Beth Roebuck, MD Home Life

10/19/2024

Torn between buying now or waiting? Don’t forget to factor in how much equity is at stake.

Based on expert home price forecasts, you have the chance to gain roughly $90K in equity over the next 5 years.

While that number will vary based on when and where you buy, the wealth-building opportunity is very real. If you’re ready and able to buy now, let’s chat about why it's worth it.

10/19/2024

Why Buying Now Is Worth It

Torn between buying now or waiting? Don’t forget to factor in the equity you’ll gain as prices rise. If you bought a $450K house this year, experts say you could gain more than $90,000 in equity over the next 5 years.

10/17/2024

More homes just hit the market – and that doesn’t usually happen in the fall.

Thanks to a drop in mortgage rates, 11.6% more homes were listed for sale in September than at this time last year. That means you’ve got more options to choose from, so you can finally find the home you’ve been looking for.

Let’s connect and take advantage of what’s out there while it lasts.

10/17/2024

Thinking of selling your house and moving? It’s worth considering if you want to put 20% down on your next home.

While that typically isn’t required, putting that much down has clear advantages – and the equity you’ve built up in your current home can help make it possible.

DM me today for a professional equity assessment and to discuss how you can use your equity to fuel your next move.

10/16/2024

Why an Agent Is Essential When Buying a Newly Built Home

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market.

So, is there any merit to the myth? Let’s break down the best way to make sure you feel good about looking into new home construction. That way, you’re not missing out on such a great option today.

Choosing the Right Builder

The key to making sure you get a quality newly built home is to choose a good builder. Reputable builders adhere to strict building codes and standards, use advanced construction techniques, and often offer warranties that cover structural issues for several years.

Beyond that, maybe they’ve even worked with other buyers who opted for a home in one of those...

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes.

10/15/2024

Why a Condo Could Be Your Perfect First Home

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner.

And here’s some exciting news: builders are focusing more on homes like these. The National Association of Home Builders (NAHB) says: “The share of townhomes being built is at an all-time high.”

That means there’s a good number of options to add to your home search if you broaden it to include condos and townhomes.

So, if you're comfortable with a smaller space and want to buy your first home before the spring rush, adding these types of homes to your search might be your answer.

The Perks of a Condo Lifestyle

Living in a condo has a...

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or townhome.

10/12/2024

Have you heard? In 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment.

If you want to compare buying and renting a home in our area, DM me and let’s take a look together.

10/12/2024

Buying Beats Renting in These Top Cities

Based on a recent study, in 22 of the top 50 metros, the monthly mortgage payment is lower than the rent payment. To see what makes the most sense for you, let’s sit down and crunch the numbers together. You may find you have the opportunity to forget renting for good.

10/10/2024

How Much Does It Cost To Sell My House?

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost. To be honest, the final number will depend on several factors like the offer you accept, if you help with your buyer’s closing costs, how many repairs you tackle, and more.

Closing Costs and Commission

These are the fees you’ll pay at the closing table to cover various aspects of the sale. You’ll have your own closing costs and you may even offer to pay some of the buyer’s as a concession.

Pre-Listing Inspection and Repairs

One optional step some sellers take is having a pre-listing inspection. It gives you an idea of what may pop up later on in the buyer’s inspection – because those are the items a buyer may ask you to toss in a credit (or concession) to cover later on.

This allows you to get a jump on any repairs and tackle them before you list, so...

If you’re toying with the idea of selling your house, you’re probably wondering how much it’ll cost.

10/10/2024

Worried about a housing market crash? Here's why supply and demand show you don't need to be.

In a balanced market, we see about a 6 months’ supply of homes for sale – meaning supply and demand is about equal. Back in the 2008 crash, that jumped way up to 13 because there were too many homes for sale. And today, we have only a 4.2 months’ supply.

This shows we're not even back to normal – and we’re really far off of what happened in 2008. That’s why a crash isn’t expected.

10/09/2024

Now’s the Time To Upgrade to Your Dream Home

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone. A recent Inman survey reveals the top motivator for today’s homebuyers is the desire for more space or an upgraded home. But there’s good news: now’s actually a great time to make that move happen. Here’s why.

You Have a Lot of Equity To Leverage

One of the key benefits in today’s market is the amount of equity you’ve likely built up in your current house over the years.

What does that mean for you? If you’ve been in your home for a few years, you’re probably sitting on a significant amount of equity. You can put that toward the down payment on your next home, helping keep the amount you borrow within a comfortable range.

Mortgage Rates Have Fallen, Boosting Your Purchasing Power

And there’s another big reason why now’s a great time to make...

If you’ve been wanting to sell your house and move up to a bigger or nicer home, you’re not alone.

10/08/2024

The Top 3 Reasons Affordability Is Improving

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, let’s talk about why now may be the perfect time to jump back in.

Affordability is based on three key factors: mortgage rates, home prices, and wages.