5 of the Most Common Mistakes Sellers Make

If you’re thinking about selling your home, chances are you’ve already asked yourself the big question:

“What’s it worth?”

But here’s a better one:
“What will it actually sell for?”

It’s easy to assume the sale price depends on your home’s condition or what other houses in the neighborhood sold for. But in reality, the decisions you make before the sign goes in the yard can have the biggest impact.

According to recent research from Zillow, many sellers are still getting some of the basics wrong—and it’s costing them thousands.

Here are five of the most common mistakes, and what you can do instead.

1. Spending Money on the Wrong Things

We all want our home to look its best. But many sellers focus on expensive updates that don’t always pay off—like adding square footage or gutting the kitchen.

The truth? Simple improvements like fresh paint, new lighting, and clean landscaping usually make a bigger difference.

These upgrades cost less, take less time, and help your home shine in listing photos.

Before you pick up a hammer or hire a contractor, talk with your real estate agent. They’ll help you focus on the updates that matter most in your market.

2. Ignoring Online First Impressions

Yes, curb appeal still matters—but screen appeal matters more.

Most buyers today start their home search online. They’re scrolling through photos and videos, and making snap judgments in seconds. If your home doesn’t look great on a phone screen, you may never get a showing.

Yet, many sellers still think the front yard is the first impression.

Instead, invest in a professional media package:

• High-resolution images

• Wide-angle photos

• Virtual tours

• Floor plans

This is how you grab attention—and stand out from the crowd.

3. Choosing an Agent Without Doing Research

Selling a home is a huge financial decision. But believe it or not, 1 in 4 homeowners hires an agent without reading reviews, checking past sales, or even interviewing more than one person.

That’s like choosing a doctor without asking any questions.

Take the time to find an agent who:

• Knows your local market

• Has strong marketing tools

• Communicates honestly

• Cares about your goals, not just their commission

This isn’t just a business decision—it’s a partnership.

4. Highlighting the Wrong Features

Sellers often assume everyone wants an open floor plan. But homes with those layouts don’t always sell for more. In fact, Zillow found that listings with certain materials—like soapstone countertops, oak floors, or walnut cabinets—can sell for up to 3.5% more.

Buyers in your area may care more about natural details, light, and layout than square footage or open space.

A skilled agent can help you highlight the right features and write a listing that makes people care about what your home offers.

5. Trying to Hide Problems

Here’s a hard truth: hiding issues like water damage or pests almost always backfires.
Over half of sellers think it might help them sell faster—but in most cases, it does the opposite.

Inspections happen. Buyers talk. And if trust breaks down, deals fall apart.

More importantly, honesty honors God and helps you avoid future regrets.

When you’re honest about your home’s condition, your agent can help you set the right expectations and price.

Final Thoughts

Selling your home isn’t about luck or perfect timing. It’s about being prepared, making wise decisions, and presenting your home in the best light.

And even small shifts—like choosing a better paint color, improving your photos, or being upfront about issues—can have a big impact.

When you do it right, you can feel confident that you’ve honored God, cared for others, and made the most of the opportunity He’s given you.

Should we Rethink the 30% Rule?

For decades, homebuyers have been told one golden rule:

“Keep your housing costs under 30% of your income.”

It’s been treated like gospel—the benchmark for financial responsibility. A line that, if crossed, meant you were living beyond your means.

But here in 2025, that line feels more like a mirage.

According to recent data from Realtor.com®, the typical U.S. household would need to spend 44.6% of their income just to buy a median-priced home. In high-cost areas like Los Angeles, that number jumps to over 100%.

If you've run the numbers and thought, “This just doesn’t work anymore”—you're right. The old formulas don’t fit the reality we're living in.

But that doesn’t mean you’re out of options.
It just means it’s time to budget with wisdom, not fear—and to seek a more personal, prayerful path forward.

What the 30% Rule Got Right… and Where It Falls Short

That 30% guideline wasn’t handed down from Mount Sinai. It actually originated with a 1969 housing policy—the Brooke Amendment—which capped public housing rent at 25% of a tenant’s income. By the 1980s, it shifted to 30%, and financial advisors, mortgage lenders, and online tools began to adopt it as the standard.

And for a time, it served a purpose: it helped people avoid overcommitting and preserved space in the budget for savings, giving, emergencies, and everyday life.

But the rule didn’t—and still doesn’t—tell the whole story:

• It doesn’t reflect regional cost differences (a mortgage in Kansas City isn’t the same as one in San Jose).

• It ignores things like student loans, medical expenses, or childcare.

• It assumes steady interest rates, home prices, and incomes.

We know that real life is rarely that tidy. Which is why rigid rules need to give way to prayerful discernment and practical wisdom.

A Better Way to Budget for a Home in 2025

1. Begin With a Lifestyle-Based Budget

Instead of starting with a percentage, ask:

“What monthly payment allows me to live responsibly, give generously, and still enjoy the life God’s given me?”

Start by listing out your true expenses:

• Your current rent or mortgage

• Recurring bills (utilities, groceries, insurance, transportation)

• Debts or medical costs

• Giving, saving, and emergency fund goals

• Kids, travel, hobbies, or other lifestyle priorities

Your goal isn’t to hit a specific percentage.
It’s to find a number that reflects good stewardship—and gives you peace.

