EXIT Realty Premier Blog

Are Higher Mortgage Rates Here To Stay?

October 16, 2023

For BuyersFirst Time Home BuyersInterest RatesHousing Market UpdatesBuying Myths

Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):  

 

That can feel like a little bit of a gut punch if you’re thinking about making a move. If you’re won...

The Difference Between Renting and Buying a Home [INFOGRAPHIC]

 

October 13, 2023

For BuyersInfographicsFirst Time Home BuyersMove-Up BuyersBuying MythsRent vs. Buy

Some Highlights

• When deciding between buying a home or renting, think about these three important factors.
• Buying a home means avoiding rising rents, owning a tangible and valuable asset, and growing your wealth over time.
• If you’re ready to enjoy the advantages of owning a home, let’s connect to discuss your options.

Sell...

Growing Your Net Worth with Homeownership

October 12, 2023

For BuyersBuying MythsRent vs. Buy

Take a moment to imagine where you want to be in a few years. You might be thinking about your job, money, wanting more stability, or goals you want to reach soon. Is homeownership a part of that vision? If it is, you should know owning a home has a whole lot of financial benefits.

One of the many reasons to buy a home is that it’s a great way to build wealth and gain financial stability. That’s...

Home Prices Are Not Falling

October 3, 2023

For SellersPricingHousing Market UpdatesSelling Myths

During the fourth quarter of last year, some housing experts projected home prices were going to crash in 2023. The media ran with those forecasts and put out headlines calling for doom and gloom in the housing market. All of this negative news coverage made a lot of people have doubts about the strength of the residential real estate market.

If it made you question if you should delay your o...

Unpacking the Long-Term Benefits of Homeownership

October 2, 2023

For BuyersFirst Time Home BuyersMove-Up BuyersBuying Myths

If you’re thinking about buying a home soon, higher mortgage rates, rising home prices, and ongoing affordability concerns may make you wonder if it still makes sense to buy a home right now. While those market factors are important, there's more to consider. You should think about the long-term benefits of homeownership too.

Think about this: if you know people who...

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

 

September 29, 2023

InfographicsHousing Market UpdatesNew Construction

Some Highlights

Wondering why the supply of homes for sale is limited today? There are a few factors at play. Lack of building over time, the mortgage rate lock-in effect, and people staying in their houses longer are three of the main reasons why supply is low. But real estate agents know exactly where to look and what to do to make your dream a reality. Let’s co...

 

The Return of Normal Seasonality for Home Price Appreciation

September 26, 2023

For BuyersFor SellersPricingFirst Time Home BuyersMove-Up BuyersHousing Market UpdatesBuying MythsSelling Myths If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you ne...