by The Peggy Patenaude Team | Aug 15, 2023 | Housing Market Updates, Move-Up Buyers, Seller, Selling Myths
If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to...
by The Peggy Patenaude Team | Aug 7, 2023 | Buyer, Buying Myths, First Time Home Buyers, Foreclosures, Move-Up Buyers
If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than...
by The Peggy Patenaude Team | Jun 29, 2023 | Buyer, Move-Up Buyers
Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly...
by The Peggy Patenaude Team | Jun 22, 2023 | Buyer, First Time Home Buyers, Move-Up Buyers
If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a...
by The Peggy Patenaude Team | Jun 19, 2023 | Buyer, Down payments, First Time Home Buyers, Move-Up Buyers
If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for...
by The Peggy Patenaude Team | Jun 14, 2023 | Buyer, Housing Market Updates, Move-Up Buyers, Pricing, Seller
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how...