Chris & Heather Cooper's Blog

What Buyers Need To Know About the Inventory of Homes Available

What Buyers Need To Know About the Inventory of Homes Available for Sale   If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market. If...

What Homeowners Want To Know About Selling in Today's Market

What Homeowners Want To Know About Selling in Today’s Market   If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic,...

Mortgage Rates Will Come Down, It's Just a Matter of Time

Mortgage Rates Will Come Down, It’s Just a Matter of Time   This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to...

Top Questions About Selling Your Home This Winter

Top Questions About Selling Your Home This Winter   There’s no denying the housing market is undergoing a shift this season, and that may leave you with some questions about whether it still makes sense to sell your house. Here are three of the top questions you may be asking...

Home Equity: A Source of Strength for Homeowners Today

Home Equity: A Source of Strength for Homeowners Today   Experts agree there’s no chance of a large-scale foreclosure crisis like we saw back in 2008, and that’s good news for the housing market. As Mark Fleming, Chief Economist at First American, says: “....

VA Loans Can Help Veterans Achieve Their Dream of Homeownership

VA Loans Can Help Veterans Achieve Their Dream of Homeownership   For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this...

Sell Your House Before the Holidays

Sell Your House Before the Holidays   As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of...

3 Trends That Are Good News for Today's Homebuyers

3 Trends That Are Good News for Today’s Homebuyers   While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of...

Taking the Fear out of Saving for a Home

Taking the Fear out of Saving for a Home   If you’re planning to buy a home, knowing what to budget for and how to save may sound scary at first. But it doesn’t have to be. One way to take the fear out of budgeting is understanding some of the costs you might encounter. ...

3 Graphs Showing Why Today's Housing Market Isn't Like 2008

3 Graphs Showing Why Today’s Housing Market Isn’t Like 2008   With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think...

What Happens to Housing When There's a Recession?

What Happens to Housing when There’s a Recession?   Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around whether we’re officially in a recession right now, the good news...

Pre-Approval Is a Critical First Step on Your Home Buying Journey

Pre-Approval Is a Critical First Step on Your Homebuying Journey   If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were...

What's Ahead for Home Prices

What’s Ahead for Home Prices?   As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions...

Should You Still Buy a Home with the Latest News About Inflation?

Should You Still Buy a Home with the Latest News About Inflation?   While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel...

The Emotional and Non-Financial Benefits of Homeownership

The Emotional and Non-financial Benefits of Homeownership   With higher mortgage rates, you might be wondering if now's the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to...

Four Things That Help Determine Your Mortgage Rate

Four Things That Help Determine Your Mortgage Rate   If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates,...

What Are Experts Saying About the Fall Housing Market?

What Are Experts Saying About the Fall Housing Market?   The housing market is rapidly changing from the peak frenzy it saw over the past two years. That means you probably have questions about what your best move is if you’re thinking of buying or selling this...

Saving for a Down Payment? Here's What You Should Know.

Saving for a Down Payment? Here’s What You Should Know.   As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment...

The Cost of Waiting for Mortgage Rates To Go Down

The Cost of Waiting for Mortgage Rates To Go Down   Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed...

How To Prep Your House for Sale This Fall

How To Prep Your House for Sale This Fall   Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you need to do differently as a result. The answer is simple. Taking...

How an Expert Can Help You Understand Inflation & Mortgage Rates

How an Expert Can Help You Understand Inflation & Mortgage Rates   If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This...

The True Strength of Homeowners Today

The True Strength of Homeowners Today   The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are...

What Experts Say Will Happen with Home Prices Next Year

What Experts Say Will Happen with Home Prices Next Year   Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate,...

Watching the Stock Market? Check the Value of Your Home for Good News

Watching the Stock Market? Check the Value of Your Home for Good News.   While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got...

Buyers Are Regaining Some of Their Negotiation Power in Today's Market

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market   If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And...

Will My House Still Sell in Today's Market?

Will My House Still Sell in Today’s Market?   If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just...

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

Getting Your House Ready To Sell? Work with an Agent for Expert Advice   In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional...

Should I Sell My House This Year?

Should I Sell My House This Year?   There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the...

Expert Forecasts on Mortgage Rates

Expert Forecasts on Mortgage Rates   If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market...

How Owning a Home Builds Your Net Worth

How Owning a Home Builds Your Net Worth   Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between...

New Homes May Have the Incentives You're Looking for Today

New Homes May Have the Incentives You’re Looking for Today   According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be...

