Realty Access Blog

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

7/28/2022

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 the past four months as rising mortgage rates help slow the frenzy the housing market saw during the pandemic.Lawrence Yun, Chief Economist at the National Association of...

Why Pre-Approval is a Game Changer for Homebuyers

7/19/2022

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 market?The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways.To better understand why,...

Should I Rent or Should I Buyer?

7/16/2022

It’s worth considering the many benefits of homeownership before you make the decision to rent or buy a home.When you buy, you can stabilize your housing costs, own a tangible asset, and grow your net worth as you gain equity. When you rent, you face rising housing costs, won’t see a return on your investment, and limit your ability to save.If you want to learn more about the benefits of...

Housing Experts Say This Isn't a Bubble

7/15/2022

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 on the experts for reliable information.Here's why economists and industry experts say the housing market is not a bubble ready to pop.Today Is Nothing Like 2008The 2008 housing...

A Key Opportunity for Homebuyers

7/6/2022

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 of bidding wars. But those two things have reached a turning point.As you may have already heard, the number of homes for sale has increased...