Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know.

14 Years Running: Why Real Estate Is Still America’s Favorite Investment Quick gut reaction. Which investment do Americans trust more than stocks, gold, savings accounts, and bonds? The answer hasn't changed in 14 years. It's real estate. And this year, that answer comes with even more conviction behind it. New data shows people aren't just saying homeownership is a smart move, they're feeling better about it than they have in years. Let's dig into why. Real Estate Takes the Top Spot – Again Every year, Gallup asks Americans to name the best long-term investment. And for the 14th year in a row, real estate came out on top (see graph below): That's not a fluke or a hot streak. That's 14 straight years of beating out stocks, gold, and everything else. Think about everything that's happened in that stretch – rising rates, market swings, election years, you name it. Through all of it, Americans kept picking real estate. That kind of staying power says something about how people view homeownership – and it makes sense. Historically, it’s one of the best ways to build wealth in this country. As Michelle Egan, Head of Credit Solutions, Impact Finance at JPMorgan Chase, explains : “ Owning a home has long been considered one of the most reliable ways to build wealth. Beyond providing shelter, a home is a valuable asset that can appreciate over time, build equity, and serve as a financial resource for generations.” Now, you may have seen chatter online saying home prices are falling and wondered if that changes the math. It really shouldn’t. Nationally, home prices are still rising – just at a slower pace than a few years ago. Yes, some local markets are seeing slight dips, but those dips are small compared to how much home values have grown over the past 5 years . Generally speaking, home prices almost always rise. As long as you plan to live there for a good length of time, you should still have the chance to build equity. More People Say Buying Beats Renting And while it's true homeownership has been seen as a worthwhile pursuit for years now, something interesting is happening. It may actually be gaining a bit more popularity again. According to Bank of America's latest Homebuyer Insights Report, 53% of people now say it's better to buy a home than to rent or move in with family. That's the first time buying has taken the lead since 2023 (see graph below): In that same report, here are a few other signals that confidence in homeownership is on the rise: 90% of people say a home is a valuable investment, up from 79% just last year. And 94% say owning a home provides stability, up from 83% the year prior. Those are relatively big jumps in a short amount of time. And here’s what may be driving it. It’s About More Than Money Sure, affordability is still tight and some markets are still hard to break into, but that hasn’t changed what people feel about homeownership as a goal. And the reason why is simple – it's not just a financial decision. It’s a lifestyle choice. A home pays you back in ways stocks never could. As Sheharyar Bokhari, Principal Economist at Redfin, says: " For many homeowners, a home is more than a place to sleep and store belongings—it's a reflection of who they are. Homeownership can help people put down roots, build relationships and create a space that feels uniquely their own." You can't get that from a brokerage account. A home is the one investment that grows your wealth and gives you a place to build your life. And that means something. Bottom Line For 14 years straight, Americans have called real estate the best long-term investment, and confidence in owning a home is on the rise. If you've been weighing whether buying is worth it, let's connect and talk through what that first step could look like for you.

Think Nobody's Buying Homes Right Now? Think Again. If you've been thinking about selling , you've probably seen plenty of headlines suggesting buyers have just about disappeared. But there's a big difference between a slow market and a stalled one. Yes, mortgage rates are still higher than most people would like. Homes aren’t selling as fast as they were. And every week seems to bring another headline about buyers sitting on the sidelines. But here's what you haven't heard. Despite everything going on, buyer demand has been remarkably resilient. In fact, more sellers are getting to put up the “pending sale” sign now than during the last two years. What's even more surprising is that they're doing it at a time of year when activity usually starts to slow down. And if you're thinking about selling, that's a trend worth paying attention to. Buyers Are More Active Than You Think One of the best ways to measure buyer demand is by looking at pending home sales. Those are homes that have gone under contract but haven't closed yet. Think of them as a real-time pulse check on the market and whether buyers are still buying. HousingWire Data shows more homes are going under contract than at the same time the past 2 years (see graph below): While it may come as a surprise, the numbers speak for themselves. It doesn’t mean buyers are everywhere, but it does mean they’re still active right now. And even if this ebbs and flows a bit in the weeks ahead, right now we’re still ahead of where we’ve been lately. That's encouraging news if you're thinking about selling because it tells us something important… People haven't stopped buying homes. Serious buyers are still making moves. And a lot of these people are buying because they decided they can't keep waiting. Whether it's a growing family, a new job, retirement, or simply wanting a different home, life keeps moving… even when mortgage rates stay higher than we'd like. As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains : “A late spring buyer rush—even with mortgage rates not budging—is an indication of pent-up housing demand and consumers’ acceptance of above-6% mortgage rates as the new normal." So, if you've been worried no one’s buying, this data should give you some confidence. Today’s buyers aren't just casually browsing open houses on a Sunday afternoon, they've spent months waiting for rates to improve and now they realize they can’t wait anymore. That means they have a purpose and a timeline. And that's exactly the kind of motivated buyer you want to work with. What This Means for Your Sale Does that mean every house will sell instantly? No . Today's market is more balanced than it was a few years ago. So, you can’t just price your house however you want or skip preparing it for the market. Now buyers have choices, and they're willing to wait for the right home at the right price. But sellers who understand today's market (and price and position their homes right) are still finding success. Because the idea that "no one's buying right now" just isn't supported by the data. The buyers are there. The opportunity is there. The key is having the right strategy to capture it. Bottom Line This year's housing market may be moving slower than many of us hoped. But, buyer demand is more resilient than the headlines suggest. If you're wondering whether there are enough buyers for your house, let's connect. I'll show you what's happening in our local market and build a strategy that helps you take advantage of the momentum that's already here.