Archive for the ‘Housing Trends’ Category

A Newly Built Home May Actually Be More Budget-Friendly

July 24, 2024

A Newly Built Home May Actually Be More Budget-Friendly

If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes can sometimes lead to more cost-effective options, especially today. […]

Read More
The Best Week To List Your House Is Here

April 5, 2024

The Best Week To List Your House Is Here

Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual […]

Read More
Buyer Activity Is Up Despite Higher Mortgage Rates

May 3, 2023

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much […]

Read More
What Makes a House a Home?

December 22, 2022

What Makes a House a Home?

There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional reasons are too. Home means something different to all of us. Whether it’s sharing memories with loved ones at the […]

Read More
What Happens to Housing When There’s a Recession?

October 25, 2022

What Happens to Housing When There’s a Recession?

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 mild and the economy would rebound quickly. Part of that […]

Read More

September 13, 2022

Resource Increases Conforming Loan Limits

Resource Financial is providing more opportunities for the American dream with the new increased conforming loan limits.  Conforming loan limits are increasing to $715,000 from $647,200 – that is a $67,800 increase from just earlier this year. What does this mean to me? You may be able to take advantage of a more affordable loan […]

Read More
Is the Housing Market Correcting?

June 15, 2022

Is the Housing Market Correcting?

If you’re following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need to know. The housing market is moderating compared to the last two years, but what everyone needs to remember is […]

Read More
Higher Loan Limit Makes It Easier to Buy More House

December 1, 2021

Higher Loan Limit Makes It Easier to Buy More House

The Federal Housing Finance Agency (FHFA) announced this week that conforming loan limits are increasing to $647,200. That’s an increase of $98,950 – from $548,250 in 2021. This means you might be able to take advantage of a more affordable loan option, particularly if you are looking to buy in a market with rising home […]

Read More
How to Start Saving for a New Home

February 3, 2021

How to Start Saving for a New Home

With the new year starting most of us have new goals and aspirations we want to work towards, and with so much time spent at home, you might be thinking it’s time for a new house! But how to start saving up for a new home? We have gathered our best tips and important points […]

Read More
What are millennial homebuyers looking for?

January 27, 2021

What are millennial homebuyers looking for?

According to a recent survey from Morning Consult, 28% of millennials who don’t already own homes are more interested in purchasing one because of the pandemic.  While millennials have been known to delay home buying, the pandemic, combined with historically low-interest rates and the popularization of working from home seems to have millennials moving in […]

Read More