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Infographics

The Difference Between Renting and Buying a Home [INFOGRAPHIC]

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The Difference Between Renting and Buying a Home [INFOGRAPHIC] Simplifying The Market

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, connect with a local real estate expert to discuss your options.

How Homeowner Net Worth Grows with Time [INFOGRAPHIC]

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How Homeowner Net Worth Grows with Time [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • If you’re thinking about buying a home this year, be sure to consider the long-term financial advantages of homeownership, like home equity.
  • On average, people who bought homes 32 years ago have seen their home’s value nearly triple over that time. 
  • If you’re wondering if buying a home is a good idea, remember rising home values could grow your net worth with time. When you’re ready to start your homebuying journey, talk with a local real estate professional.

Explaining Today’s Low Housing Supply [INFOGRAPHIC]

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Explaining Today’s Low Housing Supply [INFOGRAPHIC] Simplifying The Market

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. Connect with an agent so you have an expert on your side to help you successfully navigate the market and find your next home. 

How Remote Work Helps with Your House Hunt [INFOGRAPHIC]

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How Remote Work Helps with Your House Hunt [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • While remote work peaked during the pandemic, many people still work from home today.
  • If you’re one of them, it could have an unexpected benefit when you’re looking to buy a home.
  • If you can work from home, you might have more choices for where to live. Connect with a real estate agent to talk about your options and what's most important to you.

Plenty of Buyers Are Still Active Today [INFOGRAPHIC]

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Plenty of Buyers Are Still Active Today [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • Holding off on selling your house because you believe there aren’t any buyers out there?
  • Data shows buyers are still active, even with higher mortgage rates. This goes to show, people still want to buy homes, and those who can are moving now.
  • Don’t delay your plan to sell for fear no one is buying. The opposite is true and buyer traffic is still strong today. Connect with a real estate agent to get your house in front of these buyers.

Home Price Forecasts Revised for 2023 [INFOGRAPHIC]

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Home Price Forecasts Revised for 2023 [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • Last year, some housing experts projected a decline in home prices by the end of 2023. But that didn’t happen – inventory was just too low.
  • While it’s normal for experts to re-forecast throughout the year, the good news for 2023 is that prices are no longer projected to decrease.
  • Connect with your trusted real estate agent to find out what’s happening with home values in your local area.


Sources

 

Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • Your equity grows as you pay down your home loan and as home prices increase. With home prices rising again, your equity is getting an extra boost.
  • Almost half of homeowners are equity rich because they have at least 50% equity in their homes. If you’ve been in your home for a while, you might have gained a considerable amount of equity, too.
  • Want to find out how much equity you have? Connect with a trusted real estate agent for a Professional Equity Assessment Report (PEAR).

Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC]

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Today’s Housing Market Has Only Half the Usual Inventory [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • There are only about half the number of homes for sale compared to the last normal years in the market.
  • That means buyers don’t have enough options right now. So, if you work with an agent to list your house, it should be in the spotlight. 
  • If you're thinking of selling, get in touch with a local real estate agent so your house can stand out while there’s such a shortage of supply and buyers are craving more options.

Don’t Expect a Wave of Foreclosures [INFOGRAPHIC]

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Don’t Expect a Wave of Foreclosures [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • With ongoing high inflation pushing up everyday costs, some people are worried that'll create a flood of foreclosures. Here's why that's unlikely.
  • Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments.
  • Since most are paying on time, a wave isn’t coming. If you're concerned about a flood of foreclosures, the data shows that's not likely.

Home Prices Are Back on the Rise [INFOGRAPHIC]

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Home Prices Are Back on the Rise [INFOGRAPHIC] Simplifying The Market

Some Highlights

  • Looking at monthly home price data from six expert sources shows the worst home price declines are behind us, and they’re rising again nationally.
  • If you’ve put your plans to move on pause because you were worried about home prices crashing, this rebound is good news.
  • Connect with a local real estate agent so you know what’s happening with prices in your area.