about Home Equity: A Source of Strength for Homeowners Today
DIRKS REAL ESTATE REPORT (WEEK 45)
Fun Things to do this week... THIS WEEKS REAL ESTATE UPDATE Numbers help tell a story. Numbers are powerful, especially when it comes to real estate! Whether you are assess whether it’s a good time to buy, sale or invest these numbers can be very valuable in determining offers ... » Learn More about DIRKS REAL ESTATE REPORT (WEEK 45)
Homeownership Wins Over Time [INFOGRAPHIC]
Some Highlights If you’re questioning whether or not to buy a home this year due to today’s cooling market, consider the long-term financial benefits of homeownership.As a homeowner, equity increases your wealth. On average, nationwide, home prices appreciated ... » Learn More about Homeownership Wins Over Time [INFOGRAPHIC]
What’s Ahead for Mortgage Rates and Home Prices?
Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best move ... » Learn More about What’s Ahead for Mortgage Rates and Home Prices?
Key Factors Affecting Home Affordability Today
Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the ... » Learn More about Key Factors Affecting Home Affordability Today