2. Know the Full Picture of Homeownership

Seeing a $425,000 home listed online is one thing. But the actual cost? That's a monthly puzzle made of many pieces:

• Mortgage principal and interest

• Property taxes

• Insurance (homeowners + possibly mortgage insurance)

• HOA fees (if applicable)

• Ongoing maintenance and utilities

A good lender can walk you through each line item—before you fall in love with a home.

3. Use 30% as a Caution Flag, Not a Hard Limit

If your housing budget sits a bit above 30%, it’s not a crisis—especially if you carry minimal debt and have savings set aside.

But if you're nearing 50% of your income for housing and juggling credit cards, loans, or a variable income, that’s a red flag. It’s time to pause and reassess—not out of fear, but with wisdom and patience.

4. Get Creative and Local

Affordability isn’t just about price—it’s about strategy.

Some practical ways to stretch your budget wisely:

• Expand your search area. A few miles could mean a few hundred dollars off your payment.

• Explore new construction. Builders may offer rate buydowns or incentives to lower your monthly cost.

• Ask about creative financing. Lenders and sellers are getting more flexible than they’ve been in years.

• Buy for now, not forever. The perfect home doesn’t have to be your permanent one.

The Bottom Line

The 30% rule may be outdated—but the heart behind it isn’t.

You still want a home that provides stability and freedom. One that doesn’t cause financial strain or compromise your ability to give, save, or rest.

God calls us to be wise stewards—not to chase cultural benchmarks, but to make decisions rooted in prayer, peace, and practical insight.

If you're navigating the numbers and wondering what’s possible, I’d love to walk with you.

Just reach out. We’ll take a real look at your situation—and find a path forward that honors your calling and your capacity.

5 Reasons Homebuyers Are Finally Catching a Break

Let’s be honest—buying a home hasn’t exactly been a walk in the park these past few years.

High prices, tough competition, and “maybe next time” bidding wars made it feel impossible.

But things are starting to change.

We’re not in a full buyer’s market yet, but inventory is growing, competition is cooling, and both sellers and builders are stepping up to win over serious buyers.

Here are 5 signs the market is shifting—and why it might be a smart time to start (or restart) your home search:

1️⃣ Sellers Are Offering Perks Again

Remember when sellers expected you to waive everything just to maybe get a house? That’s changing.

In early 2025, 44% of sellers offered concessions—things like paying closing costs, lowering mortgage rates, or giving cash for repairs (Redfin). That’s nearly a record high.

Why? There’s more competition for sellers, which means more power for buyers.

👉 Tip: If you’re thinking of making an offer, don’t be afraid to ask for help. You’ve got room to negotiate.

2️⃣ Down Payments Are Dropping 📉

For the first time in a couple years, down payments are shrinking.

Redfin says the average down payment fell by about 1% year over year, now sitting at 15% (roughly $62,468). More buyers are using FHA or VA loans with lower requirements, and many are choosing homes that better fit their budget.

👉 Good news for first-time buyers: homeownership just got a little more reachable.

3️⃣ Builders Are Slashing Prices 🔨

Looking at new homes? You might have more leverage than you think.

In June, 37% of builders reported price cuts—the highest since 2022. Another 62% are offering bonuses like interest rate buydowns or upgrades (NAHB).

With confidence down and inventory stacking up, builders are much more open to negotiating—especially if you’re ready to close.

4️⃣ More Homes = More Options 🏘️

Inventory is climbing again—for real this time.

Realtor.com reports over 1 million active listings, up 31.5% from last year. That’s the most we’ve seen since 2019.

More homes on the market means less competition, more choices, and better deals. The market’s not back to pre-2020 levels yet, but it’s moving in the right direction.

👉 If you’ve been waiting for more variety, it might already be here.

5️⃣ Investors Are Selling—Not Buying 💸

Investors used to snatch up homes fast, but now? They’re starting to sell.

In 2024, 10.8% of all homes sold were owned by investors—the highest ever tracked (Realtor.com). Rising costs and lower rent profits mean more investor-owned homes are hitting the market.

And many of these homes are in affordable price ranges, perfect for first-time buyers.

👉 Less competition from investors = more chances for everyday buyers to get in.

✅ Final Thoughts: This Could Be Your Moment

It’s not a perfect market—but for the first time in a long time, buyers have options.

If you put your home search on hold, this might be the right time to jump back in.

💬 Curious what’s happening in your neighborhood or price range? Let’s chat. I’ll give you a quick update and help you figure out if now’s the time to move forward.

“Hyper-Local” Market & 2025 Market Forecasts

Can you believe we’re already halfway through 2025?

As summer rolls in, a lot of buyers and sellers are wondering the same thing:
What’s coming next for the housing market?

No one has a crystal ball, but experts from places like Fannie Mae, Zillow, and the National Association of Realtors have shared their latest predictions. They’ve looked at everything—home prices, mortgage rates, sales, and when the market might fully bounce back.

🔑 Home Prices: Small Gains, But It Depends on Where You Live

Most experts agree that prices will go up a little—but how much depends on your location. Some areas might even see a dip.

