Are you considering selling your house this spring? If so, you might be in a real sweet spot - learn more in this video: The number of homes for sale is up from last year but still lower than in pre-pandemic years. The most significant difficulty in the housing market right now, and certainly for the foreseeable future, is the scarcity of available homes in comparison to the...
Are you ready to buy a new home? Then be sure and watch this video to find out the difference between pre-qualified and pre-approved, as well as why you should get pre-approved first: Being pre-approved is one of the initial steps in the home-buying process. To understand why pre-approval is such a vital step, you must first grasp what it is and what it accomplishes for you. According to...
Are you thinking you should wait for rates to drop to 4% or maybe even 3%? Then Watch this: The Federal Reserve took action to try and lower inflation last year. Mortgage rates quickly increased in response to such initiatives from the all-time lows we experienced in 2021, reaching a peak of just over 7% last October. As a result, prospective buyers' purchasing power was reduced, which led to some of...
If you have just applied for a home loan, check out this video about what not to do so it doesn't get denied: Although it's terrific to begin planning your move and decorating once you've filed for a home loan, there are some important considerations to make before closing. Following your loan application, there are a few things you should avoid. Avoid Making Large Cash Deposits Cash is hard to track...
Due to increasing mortgage rates, the housing market slowed down last year, which had an effect on property values. If you're considering selling your house soon, you should modify your expectations in line with that. As explained on realtor.com: “. . . some of the more prominent pandemic trends have changed, so sellers might wish to adjust accordingly to get the best deal possible.” In a more...
The most recent news stories about housing prices might be at the forefront of your mind if you're attempting to decide whether or not to sell your property. And if those stories have left you wondering what the impact of this will be on the value of your property, the following is the information that you really need to know. What Kind of Changes Are We Seeing in Home Prices? You've probably read...
There's no question that the housing market today is very different from the crazy one of the past few years. In the second half of 2022, there was a significant change in the real estate market, which made many people think of the housing crisis of 2008. Even though there may be some similarities, there are big differences when you look at key factors between now and the last housing cycle. In the most...
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