
The Dramatic Impact of Homeownership on Net Worth
- By Jim Lowenstern
- Posted



Source: Reuters ..
U.S. existing home sales fell in December to the lowest level in nearly 13-1/2 years, but a recovery could be in the cards this year as mortgage rates decline and housing inventory shows signs of improving.

If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this.

As you set your sights on buying a home in the upcoming year, a focus on boosting your credit score could help you get a better mortgage rate when the time comes.
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Whether you’re planning to buy your first home, or you’re ready to move into a different one to meet your changing needs, think about the emotional benefits that can turn a house into a happy home.
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If you're thinking about selling your house on your own, called “For Sale by Owner” or FSBO, there are some important things to consider. Going this route means taking on a lot of responsibilities by yourself – and that can be a bit of a headache.

If you were worried buyer demand disappeared when mortgage rates went up, the data shows there are plenty of interested buyers still out there.

Has your house been sitting on the market a while without selling? If so, you should know that’s pretty unusual, especially right now. That’s because the supply of homes available for sale is still far lower than what we’d see in a normal year.

If you're looking to buy a home, don't forget about the many ways an agent is essential to that process...

Négocity Agency presents this magnificent property, a 19th-century castle of rare elegance, completely renovated, offering a panoramic view of the vineyards of Mercurey and the picturesque village.
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The big takeaway? The data shows there isn’t cause for concern – there are actually more signs of hope.
WELCOME HOME TO CLASSIC KONA ELEGANCE Location and Views: Sweeping ocean views and sunset vistas from Kona Town to the airport. The gated community of Kona View Estates provides both privacy and security. Close proximity to downtown Kona, offering convenience while maintaining a country living feel.
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If you’re thinking about buying a home, you may find yourself interested in the latest real estate headlines so you can have a pulse on all of the things that could impact your decision. If that’s the case, you’ve probably heard mention of investors and wondered how they’re impacting the housing market right now.

Thinking of buying or selling a house and wondering what the new year holds for the housing market? Experts forecast home prices to end this year up 2.8% and to rise another 1.5% in 2024.