Dava Behrens, Real Estate Broker

Dava Real Estate

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If Housing Affordability Is About the Money, Don’t Forget This.

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There are many non-financial benefits of buying your own home. However, today’s headlines seem to be focusing primarily on the financial aspects of homeownership – specifically affordability. Many articles are making the claim that it’s not affordable to buy a home in today’s market, but ... » Learn More about If Housing Affordability Is About the Money, Don’t Forget This.

What Do Experts Say About Today’s Mortgage Rates?

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Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison. Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the ... » Learn More about What Do Experts Say About Today’s Mortgage Rates?

Are Houses Less Affordable Than They Were in Past Decades?

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There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive to buy a house today than it was in 2005? What about 1995? ... » Learn More about Are Houses Less Affordable Than They Were in Past Decades?

Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

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In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they'd prefer new construction to an existing home.” However, it ... » Learn More about Surprising Shift Favors Homeowners: Buyers Now Prefer Existing Homes

With Rents on the Rise – Is Now the Time To Buy?

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According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply recovering to ... » Learn More about With Rents on the Rise – Is Now the Time To Buy?