If you’ve been keeping an eye on real estate lately, you know there’s a lot happening. Between rising builder incentives, strong homeowner equity, shifting rental strategies, and questions about foreclosures, today’s market might feel confusing. Let’s break it all down so you can make informed decisions for your situation.

1. Should You Rent Instead of Sell?

If your house has been sitting on the market longer than expected—or you’re not getting the offers you want—you may be tempted to rent it out. Renting can sound appealing, especially with rental demand still strong in many areas.

But before you make the switch, consider:

• Being a landlord comes with responsibilities. From maintenance to tenant management, it’s a hands-on job.

• The numbers matter. Will the rent cover your mortgage, taxes, insurance, and upkeep?

• Future plans. Renting your home may delay your ability to buy your next one.

For many homeowners, selling may still be the better long-term move.

2. Homeowners Are Sitting on Record Equity

Here’s some good news: most homeowners today are in a very strong position. Over two-thirds of homeowners have either fully paid off their mortgage or have at least 50% equity.

That means if you’re thinking about selling, you’ve got a powerful advantage. Equity can help you:

• Make a larger down payment on your next home.

• Avoid private mortgage insurance (PMI).

• Build long-term financial security.

In other words, your home is more than just a place to live—it’s a wealth-building tool.

3. Mortgage Health and Foreclosure Concerns

You might hear headlines about rising mortgage delinquencies and wonder if that means a wave of foreclosures is coming. The truth: while delinquencies have ticked up slightly, they’re nowhere near the crisis levels of the past.

Today’s homeowners are better positioned to weather challenges because of strong equity. Even if someone faces financial hardship, having equity gives them options (like selling before foreclosure becomes a risk).

4. Builders Are Offering Big Incentives

If you’re considering buying new construction, now may be a great time. Builders are offering the biggest incentives in the past five years—things like rate buy-downs, upgrades, and price cuts—to attract buyers.

That means your budget might stretch further than you think, especially if you compare incentives across different communities.

The Bottom Line

The housing market is full of moving parts, but here’s what’s clear:

• Renting vs. selling is a big decision—know your numbers first.

• Homeowners have strong equity, which provides stability and opportunity.

• Foreclosures aren’t a looming threat like in the past.

• Builders are motivated, and buyers can benefit.

No matter your situation—whether you’re selling, buying, or considering renting—it pays to have a trusted advisor by your side to help you navigate today’s market with confidence.