Virginia Gardner

Blog :: 01-2023

Homeownership Builds Your Wealth over Time [INFOGRAPHIC]

Some Highlights

  • If youre thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership.
  • On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term.
  • Homeownership wins over time. Lets connect so you can start your homebuying journey
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The 3 Factors That Affect Home Affordability

If youve been following the housing market over the last couple of years, youve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares:

. . . with slowly improving affordability and a more optimistic economic outlook than previously believed, the housing market could show resilience in

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Want To Sell Your House? Price It Right.

Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If youre thinking of selling your house soon, that means youll want to adjust your expectations accordingly. As realtor.com explains:

. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal

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Pre-Approval in 2023: What You Need To Know

One of the first steps in your homebuying journey is getting pre-approved. To understand why its such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains:

In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to borrow, and what your rate could

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