Buyers: You May Face Less Competition as Bidding Wars Ease

Buyers: You May Face Less Competition as Bidding Wars Ease   One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became...

Why You May Want to Start Your Home Search Today

Why You May Want To Start Your Home Search Today   If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to...

What Sellers Need To Know in Today's Housing Market

What Sellers Need To Know in Today’s Housing Market   If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two...

3 Tips for Buying a Home Today

3 Tips for Buying a Home Today   If you put off your home search at any point over the past two years, you may want to consider picking it back up based on today’s housing market conditions. Recent data shows the supply of homes for sale is increasing, giving buyers like...

Planning to Retire? Your Equity Can Help You Reach Your Goal.

Planning To Retire? Your Equity Can Help You Reach Your Goal.   Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement...

Experts Increase 2022 Home Price Projections

Experts Increase 2022 Home Price Projections   If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will...

What Would a Recession Mean for the Housing Market?

What Would a Recession Mean for the Housing Market?   According to a recent survey from the Wall Street Journal, the percentage of economists who believe we’ll see a recession in the next 12 months is growing. When surveyed in July 2021, only 12% of economists consulted...

The Homeownership Rate Is Growing

The U.S. Homeownership Rate Is Growing   The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data...

Selling Your House? Your Asking Price Matters More Now Than Ever

Selling Your House? Your Asking Price Matters More Now Than Ever   There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home...

Why the Forbearance Program Changed the Housing Market

Why the Forbearance Program Changed the Housing Market   When the pandemic hit in 2020, many experts thought the housing market would crash. They feared job loss and economic uncertainty would lead to a wave of foreclosures similar to when the housing bubble burst over a decade...

Why It's Still a Seller's Market

Why It’s Still a Sellers’ Market   As there’s more and more talk about the real estate market cooling off from the peak frenzy it saw during the pandemic, you may be questioning what that means for your plans to sell your house. If you’re thinking of...

Buying a Home May Make More Financial Sense Than Renting One

Buying a Home May Make More Financial Sense Than Renting One   If rising home prices leave you wondering if it makes more sense to rent or buy a home in today’s housing market, consider this. It’s not just home prices that have risen in recent years –...

Why Are People Moving Today?

Why Are People Moving Today?   Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and...

A Real Estate Professional Helps You Separate Fact From Fiction

A Real Estate Professional Helps You Separate Fact from Fiction   If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be...

Want to Buy a Home? Now May Be the Time.

Want To Buy a Home? Now May Be the Time.   There are more homes for sale today than at any time last year. So, if you tried to buy a home last year and were outbid or out priced, now may be your opportunity. The number of homes for sale in the U.S. has been growing over...

A Window of Opportunity for Homebuyers

A Window of Opportunity for Homebuyers   Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand...

What's Causing Ongoing Home Price Appreciation?

What’s Causing Ongoing Home Price Appreciation?   If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting...

Think Home Prices Are Going to Fall? Think Again.

Think Home Prices Are Going To Fall? Think Again   Over the last two years, the rate of home prices appreciated at a dramatic pace. While that led to incredible equity gains for homeowners, it’s also caused some buyers to wonder if home prices will fall. It’s important...

Why Pre-Approval Is a Game Changer for Homebuyers

Why Pre-Approval Is a Game Changer for Homebuyers   If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting...

Wondering Where You'll Move if You Sell Your House Today?

Wondering Where You’ll Move if You Sell Your House Today?   If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market...

Housing Experts Say This Isn't a Bubble

Housing Experts Say This Isn’t a Bubble   With so much talk about an economic slowdown, some people are asking if the housing market is heading for a crash like the one in 2008. To really understand what's happening with real estate today, it's important to lean...

Should I Buy a Home Right Now?

Should I Buy a Home Right Now?   If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help...

What Does an Economic Slowdown Mean for the Housing Market?

What Does an Economic Slowdown Mean for the Housing Market?   According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation....

Homeownership Could Be in Reach with Down Payment Assistance Programs

Homeownership Could Be in Reach with Down Payment Assistance Programs   A recent survey from Bankrate asks prospective buyers to identify the biggest obstacles in their homebuying journey. It found that 36% of those polled said saving for a down payment is one of their...

A Key Opportunity for Homebuyers

A Key Opportunity for Homebuyers   There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency...

