Milnesha Cline - Downtown Realty

Milnesha Cline - Downtown Realty Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Milnesha Cline - Downtown Realty, Estate agent, 122 West Pine Street, Ponchatoula, LA.

No matter how the housing market changes, there are some things about owning a home that never change—like the personal ...
02/14/2023

No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours.

Over the last few years, we’ve fully embraced the meaning of our homes as we spent more time than ever in them. As a result, the emotional benefits our homes provide have become even more important to us.

As the most recent State of the American Homeowner from Unison puts it:

“. . . one thing has stayed the same: the home continues to be of the utmost importance and a place of security and comfort.”

The same study from Unison notes:

91% of homeowners say they feel secure, stable, or successful owning a home

64% of American homeowners say living through a pandemic has made their home more important to them than ever

It’s no surprise this study also reveals that homeowners now love their homes even more as our attachments to them have grown:

The National Association of Realtors (NAR) also explains:

“In addition to tangible financial benefits, homeownership brings substantial social benefits for [households], communities, and the country as a whole.”

In other words, not only does owning a home build your net worth over time, but it also gives you and your loved ones a place to thrive. And by living near people with shared experiences, homeownership helps you connect with your community and contribute meaningfully.

Bottom Line
Whether you’re thinking of buying your first home, moving up to your dream home, or downsizing to something that better fits your changing lifestyle, let me be the key to unlocking a home you can truly fall in love with.

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordabili...
01/26/2023

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. The three measures used to establish home affordability are home prices, mortgage rates, and wages.

Mortgage rates shot up to over 7% last year, causing many buyers to put their plans on hold. But things are looking different today as rates are starting to come down. If 7% rates paused your homebuying plans last year, this could be the opportunity you need to get back in the game. Be sure to work with a team of experts who know the latest on mortgage rates and can give you the best advice for the current market.

Home prices have made headlines over the past few years because they skyrocketed during the pandemic. For insight into what’s happening in your market and how prices are impacting affordability, reach out to a trusted real estate professional.

The final component in the affordability equation is wages. When you think about affordability, remember the full picture includes more than just mortgage rates and prices.

If you have questions, reach out to a trusted real estate professional to explore your options. You may be closer to owning a home than you think.

Address

122 West Pine Street
Ponchatoula, LA
70454

Opening Hours

Monday 7am - 5pm
Tuesday 7am - 5pm
Wednesday 7am - 5pm
Friday 7am - 5pm
Saturday 2pm - 8pm

Telephone

+15044853218

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