![Homeownership Builds Your Wealth over Time [INFOGRAPHIC]](https://www.charlesriver.properties/wp-content/uploads/sites/41/2023/01/Homeownership-Builds-Your-Wealth-In-The-Over-Time-MEM-480x675.jpg)
by Charles River Properties | Jan 27, 2023 | Buyers, First Time Home Buyers, Infographic
Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in...
by Charles River Properties | Jan 26, 2023 | Buyers, First Time Home Buyers, Housing Market Updates
Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that...
by Charles River Properties | Jan 25, 2023 | Buyers & Sellers, First Time Home Buyers, Housing Market Updates
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices...
by Charles River Properties | Jan 24, 2023 | Buyers, First Time Home Buyers, Housing Market Updates
If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp,...
by Charles River Properties | Jan 19, 2023 | Buyers, First Time Home Buyers, Move-Up Buyers
One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells...
by Charles River Properties | Jan 17, 2023 | Buyers, Buying Myths, First Time Home Buyers
Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...
