Key Takeaways: Real estate remains the preferred long-term investment among Americans for the eleventh year. Even in today’s competitive housing market, real estate is perceived as the most valuable investment. The Jim Dolanch Team wants to make buying a home your best investment this year—contact us today to work with the top real estate team […]
Tag Archives: buying a home in Pittsburgh
Putting 20% Down Doesn’t Mean What It Used To
Key Takeaways: Many home buyers are under the impression that they have to have a 20% down payment to purchase a home. Statistics actually show that recent homebuyers have been putting down less than 20% for a down payment and are still able to buy the home of their dreams. Don’t let the myth of […]
Equity Increases for Homeowners Nationwide
Key takeaways: The average homeowner saw an increase of around $17,000 in equity over the last 12 months. In total, U.S. homeowners with mortgages have gained a total of $1 trillion in equity since the third quarter of 2019. Thanks to a 10.8% increase in equity over the last year, the average American household that […]
Why Now Is a Great Time to Buy a House
Key Takeaways: From a financial perspective, now is a great time to buy a house, especially as mortgage rates hover at an all-time low. Investing in real estate can increase your wealth even if the economy is in a recession. Do you still have questions about investing during a recession? We’d be happy to give […]
5 Ways to Make Your Offer More Competitive
Today’s home buyers are navigating a market that’s more competitive than ever thanks to low inventory and high demand. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a successful offer. Don’t lose out on your next dream home! Get […]
Why Homeownership Is Key to Building Wealth
Key Points: A primary home accounts for 90% of the total wealth of a family in the United States. Because real estate typically increases in value over time, owning a home is considered one of the soundest investments you can make. If you’re a first-time buyer, homeownership will always be a great opportunity to build […]
The Housing Market Plays a Key Role in the Return of the Economy
The pandemic led many to think that the economy will suffer tremendously as a result of people losing their jobs and not being able to invest in their communities. However, real estate is here to save the day! The housing market has actually played a key factor in the quick turnaround of the economy, and […]
Younger, but Ready to Compete: How Millennials and Gen Z Are Shaping the Market
Look who’s moving into the neighborhood! The new kids on the block are unloading their moving trucks and are here to stay. The increase in competition for a home is a huge talking point in the real estate industry now. The kicker? The largest age groups looking for a home primarily consist of the younger […]
Why Every Buyer Should Get Pre-Approved Before Searching for Homes
You may have heard that getting pre-approved for a mortgage is the most important step you can take before buying a home. But unless you’ve done your research, you probably aren’t aware of all the amazing benefits that come with having a pre-approval letter in hand. Why You Shouldn’t Skip Getting Pre-Approved for Your Mortgage […]
Here’s How Mortgage Rates Have Changed Over the Decades
Even if you aren’t thinking about buying a home, you may have heard that mortgage rates have plunged to record lows. That may seem like great news, but it’s hard to know just how much you’re saving by taking advantage of rock-bottom rates. Here’s what you need to know about today rates…and how they’ve changed […]