Here’s what different sources are saying about 2025:

• Cotality: +4.3% (April 2025 to April 2026)

• Fannie Mae: +4.1%

• HPES (Home Price Expectations Survey): +3.3%

• NAR: +3% this year, +4% next year

• MBA: +1.3% this year, less than 1% in 2026

• Zillow: -1.4% (which is actually better than their last guess of -1.9%)

Overheated markets like Florida, Texas, Hawaii, and D.C. are seeing prices cool down.
On the flip side, more affordable spots in the Midwest and Northeast are holding steady, especially suburbs just outside big cities.

🏡 Home Sales: Gradual Growth

Sales are picking up slowly, and things are expected to keep improving through the rest of the year.

Here’s what the experts predict for 2025:

• NAR: +6% (with even more growth—+11%—in 2026)

• Fannie Mae: +4.4% (about 4.24 million sales)

• MBA: About 4.3 million

• Zillow: +1.4% (around 4.12 million homes)

More listings and slightly lower rates are giving people more options.

💸 Mortgage Rates: Still High, but Easing Slowly

If you're holding out for 5% rates… you might be waiting a while. But things are slowly heading in the right direction.

What they’re saying for the rest of 2025:

• MBA: 6.6% in late 2025, dropping to 6.3% in 2026

• NAR: 6.4% this year, 6.1% next year

• Fannie Mae: 6.1% by the end of the year, 5.8% next year

Lawrence Yun from NAR says mortgage rates are the “magic bullet” that could really get the market moving again—especially for first-time buyers.

💬 So What Does This Mean for You?

Here’s the short version:

• The market is recovering—but slowly.

• Most experts expect small price increases and a steady rise in sales through the end of the year.

• Rates will likely stay above 6%, so buyers still need to budget carefully.

But keep this in mind: national numbers are just averages. What really matters is what’s going on in your city, in your neighborhood, and at your price point.

Even in the same zip code, different price ranges can behave totally differently.

Is it a Good Time to Tap Into Your Home’s Equity?

Right now, homeowners across the U.S. have more equity than ever—about $11.5 trillion that can be borrowed without needing to sell their homes. That means if you own a home, you might be able to pull money from it while still keeping a good cushion of value (at least 20%) in place.

And with interest rates on home equity lines of credit (HELOCs) going down, now might be one of the best times in years to consider using your home’s value to your advantage.

But is now the right time to borrow, or should you wait? Let’s look at the numbers, the trends, and whether tapping into your equity makes sense for you.

Homeowners Are Holding Record Equity

According to new data from ICE Mortgage Technology:

• U.S. homeowners have $17.6 trillion in total equity

• $11.5 trillion of that is “tappable”—you can borrow it and still keep at least 20% equity in your home

• The average homeowner has around $212,000 in tappable equity

• 48 million people with mortgages can access this equity—that’s the highest it’s ever been

Even with all this available equity, most homeowners haven’t touched it. In early 2025, only 0.41% of tappable equity was actually used. That’s way below the average from past years.

Borrowing Is Getting Cheaper

Another big change? HELOC rates have dropped. A few months ago, borrowing $50,000 through a HELOC would’ve cost about $412/month. Now it’s down to $311/month—a savings of over $100 each month.

And if interest rates continue to fall, as expected, we might see HELOC rates go even lower by 2026.

Why More People Are Looking at HELOCs

With rates dropping and equity rising, more homeowners are thinking about using a HELOC. According to a recent survey, 1 in 4 are considering it within the next year.

Here’s why:

• Home upgrades: Fix up the kitchen, add a new bathroom, or make your yard a great place to hang out.

• Pay off debt: Use the HELOC to pay off high-interest credit cards or loans and save on interest.

• Make an investment: Start a business, help pay for college, or even buy another property.

• Handle emergencies: Use it as a backup for unexpected costs like medical bills or car repairs.

Is Now the Right Time for You?

There’s no one-size-fits-all answer. Ask yourself:

• Do I know exactly how I’d use the money?

• Can I handle the monthly payments even if rates change?

• Do I want access to cash without refinancing or selling my house?

If your answer is yes, then tapping into your home’s value could be a smart move.

Want to know how much equity you’ve got or see what kind of options are available? I can help you figure it out, break down the numbers, and introduce you to lenders you can trust.

Our partners at Christian Community Credit Union can give you a quick and easy HELOC quote.

Average Home Buying Age Continues to Rise

Buying your first home today is nothing like it was 30 years ago.

In 2024, the average first-time homebuyer is 38 years old. Back in 2020, it was 33. Between 1993 and 2018, it was just 31.

So if you’re renting in your 30s or 40s, you might wonder: Did I miss my chance?

The answer is simple: No, you didn’t.

Actually, you’re right on time—and there are strong financial and personal reasons why.

Why Are Buyers Waiting Longer?

Research from John Burns Research & Consulting shows that Americans are reaching major life milestones later than they used to:

• The average age for first-time mothers is now 30, compared to the early 20s a few decades ago.

• Only 33% of today’s 30-year-olds own a home, down from 47% in 1984.

• Just 48% of 30-year-olds are married today, compared to 78% in 1984.

• 72% of renters are now over 30 years old—the highest number ever recorded.

This isn’t some random trend. Each generation since the baby boomers has taken longer to hit these milestones.
We’re watching a real shift in how people build their lives and families.

Today, more people focus on education, careers, savings, and flexibility before settling into homeownership.
And with how the economy is today, that’s not just understandable—it’s often the smarter move.

