Is the housing market on the edge of a downturn?

Buying or selling a home? Here’s what you need to know ͏ [Better] [Better]( Homebuyers Homebuyers Why a crash isn’t in the cards Worried about the future of the housing market? You’re not alone. Experts say prices may fall, but the housing market will remain stable because: 01 01 Default activity is record low. Today’s homeowners tend to have stronger credit, mortgages with generally favorable interest rates, and more equity in their homes. 02 02 Demand still far outpaces supply. Construction of new homes has lagged in recent years, and this shortage combined with sustained demand should keep prices from tumbling. 03 03 Lending is more controlled. There are more strict lending standards in place to ensure that buyers borrowing money today are able to pay back their home loans. Ready to kickstart your home buying journey? Filter by price, neighborhood, school ratings, and more [Start searching for homes ->]( Ready to kickstart your home buying journey? Filter by price, neighborhood, school ratings, and more [Start searching for homes ->]( Mortgage Mailbag 🏡 Mortgage Mailbag 🏡 Q: I’m in my 20s. Is that too young to buy a house? A: It probably goes without saying, but buying a home is a deeply personal financial decision that depends on a variety of factors—there’s no “wrong” age to buy! Having said that, most people purchasing homes today are first-time buyers under the age of 40.1 That’s a big pool of buyers considering half the US population is millennial-aged or younger!2 Better Follow us for more homebuying tips and tools [Follow us on Instagram ->]( Better Follow us for more homebuying tips and tools [Follow us on Instagram ->]( Home Sellers Home Sellers The argument for selling sooner The recent spike in interest rates has given many sellers pause—fair enough—but one factor that might outweigh interest is earned equity. Sellers with more equity can likely afford a larger down payment on their next home, which in turn lowers the amount of their monthly mortgage payment. Curious to see how your equity could impact your homebuying budget? Home Inspection 🔎 Home Inspection 🔎 In what year were interest rates at a historic high? A) 1981 B) 2001 C) 2008 D) 2022 Find the answer at the bottom of this email. Better Real Estate Want to list your home for 0%? Talk to an agent.3 [Connect with an Agent ->]( Better Real Estate Want to list your home for 0%? Talk to an agent.3 [Connect with an Agent ->]( Homeowners Homeowners Renovation dollars go further in the fall Mark your calendars! Autumn is a great time of year for investing in your home. Luckily, Black Friday (November 25) and Cyber Monday (November 28) are around the corner. Start brainstorming about areas of your home that could use a little bit of TLC before sales begin. Black Friday and Cyber Monday deals offer tons of value on big-ticket items. From major appliances (like washer/dryers and refrigerators), to tools (like pressure washers), to home amenities (like fire pits and outdoor furniture), Black Friday or Cyber Monday could be the perfect time to buy that new TV for the living room you’ve been thinking about, or a smart vacuum to make household chores easier. We’ll shop for your lowest rates across home, auto, and more We do all the work so you can bundle and save. [Find out how ->]( We’ll shop for your lowest rates across home, auto, and more We do all the work so you can bundle and save. [Find out how ->]( In what year were interest rates at a historic high?4 A. 1981 B. 2001 C. 2008 D. 2022 Questions? Let us know purchase@better.com [415.523.8837](tel:1415-523-8837) 1 [Source]( 2 [Source]( 3 [See Better Real Estate Listing Fee Discount Terms and Conditions. Available to buyers using a Better Real Estate Agent in AZ, CA, CO, FL, GA, IL, MD, MI, NY, NC, PA, SC, TX, VA, WA and DC. Better Real Estate's 1.5% listing fee is available to buyers in all remaining Better Real Estate licensed states: AL, NJ, OR, TN."]