Why Home Prices Keep Going Up
If you’ve dreamed of buying your own home or selling your current house to upgrade, then you’re no stranger to the rollercoaster of emotions that changing home prices can stir up. It’s a tale of financial goals, doubts, and a dash of anxiety that many have been through. But if you put off moving because […]
Start Your Home Search By Getting Pre-Approved for a Mortgage
If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate […]
People Want Less Expensive Homes – And Builders Are Responding
In today’s housing market, there are two main affordability challenges impacting buyers: mortgage rates that are higher than they’ve been the past couple of years, and rising home prices caused by low inventory. As a result of these factors, people want less expensive homes that they can afford to buy. To overcome those challenges, many people are working with their real […]
Why You Need a True Expert in Today’s Housing Market
The housing market continues to shift and change, and in a fast-moving landscape, like we are in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, you need a true expert in today’s housing market who can guide […]
Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And, after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why you don’t need to fear the return of […]
Don’t Fall for the Next Shocking Headlines About Home Prices
If you’re thinking of buying or selling a home, one of the biggest questions you have right now is probably: What’s happening with home prices? And it’s no surprise if you don’t have the clarity you need on that topic. Part of the issue is how headlines are talking about prices. We advise that you don’t fall for […]
Explaining Today’s Mortgage Rates
If you’re following mortgage rates because you know they impact your borrowing costs, you may be wondering what the future holds for them. Unfortunately, there’s no easy way to answer that question because mortgage rates are notoriously hard to forecast. At the same time, there are markers that assist us in explaining today’s mortgage rates. One thing that historically is a […]
Homebuyers Are Getting Used to the New Normal
Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are getting used to the new normal and adapting to today’s mortgage rates. To better understand what’s been happening with mortgage rates lately, the graph below shows the trend for […]
What Homebuyers Need To Know About Credit Scores
If you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, pay back debts, and more. It’s also a factor that helps determine the mortgage […]
Evaluating Your Wants and Needs as a Homebuyer Matters More Today
When it comes to buying a home, especially with today’s affordability challenges, evaluating your wants and needs as a homebuyer matters more today than ever. And, today’s higher mortgage rates are impacting how much it costs to borrow money for your home loan. To help offset today’s higher borrowing costs, some homebuyers are taking a […]