The Cost of Buying a Home

Let’s talk about the obvious: buying a home costs way more than it used to.

According to new research from Redfin, Americans now need to earn $116,633 a year to afford the average home for sale.
Meanwhile, you only need about $64,160 a year to afford the typical apartment rent.

The gap between renting and buying is getting wider:

• In 2021, the income gap was only 17%.

• By 2023, it jumped to 54%.

• In 2025, it passed 80%.

What’s driving this?
Home prices are climbing faster than rents. Mortgage rates are stuck above 6.5%. And in many places, there just aren’t enough homes for sale.

So if you’ve been renting while waiting for your finances to get stronger, you’re not falling behind—you’re adjusting to the reality of the market.

Why Buying Later in Life Can Be an Advantage

Here’s why buying a home later actually works in your favor:

Stronger Finances

By now, you’ve probably had time to grow your income and build up your savings—something that’s a lot harder in your 20s.

You’re also likely to have a better credit score and enough saved for unexpected costs—both huge advantages when buying a home.

Smarter Choices

Think about that apartment you loved in your 20s—until you realized the location was awful?
By your late 30s or 40s, you know what really matters to you in a home.

You’re less likely to make snap decisions and more likely to choose a home that fits your actual lifestyle.
That kind of wisdom can help you avoid regrets and buy with more confidence.

A Market That’s Changing for You

Builders and sellers are paying attention. They’re offering more smaller homes, low-maintenance options, and communities that fit buyers who are hitting life milestones a little later.

Renting is Part of the Journey

The old idea that renting in your 30s, 40s, or even 50s means you’re "falling behind" just doesn’t fit today’s world.

In reality, renting longer often means you’re making smart moves—waiting until both your life and your finances are ready.

So if you’re worried you missed your chance, here’s the truth: You’re exactly where you need to be.

And when you do buy, you’ll be walking into it with experience, confidence, and a clear vision of what you want.

What Recent History Teaches Us About Prices & Rates During a Recession

Every time the word "recession" appears in the news, people start to worry—especially if they're thinking about buying or selling a home.

You might be asking yourself:

• Will home prices fall sharply?

• Are mortgage rates going to jump?

• Should I wait before buying or selling?

These are understandable questions, and you're definitely not alone. Luckily, history can give us some helpful clues.

Let's look at some facts:

A Recession Doesn’t Always Mean Lower Home Prices

Many people assume that if there’s a recession, housing prices will automatically drop. But that’s not usually the case. In four of the last six recessions, home prices actually increased. In another one, prices dropped by less than 2%. The only big exception was in 2008, but that recession was unique. It involved risky lending practices, too many homes being built, and financial instability that we aren't seeing today.

Here’s what normally happens:

• Home prices either stay stable or slow down slightly.

• There might be fewer buyers, but that doesn't always cause prices to crash.

• Local markets each respond differently, depending on supply and demand.

Mortgage Rates Usually Drop During a Recession

Good news for buyers: mortgage rates often fall when there's a recession. Data from Freddie Mac shows that rates went down during all six of the most recent U.S. recessions.

Why does this happen? Typically, the Federal Reserve lowers interest rates to boost the economy, making borrowing less expensive. While we probably won't see the extremely low rates from 2020 again, even a small decrease can significantly lower your monthly payments.

Homeowners Today Have Plenty of Equity

One big difference from 2008 is that today’s homeowners have built up strong equity. Home prices have increased steadily over the past few years, giving most homeowners a substantial financial cushion.

According to Realtor.com’s analysis of Federal Reserve data:

• Even if home prices dropped by 10%, the average homeowner would still have about 69.5% equity (similar to 2021).

• A 20% drop would put equity levels back where they were in 2019.

• More than half of homeowners (54%) have mortgage rates below 4%, making them less likely to sell unless they choose to.

Because homeowners have such strong equity, we probably won’t see a flood of foreclosures or forced sales. This helps keep prices stable, even when the economy slows down.

Bottom Line

Recessions can cause uncertainty, but history shows housing markets usually stay steady or even improve, and mortgage rates often decrease. Plus, homeowners today are financially strong.

If you have more questions or you're wondering how this could affect your decision to buy or sell, feel free to reach out. My goal is to help you make smart choices based on facts, not fear.

Mortgage Applications Are Rising—Here’s Why That Matters

You've probably heard that mortgage rates are high and the housing market is difficult. But most reports miss some important signs: the housing market is starting to show life again.

Mortgage purchase applications are increasing compared to last year. Even though rates are still higher than 6.5%, more buyers are becoming interested. It's not a major rush, but it's worth noticing.

What Are Mortgage Purchase Applications?

Mortgage purchase applications are when people apply for loans to buy homes. This data usually predicts home sales 30 to 90 days in advance. It's a helpful way to see market changes before they become big news.

In the first 10 weeks of 2025:

• 4 weeks showed increases

• 3 weeks stayed the same

• 3 weeks decreased

This doesn't sound huge, but most weekly numbers this year are positive, and applications are higher than last year for the first time in a while. When applications go up, it's usually a sign more people want to buy homes.

Peak Home Sales Happened Early in 2023 and 2024

In both 2023 and 2024, home sales increased briefly at the beginning of the year but then slowed down. This happened because of mortgage rates.

