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Category: <span>Infographics</span>

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Debunking Scary Myths About Buying a Home

Author: Reid Realtors
Categories: For Buyers,Infographics,news

a screenshot of a cell phone

Some Highlights

  • There are a number of scary myths about homebuying in today’s market. Here’s what you need to know.
  • Prices are not expected to crash, it is possible to buy even with student loan debt, and there are programs that can help you save for a down payment.
  • Don’t let scary myths delay your homebuying plans. Connect with an agent so you have a pro to help you separate the facts from your fears.
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Why Buying Now Is Worth It

Author: Reid Realtors
Categories: Buying Tips,Equity,For Buyers,Forecasts,Infographics,news

a house with a blue sky and clouds

Some Highlights

  • You may be torn between buying a home now or waiting. But don’t forget to factor in the equity you’ll gain as prices rise.
  • Experts forecast prices will climb over the next 5 years – and based on those forecasts, you could gain about $90k in equity in that time.
  • So, you could wait, but you’ll miss out on a lot of equity if you do. If you’re ready and able to buy, let’s connect so you can start growing your wealth now.
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Buying Beats Renting in These Top Cities

Author: Reid Realtors
Categories: For Buyers,Infographics,news,Rent vs. Buy

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Some Highlights

  • Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.
  • Make sure you work with a pro who can help you crunch the numbers and see how your city stacks up. 
  • This may be your opportunity to forget renting for good. If you want to see which option makes the most sense in your area, connect with a local agent.
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The Top 3 Reasons Affordability Is Improving

Author: Reid Realtors
Categories: Affordability,Home Prices,Infographics,Mortgage Rates,news

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Some Highlights

  • Affordability is based on three key factors: mortgage rates, home prices, and wages.
  • And today, it’s improving quickly as rates come down, prices level off, and wages climb. 
  • If you put your search on pause because it was too expensive to buy, connect with an agent to talk about why now may be the perfect time to jump back in.
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Buy Now, or Wait?

Author: Reid Realtors
Categories: Buying Tips,For Buyers,Infographics,Mortgage Rates,news

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Some Highlights

  • If you’re wondering if you should buy now or wait, here’s what you need to know.
  • If you wait for rates to drop more, you’ll have to deal with more competition and higher prices as additional buyers jump back in. But if you buy now, you’d get ahead of that and have the chance to start building equity.
  • Should you buy now or wait? Connect with a real estate agent and talk through it together, so you can make your best decision.
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Lower Mortgage Rates Boost Your Buying Power

Author: Reid Realtors
Categories: For Buyers,Infographics,Mortgage Rates,news

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Some Highlights

  • Mortgage rates are trending down and that’s great news for your bottom line.
  • As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power.
  • If you put your search on hold when mortgage rates were higher, think about how much you could save now that rates are coming down.
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How To Avoid Today’s Top Seller Mistakes

Author: Reid Realtors
Categories: For Sellers,Infographics,news,Selling Tips

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Some Highlights

  • Want to know some of the top mistakes sellers are making today and how to make sure they don’t happen to you too?
  • The biggest missteps are pricing a house too high, skipping repairs, not being objective, and not being willing to negotiate.
  • And the best way to avoid falling into any of these traps is to partner with a real estate agent and lean on them for advice. 
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How Growing Inventory Benefits Today’s Buyers

Author: Reid Realtors
Categories: For Buyers,Infographics,Inventory,news

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Some Highlights

  • While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.​
  • Here’s what that means when you buy: more options for your search, more negotiation power for you, it’s more likely sellers will make select repairs, and more moderate price growth.
  • If you want to talk more about what rising inventory means for you, connect with a local real estate agent.

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