Jun 28, 2022 | For Buyers, For Homeowners, For Sellers, Real Estate
Today’s real estate market is still competitive for buyers. If you fall in love with a home, chances are that other buyers have seen it too and you’ll be competing against them to get your offer accepted. Even though interest rates have increased, there still aren’t...
May 26, 2022 | For Buyers, For Sellers, Home Financing, Market Trends, Real Estate
The market seems to be reaching a tipping point. While home prices are still climbing nationally, the increased mortgage costs have also pushed some buyers out of the market. National home sales fell 2.7% in March, and mortgage applications dropped 5% in mid-April. ...
May 6, 2022 | Business, For Buyers, For Homeowners, For Sellers, Market Trends, Real Estate
In 2006 foreclosures flooded the market and that dramatically decreased home values. The two main reasons for the flood of foreclosures were: Many purchasers were not truly qualified for the mortgage they obtained, which led to more homes turning into foreclosures....
May 3, 2022 | For Buyers, For Homeowners, For Sellers, Local Market Reports, Market Trends, Real Estate
Due to pandemic-related disruptions over the past two years, the real estate market has completely changed and decidedly favors sellers. If you want to take advantage of this market and extract as much value out of your property as possible, now is the time to sell....
Apr 28, 2022 | For Buyers, Home Financing, Market Trends, Real Estate
Homebuyers could soon catch a break in this hot seller’s market. Sellers lowered prices and housing inventory grew after the average 30 year, fixed-rate mortgage passed 5% last week. Specifically, for the four weeks ending April 3rd, sellers dropped their asking...
Apr 26, 2022 | For Buyers, Home Financing, Real Estate, Rent vs Own
From checking how much you are likely to be able to borrow to planning ahead of an application. Get a Realistic Figure One of the first things you should do is get a realistic idea of how much you’ll likely be able to borrow so you can determine if it is worth...