For example, at the end of 2023, mortgage rates went above 8%. Then, rates dropped to about 6.63% in January 2024. This decrease helped buyers become more active, but sales slowed again when rates increased.

In both years, home sales peaked early because buyers reacted quickly to temporary lower rates. When rates rose again, buyers left the market.

Why 2025 is Different

This year, mortgage applications are increasing even though rates haven't dropped much. As of mid-March 2025, the average 30-year mortgage rate is around 6.7%. Although that's still high, it's better than the 8% rates from late 2023.

Logan Mohtashami from HousingWire noted, "Unlike the last few years, when rates went up and applications dropped, this year the data is still positive compared to last year. It's been a long time since I could say that."

If mortgage rates go down to around 6% and stay there, experts believe demand will rise even more.

Final Thoughts

Mortgage purchase applications are increasing, even without lower mortgage rates. This means buyers are starting to return to the market, especially those who've been waiting for conditions to improve.

How to Sell for More Money (and Less Time) This Spring

Everyone knows spring is usually the best time to sell a home. But many people make the same mistake every year—they wait too long.

Most sellers think of spring as late April or early summer, when the weather is warm and flowers bloom. But by then, lots of other people are selling their homes too. This means more competition, which makes it harder for your home to stand out.

If you want to sell fast and get the best price, it’s smarter to list your home before everyone else. According to Realtor.com, the best week to sell your home in 2025 is April 13-19.

Here’s why selling early in spring is better:

1. Less Competition = More Attention from Buyers

Think about going to a popular restaurant. If you go right when it opens, you get seated quickly, and the servers pay more attention to you. But if you arrive during busy dinner hours, you'll wait longer and get less attention.

It’s the same with selling a home. In early spring, fewer homes are available, so buyers focus more on your home.

📉 Important Fact: Realtor.com says that in early April, there are about 13.2% fewer homes for sale compared to other times of the year.

This means buyers have fewer choices, so they're more likely to make stronger offers on your home.

2. More Buyers Looking at Your Home

Buyers start looking early. With fewer homes on the market, your listing gets more views.

📈 Important Fact: Homes listed in early spring get 17.7% more online views compared to homes listed at other times.

More views mean more interested buyers, more showings, and better offers. Waiting too long means your home might not get as many views or offers.

3. Faster Home Sales

If you want your home to sell quickly, early spring is best.

📉 Important Fact: Homes listed during the "Best Week to Sell" sell about 9 days faster than homes listed at other times.

This happens because serious buyers, especially families who want to move before the new school year, start looking early. If your home is ready early, it attracts these eager buyers.

4. Better Prices, Fewer Price Cuts

Many sellers worry about listing their home at the right price. Good news—early spring is the time when sellers need fewer price cuts. This often means homes sell closer to the asking price.

📈 Important Fact: There are 20.9% fewer price cuts in early spring compared to other times of the year. Homes listed during this time usually sell for more money and stay on the market for less time.

Also, homes listed early in spring often start at higher prices:

• 1.1% higher than the average week

• 6.7% higher than homes listed at the beginning of the year

Final Tips

If you're thinking of selling this year, don't wait until everyone else does. Listing your home early in spring typically means:

• Less competition from other sellers

• More buyers viewing your home

• Faster home sales

• Higher selling prices

The key to getting the best offer is to beat the competition, not join it.

Are We Entering a Real Estate "Super Cycle?"

Real estate has long been a steady way to invest money. But now, some experts believe something even bigger might be coming: a real estate supercycle.

A supercycle is not about the usual ups and downs. It happens when strong factors like a high need for homes, changes in the economy, and new policies keep pushing prices higher over a long time.

Chad Tredway from J.P. Morgan Asset Management said that these strong factors, along with the chance that interest rates will drop later, could mean many good years ahead for real estate.

What is a Real Estate Supercycle?

A supercycle is a long period when the market grows a lot because of steady demand and solid economic reasons. This growth happens even if there are small changes in things like interest rates.

Tredway explained on Bloomberg that the current rules, the expected drop in rates someday, and strong demand could lead to a supercycle in real estate.

What About Interest Rates?

Interest rates are a big deal for people buying homes. Many wait for lower rates before they decide to buy. However, even if rates do not drop much this year, the strong demand for homes means that the market will likely keep growing.

Tredway mentioned that areas like warehouses, factories, and housing are seeing so much demand that they will keep earning money over time. And if interest rates do drop, that would be an extra bonus.

Home Prices in 2025

J.P. Morgan also shared a new report that predicts home prices will go up by about 3% in 2025. This means that a home that seems expensive today might be a great deal in a few years.

Since there are more people looking for houses than there are houses available, waiting could mean paying more later. The market is strong, and taking action now might be the best move to benefit from future gains.

What Does This Mean for You?

Real estate rewards those who think long-term. The signs show that we might be starting a long period of growth. Here are the main points:

• A real estate supercycle might be starting, pushed by high demand and strong economic reasons.

• Even if interest rates do not drop quickly, real estate looks set for long-term growth.

• Sectors like housing, industrial, and logistics are already seeing strong interest.

• Waiting for the perfect time could mean missing out on today’s opportunities.

Those who understand these long-term trends are already getting ready for what comes next.

Would You Pay More For a Move-In Ready Home?