Homeownership Is a Great Hedge Against the Impact of Rising Inflation

Homeownership Is a Great Hedge Against the Impact of Rising Inflation   If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB): “Consumer...

Things to Avoid After Applying for a Home Loan

Things To Avoid After Applying for a Home Loan   Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here...

The Average Homeowner Gained $64K in Equity Over the Past Year

The Average Homeowner Gained $64K in Equity over the Past Year   If you own a home, your net worth likely just got a big boost thanks to rising home equity. Equity is the current value of your home minus what you owe on the loan. And today, based on recent home price appreciation,...

Home Price Deceleration Doesn't Mean Home Price Depreciation

Home Price Deceleration Doesn’t Mean Home Price Depreciation   Experts in the real estate industry use a number of terms when they talk about what's happening with home prices. And some of those words sound a bit similar but mean very different things. To help clarify what's...

A Majority of Consumers Say It's a Good Time To Sell Your House

A Majority of Consumers Say It’s a Good Time To Sell Your House   If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing...

Is the Housing Market Correcting?

Is the Housing Market Correcting?   If you're following the news, all of the headlines about conditions in the current housing market may leave you with more questions than answers. Is the boom over? Is the market crashing or correcting? Here’s what you need...

More Americans Choose Real Estate as the Best Investment

More Americans Choose Real Estate as the Best Investment Than Ever Before   Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for...

Luxury Homes Are in High Demand

Luxury Homes Are in High Demand   As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home isn’t only...

What Are the Best Options for Today's First-Time Homebuyers?

What Are the Best Options for Today’s First-Time Homebuyers?   If you’re looking to buy your first home, you’re likely balancing several factors. Because both mortgage rates and home prices have risen this year, it costs more to buy a home than it did...

Why the Growing Number of Homes for Sale is Good for Your Move Up

Why the Growing Number of Homes for Sale Is Good for Your Move Up   Are you thinking about selling your current home? If so, the biggest question on your mind may be: if I sell now, where will I go? If this resonates with you, there’s something you should know. The number...

Why You Need an Expert To Determine the Right Price for Your House

Why You Need an Expert To Determine the Right Price for Your House   If your lifestyle has changed recently and you’re ready to make a move, taking advantage of today’s sellers’ market might be just the answer for your summer plans. With homes continuing...

How Homeownership Impacts You

How Homeownership Impacts You   June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment,...

Why Home Loans Today Aren't What They Were in the Past

Why Home Loans Today Aren’t What They Were in the Past   In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several...

What Does the Rest of the Year Hold for the Housing Market?

What Does the Rest of the Year Hold for the Housing Market?   If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does...

Home Buying and/or Selling Benefits the Economy and Your Community

How Buying or Selling a Home Benefits the Economy and Your Community   If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community...

The One Thing Every Homeowner Needs to Know About a Recession

The One Thing Every Homeowner Needs To Know About a Recession   A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown...

How Homeownership Can Bring You Joy

How Homeownership Can Bring You Joy   If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but...

Why Rising Mortgage Rates Push Buyers Off the Fence

Why Rising Mortgage Rates Push Buyers off the Fence   If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this...

Homeowners Have Incredible Leverage When They Sell Today

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today   In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of...

How Many Actual Foreclosures Are On the Market Today?

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market   While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the...

Are There More Homes Coming to the Market?

Are There More Homes Coming to the Market?   According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because...

Will Home Prices Fall This Year? Here's What Experts Say.

Will Home Prices Fall This Year? Here’s What Experts Say.   Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s...

How Today's Mortgage Rates Impact Your Home Purchase

How Today’s Mortgage Rates Impact Your Home Purchase   If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within...

Three Tips for First-Time Homebuyers

Three Tips for First-Time Homebuyers   Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you're looking to purchase your first home, you may be wondering what's...

Your House Could Be Closer to List-Ready Than You Think

Your House Could Be Closer to List-Ready Than You Think   One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready...

Things That Could Help You Win a Bidding War on a Home

Things That Could Help You Win a Bidding War on a Home   With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National...

Today's Home Price Appreciation Is Great News for Existing Homeowners

Today’s Home Price Appreciation Is Great News for Existing Homeowners   If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply...

What You Need To Know About Selling in a Seller's Market

What You Need To Know About Selling in a Sellers’ Market   Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are...

The Dream of Homeownership Is Worth the Effort

The Dream of Homeownership Is Worth the Effort   If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end....

How Homeownership Can Help Shield You From Inflation

How Homeownership Can Help Shield You from Inflation   If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer...

