Virginia Gardner

Blog :: 2023

Get Ready for Smaller, More Affordable Homes

Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, heres some good news based on what Ali Wolf, Chief Economist at Zonda, has to say smaller, more affordable homes are on the way:

Buyers should expect that over the next 12 to 24 months there will be a notable increase in the number of entry-level homes

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Homeowners Have a Lot of Equity Right Now [INFOGRAPHIC]

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 youve been in your home for a while, you might have gained a considerable amount of equity,
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How Inflation Affects the Housing Market

Have you ever wondered how inflation impacts the housing market? Believe it or not, theyre connected. Whenever there are changes to one, both are affected. Heres a high-level overview of the connection between the two.

The Relationship Between Housing Inflation and Overall Inflation

Shelter inflation is the measure of price growth specific to housing. It comes from a

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Gen Z: The Next Generation Is Making Moves in the Housing Market

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, theyre turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning their own

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