Would you spend an extra $13K to skip renovations? Or would you rather save money and take on a fixer-upper?

Recent data shows that buyers are willing to pay nearly 4% more for a home that's already remodeled—adding up to an extra $13,194 on a typical U.S. home.

And it’s not just about price—move-in-ready homes are getting 26% more daily saves and 30% more daily shares on Zillow. Buyers are actively hunting for turnkey properties, which means more competition.

On the flip side, fixer-uppers are selling for about 7.3% less than similar homes—the biggest discount in three years!

Why? The pandemic ignited a renovation boom, leading to more remodeled homes hitting the market. And today’s buyers would rather pay more for a move-in-ready home than deal with the headaches, delays, and rising costs of renovations.

If you’re selling, smart renovations could boost your home’s value. And if you’re buying, fixer-uppers could be your best shot at a deal right now.

Renting vs. Buying - What Makes More Sense in 2025?

Should You Buy or Rent? Here’s How to Decide

Choosing whether to buy a home or rent isn’t just about how much it costs right now. It’s about where you see yourself in the future, how stable your finances are, and what kind of lifestyle you want.

A recent report from ATTOM looked at home prices, rental costs, and wages across the U.S. It found that in most places, owning a home takes up less of a person’s income than renting a similar-sized place. But does that mean buying is always the best choice? Not necessarily.

In this guide, we’ll look at what the data says, when it makes sense to buy, when renting is smarter, and what to think about before making your decision.

What the Numbers Show

Every year, ATTOM studies how affordable it is to buy or rent in hundreds of counties across the country. The 2025 report highlights three key points:

• Buying a home is cheaper than renting a 3-bedroom in nearly 60% of the U.S. Monthly homeownership costs—like mortgage payments, insurance, and property taxes—take up a smaller portion of wages than renting a similar home.

• Housing is still expensive either way. Whether you rent or buy, housing takes up 25-60% of the average worker’s income. So while buying might be more affordable in some areas, it’s still a major expense.

• Upfront costs are a big challenge for buyers. Even though monthly homeownership costs are often lower than rent, buying a home requires a big down payment and closing costs, which can be a financial hurdle.

When Buying a Home Makes Sense

Even though home prices keep rising, ATTOM’s data shows that in most areas, owning a home costs less per month than renting a three-bedroom. That’s because rent prices are climbing too, making it harder for renters to save money.

So when should you consider buying?

1. You Plan to Stay for a While

Buying a home is a long-term commitment. If you sell too soon, you might lose money on closing costs and other fees. If you plan to stay in the same place for at least five years, you’ll have more time to build equity and make the purchase worth it.

2. You Can Afford the Upfront Costs

The biggest challenge of homeownership isn’t always the monthly payments—it’s the down payment and closing costs. If you have enough saved to cover these without draining your emergency fund, buying could be a smart move.

3. You Want to Build Wealth Over Time

When you rent, your monthly payments go to your landlord. But when you own a home, your mortgage payments help build equity—meaning you gain ownership in the property. Over time, that can become a valuable financial asset.

4. You Need More Space

If you’re outgrowing your current rental, buying might be a good option. ATTOM’s data shows that renting a three-bedroom home takes up more of a worker’s income than owning one in nearly 60% of U.S. markets.

However, if you’re comfortable in a smaller rental, renting could still be the cheaper option. A one- or two-bedroom apartment often costs less than the total expenses of homeownership, especially when you add in maintenance, insurance, and property taxes.

When Renting is the Better Choice

Even though owning a home might save money in the long run, renting still has its benefits—especially if you need flexibility or financial security.

1. You Need Flexibility

If you’re not sure about your job situation, relationship status, or where you want to live long-term, renting gives you the freedom to move without the stress of selling a home.

2. You Don’t Have a Big Emergency Fund

Owning a home means paying for unexpected repairs, maintenance, and property taxes. If you don’t have at least three to six months of expenses saved, it might be safer to rent until you build up a financial cushion.

3. You Live in a High-Cost Area

In some cities, home prices are so high that buying requires a huge down payment and a big portion of your income. If a mortgage, property taxes, and insurance would stretch your budget too thin, renting may be the better option.

4. You Don’t Want to Handle Maintenance

When you own a home, you’re responsible for fixing things when they break. If you’d rather have a landlord take care of repairs, renting is the stress-free choice.

The Bottom Line: Should You Buy or Rent?

The best decision depends on your financial situation, lifestyle, and long-term goals:

• Buy a home if you want stability, can afford the upfront costs, and plan to stay in one place for several years.

• Rent if you need flexibility, aren’t ready for homeownership expenses, or live in an area where buying is too expensive.

No matter what you choose, making an informed decision will help you feel confident about your next move.

How to Secure the Best Rate in Any Market

Since late last year, mortgage rates have been all over the place. At first, they dropped to the low 6% range, then back up above 7%, and are now holding in the mid-6% range.

Yikes.

If this feels stressful, you’re not the only one. Watching rates go up and down can make buying a home seem like a guessing game. But here’s the good news—you don’t have to wait for the “perfect” rate to make homeownership happen.

No matter where rates are, there are still ways to find good opportunities. When you understand what causes rates to change, you’ll feel more in control and ready to lock in the best deal for you. Let’s take a look at why mortgage rates go up and down—and what you can do about it.

