Kasey King’s Post

Do You Know How Much Equity You Have? #sellyourhouse #realestatetips #affordability #realtorhanoverpa

#realestateadvice #housingmarketupdate #keepingcurrentmatters #realtorhanoverpa

Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. 1. Mortgage Rates Despite the recent volatility, rates are still lower than they were last fall when they reached nearly 8%. On top of that, most experts still think they’ll come down some over the course of the year. Any drop in rates can make a difference for you. When rates go down, you can afford the home you really want more easily because your... #realestatenews #realestateagent #realtorhanoverpa

#expertanswers #realestateagent #keepingcurrentmatters #realtorhanoverpa

According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know. A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait version. As Jay Thompson, a Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or... #realestatenews #realestateagent #realtorhanoverpa

#realestateagent #expertanswers #keepingcurrentmatters #realtorhanoverpa

You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home. How Equity Changes the Game If you rent, your monthly rental payments only go toward covering your housing costs and your landlord’s expenses. So other than saving a bit more per month and maybe getting your rental deposit back when you move, the money you spent on housing each month is gone – forever. When you buy, your monthly mortgage payment pays for your shelter, but it also acts as an investment. That investment grows in the form of equity as you make your mortgage payment each... #firsttimehomebuyer #opportunity #realtorhanoverpa

2024 Housing Market Mythbusting #realestatetips #realestateadvice #realestateexperts #realtorhanoverpa

#retirement #downsizing #keepingcurrentmatters #realtorhanoverpa

If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move will be hesitant to take on a higher mortgage rate for their next home. So, they decide to wait it out and put their plans on hold. But when rates start to come down, things change. It... #housingmarket #sellyourhouse #realtorhanoverpa