Can a Mortgage Be Denied After Pre-Approval: The Approval Process
When you’re ready to buy a home, pre-approval is an important part of the process. You talk to a lender who will go over your situation and then give you a pre-approval letter. The letter helps determine your budget and
An Expert Provides Clarity in Today’s Housing Market
The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert
Spring Into Action: Boost Your Home’s Curb Appeal
To sell your home this spring, it may need more preparation than it would have a year or two ago. Today’s housing market has a different feel. There are more homes for sale than there were at this time last
Mortgage Rates Just Hit a 4-Month Low, But Do Buyers Even Care?
Mortgage rates are down again this week, which means things are looking up for homebuyers. The average rate for a 30-year fixed-rate mortgage ticked down 2 basis points to 6.13%, according to Freddie Mac, continuing a pattern of rates seesawing lower since topping
Should You Rent Your House Or Sell It?
If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment
New Year’s Resolution: Invest in Real Estate
Stocks mainly pay when they appreciate and bonds via coupons, but real estate offers five profit centers, such as income, tax savings and principal paydown. NEW YORK – If you invest in stocks or bonds, you may be more accustomed to
Should Sellers List Now or Try to Wait It Out?
With home prices’ peak likely in the rear-view mirror, should sellers waiting to maximize profit jump in before it’s too late or wait and hope for another market reversal? FORT LAUDERDALE, Fla. – As the housing market has cooled considerably, sellers
6 Questions Your Loan Officer is Going to Ask
Even if it’s not your very first home purchase, you need to be prepared to provide your loan officer with what is required. Experienced home buyers may also have forgotten all the things provided and questions asked. For this audience,
The Latest On Supply And Demand In Housing
Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below
3 Surprising Reasons Home Sales Are Falling Through Today—and How Sellers Can Save the Deal
For the past few years, anyone who wanted to sell their home was pretty much guaranteed a buyer, but that’s no longer the case. During the height of the COVID-19 pandemic, a seller’s market reigned, where buyers would do just about anything to