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

Home Equity: A Source of Strength for Homeowners Today

For Sellers / Foreclosures / Housing Market Updates

Home Equity: A Source of Strength for Homeowners Today

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 this housing...

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

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

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

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. Homeownership is the American Dream. One...

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

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

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

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 know about VA loans...

What’s Ahead for Mortgage Rates and Home Prices?

First Time Home Buyers / For Buyers / For Sellers / Housing Market Updates / Interest Rates / Move-Up Buyers / Pricing

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...

The Majority of Americans Still View Homeownership as the American Dream

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

The Majority of Americans Still View Homeownership as the American Dream

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 why so...

Key Factors Affecting Home Affordability Today

First Time Home Buyers / For Buyers / Housing Market Updates / Interest Rates / Move-Up Buyers / Pricing

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 only factor...

Homeownership Wins Over Time [INFOGRAPHIC]

First Time Home Buyers / For Buyers / Housing Market Updates / Infographics / Move-Up Buyers

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 by 2% since 1991. Homeownership wins in the long run. If...

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

Demographics / First Time Home Buyers / For Buyers / Gen Z / Millennials / Move-Up Buyers

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

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 previous generations have done...