Why Do Mortgage Rates Change?

It might seem random, but mortgage rates don’t just change for no reason. They’re affected by things like inflation, the Federal Reserve (the Fed), and how strong or weak the economy is. Here’s a quick breakdown:

The Federal Reserve’s Role: The Fed doesn’t set mortgage rates, but it does control a key interest rate that affects them. When inflation gets too high, the Fed raises rates to slow down spending, which often leads to higher mortgage rates.

The Economy & Jobs: When the economy is doing well and more people have jobs, mortgage rates tend to go up because more people are borrowing money. When the economy slows down, rates often drop to encourage people to borrow and spend.

Financial Markets: Mortgage rates are linked to things like Treasury bonds and mortgage-backed securities. Investors want a good return on their money, so when these investments shift, mortgage rates adjust too.

Government Programs: Sometimes, the government creates programs to help people buy homes, like tax credits or down payment assistance. These programs can make more people want to buy, which can lead to higher rates.

Global Events: Big world events—like wars, pandemics, or elections—can affect the U.S. economy, which in turn can cause mortgage rates to change.

How to Plan for Monthly Mortgage Costs

When mortgage rates keep changing, planning your monthly payments can feel tricky. But with a few smart steps, you can stay on track:

Use a Mortgage Calculator: Try different numbers to see how your payment changes with different interest rates and down payments. This will help you figure out a monthly payment that works for you.

Remember Other Costs: Your mortgage payment isn’t just about the loan—you’ll also have to pay for property taxes, homeowner’s insurance, and possibly private mortgage insurance (PMI) if your down payment is under 20%.

Prepare for Rate Changes: If possible, plan for a slightly higher rate just in case it goes up before you close. That way, you won’t be caught off guard.

With careful planning, you can feel more confident about your budget no matter what rates do.

How to Get the Lowest Mortgage Rate

Right now, buyers are finding creative ways to get better deals. According to Zillow, nearly half of recent homebuyers (45%) locked in rates below 5%. How? By using things like builder incentives, seller financing, refinancing, or even help from family. Here are some ways you can lower your mortgage rate, too:

• Improve Your Credit Score

• A higher credit score can mean a lower interest rate. Here’s how to keep your score strong:

• Pay down your debts.

• Don’t open new credit accounts before buying a home.

• Consider rent-reporting services, which can help boost your credit if you pay rent on time.

A good credit score shows lenders you’re responsible, which can save you thousands over the life of your loan.

Use Mortgage Points or a Rate Buydown

You can pay extra upfront to get a lower interest rate. This is called buying mortgage points or doing a rate buydown. Some builders even offer to cover these costs to attract buyers. Just make sure:

You know how long it will take to break even on the upfront cost.

You talk to a loan expert to see if this strategy fits your budget.

Look at Different Loan Options

Most people get a 30-year fixed-rate mortgage, but other options—like adjustable-rate mortgages (ARMs) or shorter-term loans—might have lower rates. An ARM starts with a lower rate that can change later, which could be a good option if you don’t plan to stay in the home forever. Just be careful—your payment could increase later on.

Check Out Down Payment Assistance Programs

The more money you put down, the lower your rate might be. But if saving a big down payment is tough, look into programs that help with down payments. According to Zillow, 60% of first-time buyers used some kind of assistance.

Negotiate with Sellers or Builders

Since more homes are available now, some sellers and builders are offering special deals to get buyers. In fact, 35% of buyers this year got a lower rate because of seller incentives. Don’t be afraid to ask if the seller will help with closing costs—it could save you a lot of money.

Mortgage rates will always go up and down, but that doesn’t mean your dream of owning a home has to wait. Start exploring your options and talk to a mortgage expert to find the best path for you. Instead of waiting for the “perfect” rate, focus on making the best decision based on your unique situation.

2025 Homebuyers Want Move-In-Ready Homes—Here’s What Sellers Need to Know

If you're thinking about selling your home this year, there’s one thing buyers want: a move-in-ready home. A recent Bright MLS survey found that 56% of buyers say this is their top priority.

With home prices still high and mortgage rates elevated, buyers don’t want to deal with repairs or renovations. They’re looking for homes that are ready to go on day one.

Why Do Buyers Want Move-In-Ready Homes?

In today’s market, buyers are facing high costs. They don’t want to spend even more money or time fixing up a house after they move in. A move-in-ready home means:

✅ No major repairs needed – Buyers want to settle in, not deal with contractors.

✅ Fewer unexpected costs – Less chance of surprise repairs means a more predictable budget.

✅ A smooth move – They can start enjoying their new home immediately.

What Buyers Are Willing to Compromise On

Even though move-in-ready homes are in high demand, buyers understand they may need to make trade-offs.

Lisa Sturtevant, Chief Economist at Bright MLS, explains:

"Buyers are more likely to compromise on size and location than give up on finding a move-in-ready home."

🔹 75% of buyers would consider a smaller home if it fits their budget or preferred location.

🔹 64% of buyers are open to living outside their ideal area to get a home that’s in great condition.

🔹 Nearly 39% of buyers are willing to stretch their budget if a home checks all their must-have boxes.

For sellers, this is a huge opportunity. If your home is in great shape, buyers will prioritize it over a larger home or a perfect location.

