Author: Henry Chu at Golden Gate Sotheby's International Realty

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Buying Myths / First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers / Pricing

Why It’s More Affordable To Buy a Home This Year [INFOGRAPHIC]

Some Highlights Home affordability depends on three factors: mortgage rates, home prices, and wages. Mortgage rates are down from their recent peak, home prices are expected to rise at a slower pace, and wages are increasing faster than usual. That’s good news if you want to buy a home because...

The Top Benefits of Buying a Multi-Generational Home

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

The Top Benefits of Buying a Multi-Generational Home

Has the idea of sharing a home with loved ones like your grandparents, parents, or other relatives crossed your mind? If so, you’re not alone. More buyers are choosing to go this route and buy a multi-generational home. Here’s a look at some of the top reasons why, to see...

Are More Homeowners Selling as Mortgage Rates Come Down?

Buying Myths / For Buyers / Housing Market Updates / Move-Up Buyers

Are More Homeowners Selling as Mortgage Rates Come Down?

If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you – it may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-In Effect Over the past...

Experts Project Home Prices Will Increase in 2024

First Time Home Buyers / For Buyers / Housing Market Updates / Pricing

Experts Project Home Prices Will Increase in 2024

Even though home prices are going up nationally, some people are still worried they might come down. In fact, a recent survey from Fannie Mae found that 24% of people think home prices will actually decline over the next 12 months. That means almost one out of every four people...

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Infographics / Move-Up Buyers

Key Terms Every Homebuyer Should Learn [INFOGRAPHIC]

Some Highlights Buying a home is a big deal and can feel especially complicated if you don’t know the terms used during the process. If you want to become a homeowner this year, it’s a good idea to learn these key housing terms and understand how they relate to the...

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

For Sellers / Housing Market Updates / Selling Myths

2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers

If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a...

Homeownership Is Still at the Heart of the American Dream

Buying Myths / First Time Home Buyers / For Buyers / Move-Up Buyers

Homeownership Is Still at the Heart of the American Dream

Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist at Zillow: “The...