Today, 17% of homebuyers are choosing multi-generational homes — that’s when you buy a house with your parents, adult children, or even distant relatives. What makes that noteworthy is that 17% is actually the highest level ever recorded by the National Association of Realtors (NAR). But what’s driving the recent rise in multi-generational living?
There’s one essential step in the homebuying process you may not know a whole lot about and that’s pre-approval. Here’s a rundown of what it is and why it’s so important right now.
Your credit score plays a big role in the homebuying process. It’s one of the key factors lenders look at to determine which loan options you qualify for and what your terms might be. But there’s a myth about credit scores that may be holding some buyers back.
According to Fannie Mae, only 32% of potential homebuyers have a good idea of what credit score lenders actually require.
Ready to embrace Dry January while soaking in the vibrant charm of the Roanoke Region in Virginia’s
Kick off 2025 with fun events happening in the Roanoke Region in Virginia’s Blue Ridge Mountains.
Wondering what’s in store for the housing market this year? And more specifically, what it all means for you if you plan to buy or sell a home? The best way to get that information is to lean on the pros.
Experts are constantly updating and revising their forecasts, so here’s the latest on two of the biggest factors expected to shape the year ahead: mortgage rates and home prices.
As the population gets older, a growing number of adult children are deciding to have an elderly parent move in with them. This allows family members of multiple generations to spend time together regularly, which has physical and mental health benefits for older adults. A multigenerational living arrangement also costs significantly less than assisted living or nursing home care. If you’re thinking about creating an in-law apartment for your parents, here are some tips on how to make it safe.
Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on record amounts of it.
Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?”
When you sell your house, ideally, you want it to go something like this: your house sells for top dollar, you get it sold quickly, and it all goes down without a hitch.
In today’s digital age, it’s tempting to rely on automated tools for everything — including figuring out how much your house is worth. But be careful. The automated estimates you’re seeing online often miss key details that affect the true market value of your home.
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