Is it Enough To Offer Asking Price in Today's Housing Market?

Is It Enough To Offer Asking Price in Today’s Housing Market?   If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine...

Why This Housing Market Is Not a Bubble Ready To Pop

Why This Housing Market Is Not a Bubble Ready To Pop   Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior...

Why Pre-Approval Is an Important Step for Today's Homebuyers

Why Pre-Approval Is an Important Step for Today’s Homebuyers   Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how...

Is It Time To Buy a Smaller Home?

Is It Time To Buy a Smaller Home?   Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking...

Where Are Mortgage Rates Headed?

Where Are Mortgage Rates Headed?   There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don't ever...

Why a Real Estate Professional Is Key When Selling Your House

Why a Real Estate Professional Is Key When Selling Your House   With today’s real estate market moving as fast as it is, working with a real estate professional is more essential than ever. They have the skills, experience, and expertise it takes to navigate the highly detailed...

Using Your Tax Refund To Achieve Your Homeownership Goals This Year

Using Your Tax Refund To Achieve Your Homeownership Goals This Year   If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down payment and closing costs. And for sellers,...

Remote Work Trends Mean Flexibility for First-Time Homebuyers

Remote Work Trends Mean Flexibility for First-Time Homebuyers   Today's low inventory can be challenging for homebuyers, especially if you’re looking to purchase your first home. But if you're one of many people who work remotely, you may have a great opportunity...

The Future of Home Price Appreciation and What it Means for You

The Future of Home Price Appreciation and What It Means for You   Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will lead to a situation similar to the housing crash 15 years...

What You Need to Budget for When Buying a Home

What You Need To Budget for When Buying a Home   When it comes to buying a home, it can feel a bit intimidating to know how much you need to save and where to find that information. But you should know, you’re not expected to have all the answers yourself. There are many trusted...

Balancing Your Wants and Needs as a Homebuyer Today

Balancing Your Wants and Needs as a Homebuyer Today   Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses,...

The Best Week To List Your House is Just Around the Corner

The Best Week To List Your House Is Just Around the Corner   Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts...

Did Your Dream Home Just Come on the Market?

Did Your Dream Home Just Come on the Market?   For the first time in a long time, the number of newly listed homes is beginning to rise. In their latest monthly release, realtor.com reveals the number of existing homes entering the market has increased for two months in a...

Don't Get Caught Off Guard by Closing Costs

Don’t Get Caught Off Guard by Closing Costs   As a homebuyer, it’s important to plan and budget for the expenses you’ll encounter when you purchase a home. While most people understand the need to save for a down payment, a recent survey found 41% of homebuyers...

Key Factors That Impact Affordability Today

Key Factors That Impact Affordability Today   You can’t read an article about residential real estate without the author mentioning the affordability challenges that today’s buyers face. There’s no doubt homes are less affordable today than they were over the last two years,...

Why It's Critical to Price Your House Right

Why It’s Critical To Price Your House Right   When you make a move, you want to sell your house for the highest price possible. That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and...

Are Home Prices Continuing to Rise?

Are Home Prices Continuing To Rise?   Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened. The major price indices are all revealing ongoing double-digit price appreciation....

Down Payment Assistance Programs Can Help You Achieve Homeownership

Down Payment Assistance Programs Can Help You Achieve Homeownership   For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market. That’s why, when asked what they find most difficult in the homebuying process, some buyers say...

An Expert Advisor Will Give You the Best Advice in Today's Market

An Expert Advisor Will Give You the Best Advice in Today’s Market   Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal. As a result, an expert real estate...

Millennials: Do You Need a Home with More Space?

Millennials: Do You Need a Home with More Space?   If you’re a millennial, homebuying might be top of mind for you. Your generation is the largest group of homebuyers in the market today and has been since 2014, according to the National Association of Realtors (NAR). And...

The #1 Reason To Sell Your House Today

The #1 Reason To Sell Your House Today   Almost every industry is currently struggling with supply chain disruptions. This also applies to the current U.S. housing market, where buyer demand far exceeds housing supply. Purchaser demand is very strong right now. The National Association...

How Supply and Demand Can Impact Your Buying and Selling Goals

How Supply and Demand Can Impact Your Buying and Selling Goals   In today’s housing market, there are far more buyers looking for homes than sellers listing their houses. Based on the concept of supply and demand, this means home prices will naturally rise. Why is that? When there...

