Thursday, December 11, 2025 / by Joyce Dungca
A lot of people are asking the same thing right now: “Is it even a good time to sell?” And the truth may come as a bit of a surprise...
For many homeowners, the answer is a strong yes.
Why? Because of one major factor working in your favor: your equity. Odds are, if you’ve lived in your home for a while, you know you have significant equity. But how much are we really talking about? The number might just change everything about your next move.
The Hidden Wealth of Homeownership
Here’s how it works. When you own a home, you build up something called equity.
Each time you make a mortgage payment, you’re chipping away at your loan balance. And that helps your ownership stake in your home grow. At the same time, home values typically rise – which drives up the overall value of your home.
When you put those two things together, you’re building wealth automatically, month after month, year a ...
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team raj jaggi, buyers, sellers, housing market, equity, mortgage rates, home owners
Thursday, December 11, 2025 / by Joyce Dungca
A lot of people are asking the same thing right now: “Is it even a good time to sell?” And the truth may come as a bit of a surprise...For many homeowners, the answer is a strong yes.Why? Because of one major factor working in your favor: your equity. Odds are, if you’ve lived in your home for a while, you know you have significant equity. But how much are we really talking about? The number might just change everything about your next move.The Hidden Wealth of HomeownershipHere’s how it works. When you own a home, you build up something called equity.Each time you make a mortgage payment, you’re chipping away at your loan balance. And that helps your ownership stake in your home grow. At the same time, home values typically rise – which drives up the overall value of your home.When you put those two things together, you’re building wealth automatically, month after month, year after year.And that combo can add up to real dollars that c. ...
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team raj jaggi, buyers, sellers, housing market, equity, mortgage rates, home owners
Tuesday, December 9, 2025 / by Joyce Dungca
New home construction today is giving buyers something it feels like they haven't gotten much lately: a real shot at both the home they want and the deal they need. More brand-new options are on the market right now, and builders are rolling out incentives that make these homes more affordable than many people expect.
It’s a combination that doesn’t come around often – and it’s putting buyers in a surprisingly strong position this season. Here’s why this moment matters and why it’s worth partnering with your own local agent to take advantage of it.
1. More New Homes Are Available Now – and That May Not Last
There’s more new construction on the market today than normal. And for buyers, that means:
More cutting-edge communities
More move-in-ready homes
More floor plans to pick from
More upgraded designs and modern features
But that variety may not last.
Data from Zonda shows ...
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team raj jaggi, buyers, sellers, housing market, mortgage rates
Monday, November 17, 2025 / by Joyce Dungca
After several years of high mortgage rates and hesitation from buyers, momentum is quietly building beneath the surface of the housing market. Sellers are reappearing. Buyers are re-engaging. And for the first time in what feels like forever, there’s movement happening again.
No, it’s not a surge. But it is a shift – and it’s one that could set the stage for a stronger year in 2026.
So, what’s driving the comeback? Here are three big trends that are slowly breathing life back into the housing market right now.
1. Mortgage Rates Have Been Coming Down
Mortgage rates are always going to have their ups and downs – that's just how rates work. Especially with the general economic uncertainty right now, some volatility is to be expected. But, if you zoom out, it’s the larger trend that really matters most.
And overall, rates have been trending down for most of this year (see graph below):
And in just t ...
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team raj jaggi, buyers, sellers, housing market, mortgage rates, home owners, home buyers
Wednesday, October 29, 2025 / by Joyce Dungca
Mortgage rates have been the monster under the bed for a while. Every time they tick up, people flinch and say, “Maybe I’ll wait.” But here’s the twist. Waiting for that perfect 5-point-something rate could end up haunting your wallet later.
The Magic Number
According to the National Association of Realtors (NAR):
“. . . a 30-year fixed rate mortgage of 6% would make the median-priced home affordable for about 5.5 million more households—including 1.6 million renters. If rates were to hit that magic number, it’s likely that about 10%—or 550,000—of those additional households would buy a home over the next 12 or 18 months.”
When the market hits that mortgage rate sweet spot, as expert forecasters are starting to say is more likely in 2026, the psychological shift to lower rates will kick in for more of today’s hopeful buyers. That will unleash some pent-up demand t ...
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team raj jaggi, buyers, sellers, housing market, mortgage rates, home buyers