Category: Financial
-
Foreclosures and Bankruptcies Won’t Crash the Housing Market
If you have been following the news recently, you might have seen articles about an increase in foreclosures and bankruptcies. That could be making you feel uneasy, especially if you’re thinking about buying or selling a house. Even though the numbers are going up, the data shows the housing market isn’t headed for a crisis.…
-
Down Payment
Saving for a Down Payment? Here’s What You Need To Know If you are planning to buy your first home, then you are probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If…
-
Balancing Your Wants & Needs as a Homebuyer this Spring
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than…
-
2023 Mortgage Rate Projections
Now is the time to renew your plans to purchase your dream home. Inventory is at a low. This could work to your advantage because there may be fewer buyers bidding on homes. Take the time now to ensure you have a favorable credit. Connect with a reliable lender to find out what your options…
-
Pre-Approval in 2023
What You Need To Know One of the first steps in your homebuyers journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. In a pre-approval, the lender tells you what types of loans you may be eligible to take…
-
The Truth About Negative Home Equity Headlines
Home equity has been a hot topic in the real estate news lately. If you have been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s…
-
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…
-
INVESTMENT
More Americans Choose Real Estate as the Best Investment than Ever Before Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it…
-
Vacation Home
Should you Buy a Vacation Home Before a Starter Home? At the height of the pandemic, a millennial packed up his family of four in Brooklyn and sought refuge in upstate New York. Buying property was no small investment. Cities were largely shut down. Rural prices seemed attractive. Housing in Brooklyn was out of sight.…