The Perks of Owning More Than One Home

The Perks of Owning More Than One Home   Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more than one home. According to the recent Luxury Market Report from Luxury Home Marketing: “As...

Real Estate Voted the Best Investment Eight Years in a Row

Real Estate Voted the Best Investment Eight Years in a Row   In an annual Gallup poll, Americans chose real estate as the best long-term investment. And it’s not the first time it’s topped the list, either. Real estate has been on a winning streak for the past eight...

4 Simple Graphs Showing Why This Is Not a Housing Bubble

4 Simple Graphs Showing Why This Is Not a Housing Bubble   A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this...

What Every Seller Needs To Know About Renovating This Year

What Every Seller Needs To Know About Renovating This Year   If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional...

Are You Ready To Fall in Love with Homeownership?

Are You Ready To Fall in Love with Homeownership?   Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes. When you own...

Want Top Dollar for Your House? Now's the Time to List it.

Want Top Dollar for Your House? Now’s the Time To List It.   When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is...

Don't Let Student Loans Delay Your Homeownership Dreams

Don’t Let Student Loans Delay Your Homeownership Dreams   If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or...

Consumers Agree: It's a Good Time To Sell

Consumers Agree: It’s a Good Time To Sell   In today’s sellers’ market, many homeowners are weighing their options and trying to decide if they should sell their house. If you’re in that group, you may be balancing things like the ongoing health crisis, rising mortgage...

Owning is More Affordable than Renting in the Majority of the Country

Owning Is More Affordable than Renting in the Majority of the Country   If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According...

Why Right Now is a Once-in-a-Lifetime Opportunity for Sellers

Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers   If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited...

The Next Generation of Homebuyers Is Here

The Next Generation of Homebuyers Is Here   Many members of Generation Z (Gen Z) are aging into adulthood and deciding whether to rent or buy a home. If you find yourself in this group, it’s important to understand you’re never too young to start thinking about homeownership....

Why Pre-Approval Is Key for Homebuyers in 2022

Why Pre-Approval Is Key for Homebuyers in 2022   You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market,...

Buyer's Want to Know: Why is Housing Supply Still So Low?

Buyers Want To Know: Why Is Housing Supply Still So Low?   One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for...

Seller: Don't Wait Until Spring to Make Your Move

Sellers: Don’t Wait Until Spring To Make Your Move   As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move? You want to time it just right so you can get the most out of the sale of your current house....

What's Going to Happen with Home Prices This Year?

What’s Going To Happen with Home Prices This Year?   After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates...

Two Ways Homebuyers Can Win in Today's Market

Two Ways Homebuyers Can Win in Today’s Market   If your goal is to purchase a home this year, you might be looking for any advantage you can get in today’s sellers’ market. While competition is still fierce for homebuyers, there are ways you can win and secure the home...

Why Inflation Shouldn't Stop You from Buying a Home in 2022

Why Inflation Shouldn’t Stop You from Buying a Home in 2022   If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more. And if you’re thinking about purchasing...

Real Estate Professionals Are Experts at Keeping You Safe When You Sel

Real Estate Professionals Are Experts at Keeping You Safe When You Sell   If you’re on the fence about whether or not you want to sell your house this year, there’s good news. For nearly two years, real estate professionals have worked tirelessly to ensure the safety of buyers and sellers during...

Why Waiting To Sell Your House Could Cost You a Small Fortune

Why Waiting To Sell Your House Could Cost You a Small Fortune   Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s...

Homebuyers: Be Ready to Act This Winter

Homebuyers: Be Ready To Act This Winter   To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.com, says there are two factors every...

Will Home Prices Decline in 2022?

What Everyone Wants To Know: Will Home Prices Decline in 2022?   If you’re thinking of buying a home in today’s housing market, you may be wondering how strong your investment will be. You might be asking yourself: if I buy a home now, will it lose value? Or will it continue...

Advice for First-Generation Homebuyers

Advice for First-Generation Homebuyers   The sense of pride you’ll feel when you purchase a home can’t be overstated. For first-generation homebuyers, that feeling of accomplishment is even greater. That’s because the pride of homeownership for first-generation buyers extends...

If You Think the Housing Market Will Slow This Winter, Think Again.

If You Think the Housing Market Will Slow This Winter, Think Again.   From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers...

Two Reasons Why Waiting a Year to Buy Could Cost You

Two Reasons Why Waiting To Buy a Home Will Cost You   If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to...

