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How Your Equity Can Grow over Time | Next Home Life Styles
It’s true that record levels of home price appreciation have spurred significant equity gains for homeowners over the past few years. As Diana Olick, Real Estate Correspondent at CNBC, says : “The stunning jump in home values over the cour...If You’re Selling Your House This Summer, Hiring a Pro Is Critical | Next Home Life Styles
It can be tempting, especially with how hot the housing market has been over the past two years, to consider selling your home on your own. But today’s market is at a turning point , making it more essential than ever to work with a real esta...Homeownership Could Be in Reach with Down Payment Assistance Programs | Next Home Life Styles
A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their primary hurdles to buying a home. If you fe...Things To Avoid After Applying for a Home Loan | Next Home Life Styles
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things y...
The Average Homeowner Gained $64K in Equity over the Past Year | Next Home Life Styles
If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation, you’re building that equi...
Home Price Deceleration Doesn’t Mean Home Price Depreciation | Next Home Life Styles
Experts in the real estate industry use a number of terms when they talk about what’s happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what’s happening with home prices ...
The U.S. Homeownership Rate Is Growing | Next Home Life Styles
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data show...