Who’s Buying Homes with Cash Right Now? More than 1 in 4 homes are being bought with cash right now. But here's something that might surprise you about who's buying them. It's not just wealthy investors swooping in with deep pockets. A lot of these cash buyers are everyday homeowners who've built up serious equity over the years. And that equity is giving them more buying power than they may have ever imagined. According to Cotality, the average homeowner with a mortgage has about $310,000 in equity. Think about what that could mean for your next move. You might have enough equity to buy your next home outright. No mortgage payment. No worrying about today's interest rates. And even if you can't pay all cash, that equity could help you borrow significantly less. But what if you're buying with a mortgage? Here's some good news: Nearly 3 out of 4 homebuyers are still using financing. You're actually in the majority. So don't let the headlines about cash buyers make you second-guess what's possible for you. Whether you're buying your first home or using equity to make your next move, there may be more opportunities than you think. Wondering how you stack up in today's market? Send me a message. Let's talk about your options. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

New Homes Cost Less in 1 in 3 Major Markets Newly built homes now cost less than existing ones in about 1 in 3 major markets. How much less, exactly? Nationally, a newly built home typically sells for about $35,000 less. So, brand-new could be more budget-friendly than you think. Want to see how newly built and existing homes compare where you’re looking? Let’s tour one of each. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

Here's something most buyers overlook… When the housing market slows down, homeowners and builders don't always have the same priorities. A homeowner may be willing to wait for a better offer. But builders with completed homes sitting unsold often have more reason to keep sales moving. In October, over 60% of builders offered some type of incentive. And almost half (43%) cut prices. That could mean more negotiating opportunities for you. The trick is knowing where to look. Let's find the builders with more move-in-ready homes available right now and see what they're willing to offer to get their inventory sold. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

The Biggest Credit Hurdle for Renters Who Want To Buy The credit landscape is changing, but action is required on your part. You have to take credit for what you do. And the sooner you get started, the better. Ready to see where you stand? A quick conversation with a loan officer costs you nothing and could show you you're closer to owning a home than you think. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

Newly built homes now cost less than existing ones in about a third of major markets. And nationally, the gap is pretty big. A newly built home typically sells for about $35,000 less than an existing one. Prices can look very different from one area to the next, though. So, what neighborhoods do you have your eye on? Let’s tour a new home and an existing one, and see how they compare. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

Confused by Home Price Headlines? Here’s Why. National headlines can’t tell you what your home is worth or how much room you have to negotiate. Local data can. If you’re thinking about buying or selling, let’s look at how prices are moving in your area, so you can set your price or make your offer with confidence. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

Why More Buyers Are Turning To Adjustable-Rate Mortgages Today What if you could save $150–$300 a month on your mortgage payment just by choosing a different type of loan? For some homebuyers, that could be a game changer. And it's one reason adjustable-rate mortgages (ARMs) are getting more attention. According to Bankrate, ARM rates recently came in more than a full percentage point lower than traditional fixed-rate mortgages. That's potentially hundreds of dollars in monthly savings on a median-priced home. And buyers are taking notice. About 1 in 10 mortgage applicants are now choosing an ARM, according to the Mortgage Bankers Association. So, what's the catch? Unlike a fixed-rate mortgage, an ARM gives you a lower introductory rate for a set number of years. After that, your rate can adjust up or down based on market conditions. That means you could save money upfront, but you'd also need to be comfortable with the possibility of higher payments later. And here's something worth knowing: Today's ARMs have more borrower protections than the risky loans that made headlines during the 2008 housing crisis. The bigger takeaway? A traditional 30-year fixed mortgage isn't your only option. If today's rates are making your homebuying budget feel tight, there may be financing options you haven't explored yet. Curious whether an ARM could help make your next home more affordable? Connect with a trusted lender who can run the numbers. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team

Hoping mortgage rates will come down soon? The latest inflation report just made that outlook a little more complicated. Inflation climbed to 3.7% in September, higher than economists expected. And while rising gas prices were a big driver, costs increased across several other categories too. Why does that matter for housing? Because stubborn inflation makes it harder for the Fed to justify lowering their Federal Funds Rate. It could even increase the chances of another hike. Now, the Fed doesn't directly control mortgage rates. But inflation and Fed expectations influence them, which means there's no guarantee mortgage rates will move lower anytime soon. If you're planning to buy or sell, don't let a hoped-for rate drop be the only thing driving your timeline. Let's look at what today's market means for your move and build a plan around the numbers you can actually work with. DM us to chat or tap the link (in the caption or in bio) to get all of our real estate tips and insights: 👇👇 https://linktr.ee/Pure.life.team