Why It Just Became Much Easier To Buy a Home

Why It Just Became Much Easier To Buy a Home   Since the pandemic began, Americans have reevaluated the meaning of the word home. That’s led some renters to realize the many benefits of homeownership, including the feelings of security and stability and the financial...

Win When You Sell (And When You Move)

Win When You Sell (And When You Move)   If you’re trying to decide when to sell your house, there may not be a better time than this winter. Selling this season means you can take advantage of today’s strong sellers’ market when you make a move. Win...

Tips for Single Homebuyers: How to Make Your Dream a Reality

Tips for Single Homebuyers: How To Make Your Dream a Reality   If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right team of experts. Research from Freddie Mac shows 28%...

How to Think Strategically as a Buyer in Today's Market

How To Think Strategically as a Buyer in Today’s Market   The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game. The homebuying...

Home is Where the Heart is More than Ever This Year

Home Is Where the Heart Is More than Ever This Year   There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger...

Don't Believe Everything You Read: The Truth Many Headlines Overlook

Don’t Believe Everything You Read: The Truth Many Headlines Overlook   There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty,...

What's Happening With Home Prices?

What’s Happening with Home Prices?   Many people have questions about home prices right now. How much have prices risen over the past 12 months? What’s happening with home values right now? What’s projected for next year? Here’s a look at the answers to...

Knowledge is Power When it Comes to Appraisals and Inspections

Knowledge Is Power When It Comes to Appraisals and Inspections   Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing supply are driving intense competition...

Waiting for a Lower Mortgage Rate Could Cost You

Don’t Wait for a Lower Mortgage Rate – It Could Cost You   Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year,...

What Do Past Years Tell Us About Today's Real Estate Market?

What Do Past Years Tell Us About Today’s Real Estate Market?   As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms...

What Does the Future Hold for Home Prices?

What Does the Future Hold for Home Prices?   If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will...

What Do Past Years Tell Us About Today's Real Estate Market?

What Do Past Years Tell Us About Today’s Real Estate Market?   As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms...

4 Tips To Prep for Your Home Sale This Fall

4 Tips To Prep for Your Home Sale This Fall   Even in a hot sellers’ market like today’s in which homes are selling so quickly, it’s still important to make a good first impression on potential buyers. Taking the time upfront to prep your house appropriately can...

As Home Equity Rises, So Does Your Wealth

As Home Equity Rises, So Does Your Wealth   Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially....

Don't Tackle Selling Your Home on Your Own-an Agent Can Help

Don’t Tackle Selling Your Home on Your Own – an Agent Can Help   If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your...

Early October is the Sweet Spot for Buyers

Early October is the Sweet Spot for Buyers   Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about...

Two Reasons Why Waiting a Year to Buy Could Cost You

Two Reasons Why Waiting a Year To Buy Could Cost You   If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To...

Is a 20% Down Payment Really Necessary to Purchase a Home?

Is a 20% Down Payment Really Necessary To Purchase a Home?   There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from...

Remote Work is Here to Stay. Can Your Home Deliver the Space You Need?

Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?   A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took...

Is It Time To Move on to a New Home?

Is It Time To Move on to a New Home?   If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008,...

Is the Number of Homes for Sale Finally Growing?

Is the Number of Homes for Sale Finally Growing?   An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve...

5 Tips for Making Your Best Offer

5 Tips for Making Your Best Offer   In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll...

Home Price Appreciation is Skyrocketing in 2021. What about 2022?

Home Price Appreciation Is Skyrocketing in 2021. What About 2022?   One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing...

Hope is on the Horizon for Today's Housing Shortage

Hope Is on the Horizon for Today’s Housing Shortage   The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply...

6 Reasons to Celebrate National Homeownership Month

6 Reasons to Celebrate National Homeownership Month   Our homes are so much more than the houses we live in. For many, they’ve also become our workplaces, schools for our children, and safe harbors in which we’ve weathered the toughest moments of a global pandemic. Today, 65.6% of...

May 2021 Market Report

Welcome to your Monthly Market sCoop for May! We hope you enjoy this inside sCOOP from the Cooper Home Team and find it helpful for understanding the current market and making informed real estate decisions. As always, it is our pleasure to serve you! Please contact us so we can help you "Love the...

Are Interest Rates Expected to Rise Over the Next Year?

