Why Waiting to Buy a Home Could Cost You a Small Fortune

Santa Fe Home

Many people are sitting on the fence trying to decide if now’s the time to buy a home. Some are renters who have a strong desire to become homeowners but are unsure if buying right now makes sense. Others may be homeowners who are realizing that their current home no longer fits their changing needs. To …

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Is Home Price Appreciation Accelerating Again?

At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that …

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93% of Americans Believe a Home Is a Better Investment Than Stocks

A recent Survey of Consumer Finances study released by the Federal Reserve reveals the net worth of homeowners is forty times greater than that of renters. If you’re wondering if homeownership is a good investment, the study clearly answers that question, and the answer is yes. Do Americans believe a home is a better investment than stocks? In a post …

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2021 Real Estate Myth Busters

Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths about the 2021 housing market. With these busted myths in hand, be sure to also …

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6 Simple Graphs Proving This Is Nothing Like Last Time

Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020 was so strong that many now fear the market’s exuberance mirrors …

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6 VIRTUAL EXPERIENCES THAT BRING THE BEST OF SANTA FE TO YOU

ByThe Santa Fe Travel Insideron Feb. 09, 2021 Note: This blog was written by author Jacqueline Kehoe  for Matador Network in paid partnership with TOURISM Santa Fe. Most aspects of our world have been moving toward the digital for a while now — the current pandemic only accelerated the trend. But what about travel? What will travel look like in this …

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The Reason Mortgage Rates Are Projected to Increase and What it Means for You

We’re currently experiencing historically low mortgage rates. Over the last fifty years, the average on a Freddie Mac 30-year fixed-rate mortgage has been 7.76%. Today, that rate is 2.81%. Flocks of homebuyers have been taking advantage of these remarkably low rates over the last twelve months. However, there’s no guarantee rates will remain this low much longer. Whenever we try …

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A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates

By Margaret Heidenry | Feb 26, 2021 With tax season upon us, it seems like a good time to check what homeowners pay in property taxes—and a new survey confirms that where you live makes a huge difference in how much you’ll have to cough up. According to researchers at WalletHub, which analyzed tax data on all 50 states and …

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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 take into consideration monthly housing costs, tax advantages, and …

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