Take Away A pre-approval letter from your lender signals a “green light” to sellers that you’re a serious buyer. You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and […]
With Mortgage Rates Climbing, Now’s the Time To Act
Take Away How high will mortgage rates go in 2022 Freddie Mac just announced their 30-year fixed mortgage rate was at 3.1%. However, most experts believe mortgage rates will rise as the economy recovers. Here are the forecasts for the fourth quarter of 2022 by the three major entities mentioned above: Fannie Mae: 3.4% Freddie […]
What’s Going To Happen with Home Prices This Year?
Take Away “Over the past year, we have seen one of the most robust seller’s markets in a generation. While increased interest rates may help cool down homebuying activity, we expect 2022 to be another strong year with continuing upward price growth.” Frank Martell President and CEO of CoreLogic After almost two years of double-digit […]
Why Waiting To Sell Your House Could Cost You a Small Fortune
Take Away There won’t be a wave of Foreclosures in the Housing Market in 2022 Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected […]
Here’s to a Wonderful 2022!
Thank You for All of Your Support
Thank You for All of Your Support
The Average Homeowner Gained $56,700 in Equity over the Past Year
Take Away: This summer, home price growth reached the highest level in more than 45 years, pushing equity gains to another record high and allowing 70,000 properties to regain equity in the third quarter of 2021. These equity gains provided a crucial barrier against foreclosure for the 1.2 million borrowers who reached the end of […]
A Happy Tail: Pets and the Homebuying Process [INFOGRAPHIC]
Take-Aways Nearly Half of Americans would move for their Pets. 43% of households would change their living situation for their pets. 68% say community animal policies influenced where they chose to live.