Blog | The HousingCoach

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Nov 21, 2022 | Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate...

Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]

Nov 18, 2022 | For Sellers, Housing Market Updates, Infographics, Selling Myths

Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge...

More People Are Finding the Benefits of Multigenerational Households Today

Nov 17, 2022 | Baby Boomers, Demographics, For Buyers, Gen Z, Generation X, Millennials

If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a multigenerational household as a home with two or more adult generations. And the number of...

Top Questions About Selling Your Home This Winter

Why It May Be Time To Add Newly Built Homes to Your Search

Nov 15, 2022 | First Time Home Buyers, For Buyers, Move-Up Buyers, New Construction

If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. If you’re willing to work with a trusted agent to consider a newly built home, you may have even more options...

Home Equity: A Source of Strength for Homeowners Today

Nov 14, 2022 | For Sellers, Foreclosures, Housing Market Updates

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...

VA Loans: Making Homes for the Brave Achievable [INFOGRAPHIC]

Nov 11, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house....

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

Nov 10, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should...

What’s Ahead for Mortgage Rates and Home Prices?

Nov 9, 2022 | First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

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...

The Majority of Americans Still View Homeownership as the American Dream

Nov 8, 2022 | First Time Home Buyers, For Buyers, Move-Up Buyers

Buying a home is a powerful decision, and it remains a key part of the American Dream. In fact, the 2022 Consumer Insights Report from Mynd found the majority of people polled still view homeownership as a key life achievement. Let’s explore just a few of the reasons...

Key Factors Affecting Home Affordability Today

Nov 7, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers, Pricing

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...

Homeownership Wins Over Time [INFOGRAPHIC]

Nov 4, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Infographics, Move-Up Buyers

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 by 2%...

Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

Nov 3, 2022 | Demographics, First Time Home Buyers, For Buyers, Gen Z, Millennials, Move-Up Buyers

It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way...

Sell Your House Before the Holidays

Nov 2, 2022 | For Sellers, Move-Up Buyers

As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no...

3 Trends That Are Good News for Today’s Homebuyers

Nov 1, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers

While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the...

Taking the Fear out of Saving for a Home

Oct 31, 2022 | Buying Myths, Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers

If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. And to do that, turn to trusted real...

Applying for a Mortgage Doesn’t Have To Be Scary [INFOGRAPHIC]

Oct 28, 2022 | First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers

Some Highlights Even with higher mortgage rates, the mortgage process doesn’t need to be something you fear. Here are some steps to help as you set out to buy a home. Know your credit score and work to build strong credit. When you’re ready, lean on the pros and...

Millennials Are Still a Driving Force of Today’s Buyer Demand

Oct 27, 2022 | Demographics, For Sellers, Housing Market Updates, Millennials

If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home to buy today. And your house may be exactly what they’re looking for. While the millennial generation has been dubbed...

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008

Oct 26, 2022 | For Buyers, For Sellers, Foreclosures, Housing Market Updates, Pricing

With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of what took place in 2008. But the good news...

What Happens to Housing when There’s a Recession?

Oct 25, 2022 | For Buyers, For Sellers, Housing Market Updates, Interest Rates

Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news is experts say a recession today would likely be...

Pre-Approval Is a Critical First Step on Your Homebuying Journey

Oct 24, 2022 | First Time Home Buyers, For Buyers, Move-Up Buyers

If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s...

3 Questions You May Be Asking About Selling Your House Today [INFOGRAPHIC]

Oct 21, 2022 | For Sellers, Housing Market Updates, Infographics

Some Highlights If you’re planning to sell your house this year, you likely have questions about what the shift in the housing market means for your home sale. You might be wondering: Should I wait to sell? Are buyers still out there? And can I afford to buy my next...

What’s Ahead for Home Prices?

Oct 20, 2022 | For Buyers, For Sellers, Housing Market Updates, Pricing

As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling...

Should You Still Buy a Home with the Latest News About Inflation?

Oct 19, 2022 | First Time Home Buyers, For Buyers, Housing Market Updates, Move-Up Buyers, Rent vs. Buy

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire for conversations about a recession. You’re likely feeling...

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