How Sellers Can Attract Buyers and Get Top Dollar

If you’re selling, focusing on move-in-ready appeal can help your home sell faster and for a higher price. The good news? You don’t need to do a full renovation—just a few smart updates can make a big difference.

1. Take Care of Small Repairs

Fix things like leaky faucets, chipped paint, or loose door handles. These little things add up in a buyer’s mind.

2. Refresh the Look Without a Huge Cost

Simple updates like a fresh coat of paint, new light fixtures, or updated cabinet hardware can make your home look newer and more appealing.

3. Stage Your Home Like a Pro

• Make it easy for buyers to picture themselves living there:

• Declutter and remove personal items

• Arrange furniture to make rooms feel open and spacious

• Add cozy touches like fresh flowers or stylish throw pillows

4. Highlight Energy-Efficient Features

32% of buyers prioritize energy-efficient homes. Consider:

• Adding a smart thermostat

• Upgrading to LED lighting

• Sealing drafts or improving insulation

• What If Your Home Isn’t Move-In-Ready?

Not every home is in perfect shape—and that’s okay. Many buyers are still interested, especially if your home has:

✔️ A great location

✔️ A strong structure

✔️ Unique charm or character

To attract buyers, you can:

🔹 Offer repair credits – Let buyers make the updates themselves.

🔹 Provide a home warranty – This gives buyers confidence that big repairs won’t surprise them.

🔹 Explore selling options like Zoodealio’s Cash+ Offer – This lets you upgrade before selling without upfront costs.

Final Thoughts

A move-in-ready home is the biggest priority for today’s buyers. Even if your home isn’t perfect, highlighting its best features and offering smart incentives can help attract motivated buyers.

By making a few key updates and presenting your home well, you can sell faster and for a higher price—no matter the market.

How to Save for Home Repairs and Avoid Big Surprises

Did you know that over 30 years, the average homeowner spends more than $180,000 on repairs and maintenance? That’s a lot of money! But when you break it down, it makes sense.

A recent survey found that homeowners spend about $6,087 per year on unexpected repairs. That’s often more than what they pay for property taxes or home insurance!

From broken heaters to leaking pipes, home repairs aren’t just expensive—they’re unavoidable. But nearly half of homeowners don’t set aside money for them.

In fact, 59% of homeowners said they couldn’t pay for a $5,000 repair without using a credit card. And 23% said they’d need to borrow money even for a $1,000 repair.

So, how much should you save? And how can you start saving today? Let’s break it down.

How Much Do Home Repairs Cost?

Homeowners spend an average of $6,087 per year on maintenance and repairs. Here are some of the most common (and expensive) repairs:

• Heating & cooling system: $5,000 – $10,000

• Roof repairs or replacement: $3,000 – $15,000

• Plumbing problems (leaks, sewer issues): $2,000 – $10,000

• Foundation repairs: $5,000 – $25,000

• Electrical repairs: $2,000 – $6,000

If you’re not prepared, these costs can drain your savings or put you into debt. But with a solid plan, you can handle home repairs without stress.

How Much Should You Save?

A good rule is to save 1% to 3% of your home’s value every year for repairs.

For example:

If your home is worth $400,000, you should save between $4,000 and $12,000 per year.

Older homes (20+ years) or houses in areas with bad weather may need more savings.

How to Build a Home Repair Fund (Even on a Tight Budget)

If you haven’t started saving yet, don’t worry—it’s never too late! Here’s how you can build your emergency fund:

1. Start Small & Be Consistent

Set a goal: Try to save $5,000 for emergencies.

Automate savings: Transfer $50–$200 per month into a separate account.

Save spare change: Use apps that round up your purchases and save the extra cents.

2. Cut Unnecessary Spending

Look for small ways to free up extra money:

Cancel unused subscriptions (like streaming services or gym memberships).

Eat out less and cook more meals at home.

Negotiate lower bills for insurance, phone, or utilities.

3. Earn Extra Money

If you need more savings, try these ideas:

Side jobs like driving for Uber, DoorDash, or freelancing.

Sell unused items on Facebook Marketplace or eBay.

Use tax refunds or work bonuses to grow your emergency fund.

4. Keep Your Savings in a Separate Account

Put your emergency money in a high-yield savings account. This keeps it safe but easy to access when needed.

What to Do When a Home Repair Emergency Happens

Even with savings, big repairs can still be stressful. Here’s how to handle them smartly:

1. Figure Out If It’s Urgent

Is it an emergency? (Like a broken furnace in winter?)

Can it wait? If it’s not urgent, you have time to save.

2. Get Multiple Quotes

Compare prices from at least two or three contractors.

Look for deals—some companies offer discounts at certain times of the year.

3. Ask for Discounts

Pay upfront if possible—some companies give discounts for cash payments.

Negotiate—many repair services expect you to ask for a lower price.

4. Consider a Home Warranty

A home warranty might cover some repairs, but read the fine print!

Some warranties aren’t worth it, so do your research.

5. Use Loans Only as a Last Resort

If you must borrow money, look for low-interest personal loans instead of using high-interest credit cards.

Final Thoughts

Owning a home comes with surprises, but planning ahead makes them easier to handle.

When you buy a home, make sure your budget includes not just your mortgage, but also savings for repairs.

By saving a little each month, you’ll be ready for anything—without stressing about debt!