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 […]
Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon
You might remember the housing crash in 2008, even if you didn’t own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there’s good news – today’s housing inventory shows a crash isn’t on the horizon. That’s because the market now is very different from 2008. […]
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 […]
Owning Your Home Helps You Build Wealth
You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning your home helps you build wealth and is typically viewed as a good long-term investment. Homeownership Builds Wealth Regardless of Income […]
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 […]
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 […]
Why Homeownership Wins in the Long Run
Today’s higher mortgage rates, inflationary pressures, and concerns about a potential recession have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to think about the long-term benefits of homeownership when making your decision. Taking a long-term approach it becomes clear […]
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 […]