Are Interest Rates Expected to Rise Over the Next Year?   So far this year, mortgage rates continue to hover around 3%, encouraging many hopeful homebuyers to enter the housing market. However, there’s a good chance rates will increase later this year and going into 2022, ultimately...

4 Big Incentives for Homeowners to Sell Now

4 Big Incentives for Homeowners to Sell Now   The housing market keeps sailing along. The only headwind that could take it off course is the lack of inventory for sale. The National Association of Realtors (NAR) reports that there were 410,000 fewer single-family homes...

4 Tips to Maximize the Sale of Your House

4 Tips to Maximize the Sale of Your House   Homeowners ready to make a move are definitely in a great position to sell today. Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling...

April 2021 Real Estate Market sCoop!

Welcome to your Monthly Market sCoop for April! We hope you enjoy this inside sCOOP from the Cooper Home Team and find it helpful for understanding the current market and making informed real estate decisions.  BOTTOM LINE- The Real Estate Market continues to be healthy as we head through Spring!...

Buyer & Seller Perks in Today’s Housing Market

Buyer & Seller Perks in Today’s Housing Market   Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring,...

Where Have All the Houses Gone?

Where Have All the Houses Gone?   In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that more buyers...

Millennials: Is it Time to Buy a Bigger Home?

Millennials: Is It Time to Buy a Bigger Home?   In today’s housing market, all eyes are on millennials. Not only are millennials the largest generation, but they’re also currently between 25 and 40 years old. These are often considered prime homebuying years when many people...

47% of New Buyers Surprised by How Affordable Homes Are Today

47% of New Buyers Surprised by How Affordable Homes Are Today   Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning...

The Luxury Market Is Attracting Buyers in 2021

The Luxury Market Is Attracting Buyers in 2021   As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM)...

Do I Really Need a 20% Down Payment to Buy a Home?

Do I Really Need a 20% Down Payment to Buy a Home?   Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want...

Want to Build Wealth? Buy a Home This Year.

Want to Build Wealth? Buy a Home This Year.   Every year, households across the country make the decision to rent for another year or take the leap into homeownership. They look at their earnings and savings and then decide what makes the most financial sense. That equation will most likely...

What's the Difference between an Appraisal and a Home Inspection?

What’s the Difference between an Appraisal and a Home Inspection?   If you’re planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases,...

What Record-Low Housing Inventory Means for You

What Record-Low Housing Inventory Means for You   The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry,...

Why Moving May Be Just the Boost You Need

Why Moving May Be Just the Boost You Need   As we look back over the past year, we’ve certainly lived through one of the most stressful periods in recent history. After spending so much more time at home throughout the health crisis, some are wondering if they should move to improve...

How to Make the Dream of Homeownership a Reality This Year

How to Make the Dream of Homeownership a Reality This Year   In 1963, Martin Luther King, Jr. inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting...

The Importance of Home Equity in Building Wealth

The Importance of Home Equity in Building Wealth   Homeownership has always been the first rung on the ladder leading to household wealth. As Freddie Mac recently posted: “Homeownership has cemented its role as part of the American Dream, providing families with...

3 Must-Do's When Selling Your House This Year

3 Must-Do’s When Selling Your House This Year   It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving...

5 Tips for Homebuyers Who Want to Make a Competitive Offer

5 Tips for Homebuyers Who Want to Make a Competitive Offer   Today’s real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making...

Key Terms to Know in the Homebuying Process 

Key Terms to Know in the Homebuying Process    Some Highlights Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll...

Tips to Sell Your House Safely

Tips to Sell Your House Safely Right Now [INFOGRAPHIC]   Some Highlights Your agent now has over 6 months of experience selling houses during the pandemic and can make the process easier and safer for you today. COVID-19 protocols and technology usage recommendations from the National...

Rent vs. Buy: How to Decide What’s Best for You

Rent vs. Buy: How to Decide What’s Best for You   According to the U.S. Census Bureau, median rent continues to rise. With today’s low mortgage rates, there’s great opportunity for current renters to make a move into homeownership that stretches...

Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis

Why the 2021 Forecast Doesn’t Call for a Foreclosure Crisis   As the current forbearance mortgage relief options come to an end, many are wondering if we’ll face a foreclosure crisis next year. This is understandable, especially for those who remember the housing crisis...

4 Reasons Why the Election Won’t Dampen the Housing Market

4 Reasons Why the Election Won’t Dampen the Housing Market   Tomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life in this country, but the residential real estate market will not be one of them. Analysts...