Category: Sellers
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Housing Market in 2023
What to Expect The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And, in many ways, it’s put the market into a reset position. As the Federal Reserve made moves this year to try to lower inflation, mortgage rates more than doubled. This had a cascading impact…
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What Every Seller Should Know About Home Prices
If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here is what you really need to know. What’s Really Happening with Home Prices? It’s possible you have seen…
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Homeownership Investment
Homeownership Is an Investment in Your Future There are many people thinking about buying a home, but with everything affecting the economy some are wondering if it’s a smart decision to buy now or if it makes more sense to wait it out. If you are in that position, remember that it’s important to consider…
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Use Your Home Equity
If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments Home equity builds over time. It can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan…
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Prequalified Mortgage
Why You Should Get Prequalified for a Mortgage How does qualifying for a mortgage work? Mortgage prequalification is the first step in determining how much money a potential homebuyer can spend on a new house. During the process, a financial institution will review an applicant’s pertinent financial information. This includes credit, income and assets, and…
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Sell Your House Before the Holidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs,…
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New vs. Existing
Pros and Cons New Home Construction Pros: *Modern floor plan (open sapce, flex rooms, larger windows) *Delayed major maintenance costs (such as roof or HVAC) *Lower utility bills as a result of stricter building codes and newer energy efficient products *More upfront personalization Builder warranties on materials, workmanship and structural items Cons: *Higher upfront costs…
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Pre-Approval is a Critical First Step on Your Homebuying Journey
If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. In today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? A mortgage pre-approval is when…