( 4 [Source]( [Better] [Better] [social]( [social]( [social]( [social]( *This is not a commitment to lend. [Terms and conditions]( apply. Interest rate and annual percentage rate (APR) are for informational purposes only. Not available in all states. Rates and APRs assume a borrower with above average credit. The APR listed above is an estimate and may not include all applicable fees. Your APR may differ based on current market rates, credit score and other variables. Personal line of credit provided by Notable Finance LLC. Notable is a direct lender dedicated to providing a fast, transparent digital lending experience backed by superior customer support. All rights reserved. © Notable Finance, LLC | 6 Landmark Sq, Fl 4, Stamford, CT 06901 NMLS #1824748. Notable is a registered trademark with the U.S. Patent and Trademark Office. California customers: Loans made or arranged pursuant to a California Finance Lenders Law License. Not available in all states. © 2022 Better Holdco, Inc. and/or its affiliates. Better is a family of companies. Better Mortgage Corporation provides home loans; Better Real Estate, LLC provides real estate services; Better Cover, LLC provides homeowners insurance policies; and Better Settlement Services provides title insurance services. All rights reserved. Home lending products offered by Better Mortgage Corporation. Better Mortgage Corporation is a direct lender. NMLS #330511. 3 World Trade Center, 175 Greenwich Street, 57th Floor, New York, NY 10007. Loans made or arranged pursuant to a California Finance Lenders Law License. Available in all states. Equal Housing Lender [Equal Housing Lender]. [NMLS Consumer Access]( The Better Home Logo is Registered in the U.S. Patent and Trademark Office BETTER MORTGAGE RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, PROMOTIONS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. 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Department of Banking and Insurance (#330511); New Mexico Mortgage Lender License (#330511); Licensed Mortgage Banker - NYS DFS (#LMB-109666); Ohio Residential Mortgage Lending Act Certificate of Registration (#RM.804430.000); Oklahoma Mortgage Lender License (#ML011933); Oregon Mortgage Lending License (#ML-5310); Pennsylvania Mortgage Lender License (#46959); Rhode Island Mortgage Lender License (#20183669LL); South Carolina-BFI Mortgage Lender/Servicer License (#MLS-330511); South Dakota Mortgage Lender License (#ML.05201); Tennessee Mortgage License (#136757); Texas Mortgage Lender License (#330511); Utah Mortgage Entity License (#11448204); Vermont Lender License (#7618); Virginia Lender License (#MC-5863); Washington Consumer Loan License (#CL-330511); Wisconsin Mortgage Banker License (#330511BA); West Virginia Mortgage Lender License (#ML36354); Wyoming Mortgage Lender License (#3369); Nevada Mortgage Company License (# 5267) Better Real Estate, LLC dba BRE, Better Home Services, BRE Services, LLC and Better Real Estate, and operating in the State of California through its wholly owned subsidiary Better Real Estate California, Inc. (collectively, “Better Real Estate”) is a licensed (License No. 02164055) real estate brokerage and maintains its corporate headquarters at 3 World Trade Center, 175 Greenwich Street, 59th Floor, New York, NY 10007. A full listing of Better Real Estate, LLC’s license numbers may be found [here](. Equal Housing Opportunity. All rights reserved. Better Real Estate employs real estate agents (“Better Real Estate Agents”) and also maintains a nationwide network of partner brokerages and real estate agents (“Better Real Estate Partner Agents”). Better Real Estate Partner Agents work with Better Real Estate to provide high quality service outside the service area covered by Better Real Estate Agents or when Better Real Estate Agents experience excessive demand. Better Settlement Services, LLC. 3 World Trade Center, 175 Greenwich Street, 59th Floor, New York, NY 10007 Homeowners insurance policies are offered through Better Cover, LLC, a Pennsylvania Resident Producer Agency. License #881593. 3 World Trade Center, 175 Greenwich Street, 59th Floor, New York, NY 10007 Better Cover is Registered in the U.S. Patent and Trademark Office. Better Mortgage Corporation, Better Real Estate, LLC, Better Settlement Services, LLC and Better Cover, LLC are separate operating subsidiaries of Better Holdco, Inc. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation, and applicable and legal and regulatory requirements. Products not available in all states. The Better Home Logo is Registered in the U.S. Patent and Trademark Office This email was intended for {EMAIL} [View this email online]( | [Unsubscribe](