Nearly half of Veterans (49%) feel homeownership is currently out of reach, according to a recent survey from NewDay USA.
But many are closer than they think. And you might be, too.
If you’ve always assumed a newly built home is just not in your budget, you should know the math just got a little friendlier.
The median sale price of a newly built home is now at its lowest level since 2021, according to the latest data from the Census. And on top of that, builders are still rolling out incentives to bring buyers through the door.
You may have seen the headlines lately about mortgage debt in America hitting a record high. And maybe your brother-in-law brought it up at the dinner table like he’s been waiting all week to spark a debate.
Here's the thing. He's not wrong. But he only has half the story. And the half he's missing? It changes everything.
It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?”
With everything in the news, that concern makes some sense. No one wants to make a big financial decision at the wrong time. But here’s what’s important to know. You don’t want to get hung up on the few places seeing slight declines right now.
Most sellers come into the market with one number in mind. And it’s often the one that costs them the most. That's their asking price.
A survey from Realtor.com shows about 8 in 10 (80%) of sellers expect to sell at or above their asking price today. But here’s where things get interesting.
In reality, only about 4 out of every 10 (roughly 40%) actually do.
Many buyers begin seriously thinking about a Smith Mountain Lake getaway once the weather turns warm and the boating season comes into view. But in the local real estate market, spring and early summer often create an important window of opportunity for second-home buyers who want more choices, more flexibility, and time to settle in before the lake reaches its busiest months.
You've probably seen the headlines saying, "foreclosures are on the rise,” and maybe your mind jumped straight to 2008. That’s understandable. A lot of people remember that crash and all the foreclosures that happened during that window, and they’re hoping something like that never happens again.
But this isn’t a repeat of what happened back then. Here’s the context to prove it.
That feeling of stepping onto the deck at a Smith Mountain Lake waterfront home and seeing nothing but water, mountains, and sky has real market value behind it. At Smith Mountain Lake, true waterfront property remains one of the area’s most limited and sought-after commodities, particularly for second-home buyers looking for a retreat that feels genuinely removed from day-to-day life.
Selling your house this season? You’ve probably heard you should stage it before it hits the market. But what does that really mean – and is it worth the effort?
The short answer is “yes,” especially right now.
For a lot of would-be first-time buyers, affordability is the thing that’s standing in the way. But some buyers are getting creative and finding a way to still make the numbers work – and that’s through co-buying.
The Dream Is Still Alive. The Math Just Isn’t Working for Everyone.
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