Buying

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Buying Mortgage Terminology: FICO Score Mortgage Terminology: FICO Score Did you know… ?  You will if you invest 30 seconds watching this.
Buying Overcoming Home Buying Obstacles There’s a path forward for everyone. A perceived roadblock may just be a speedbump. Everyone’s personal situation is different and there are highly successful professionals available to help identify a path to each goal. Don’t give up because you think you have no alternative(s). Click to watch my short video  
Buying Ways To Overcome Affordability Challenges in Today’s Housing Market
Buying Today’s Foreclosure Numbers Are Nothing Like 2008 You’ve likely seen headlines about increasing foreclosures in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening. According to a recent report from ATTOM, a property data provider, foreclosure filings are […]
Buying Buyer Activity WAY Up Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can be seen in […]
Buying Make Your Equity Work For You Homeowners build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity is the portion of your home you’ve paid off – in other words, your […]
Buying The Housing Market Faces Two Big Issues The housing market faces two big issues right now. The biggest challenge is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these […]
Buying Closing Costs, What Are They? While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for. What […]
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Buying Housing Market Expected to Crash…… Not! Is the housing market expected to crash? Where do people get their information?! Seriously, real estate pessimists need to reconsider their sources. Like so much of what is presented to us in the news media, doomsayers tell “A” story not “THE” story. 67% of Americans say a housing market crash is imminent in the next […]
Buying Housing Market Expected to Improve in 2023 “Transition, hopeful, ease up, expected” are all how experts describe their outlook for the 2023 housing market. The housing market has gone through a lot of change recently. Much of it due to how quickly mortgage rates rose last year. There are signs things are going to turn around in 2023. The recent home price appreciation […]
Buying Lower Mortgage Rates Are Bringing Buyers Back Rising mortgage rates caused the housing market to slow last year. As a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage […]
Buying Foreclosure Fear In Today’s Headlines You’ve seen recent headlines about foreclosures surging in the housing market. There’s no doubt, the stories can be confusing. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed. Understanding what that […]
Buying Home Price Headlines Highlights If you’re thinking about selling your house, recent headlines about home prices falling month-over-month may have you second guessing your decision—but perspective matters. While home prices are down slightly month-over-month in some markets, home values are still up almost 10% nationally on a year-over-year basis. A nearly 10% gain is still dramatic compared to the more normal level of appreciation, which is […]
Buying Pre-Approval in 2023: What You Need To Know One of the first steps in your homebuying 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. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to […]
Buying Understand These Important Terms Buying a home is a major transaction that can seem even more complex when you don’t understand these important terms used throughout the process. If you’re not comfortable asking your sales agent questions as they arise, find a new one! A professional embraces the fiduciary trust you place with them. You should ALWAYS feel confident […]
Buying Home Equity, The Truth About Negative Headlines Home equity has been a hot topic in real estate news lately. You may have heard there’s a growing number of homeowners with negative equity. 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 happening and at what scale. Let’s break down one of the […]
Buying Financial Fundamentals for First-Time Homebuyers Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. Build Your Credit Your credit is one […]
Buying Truth or Clickbait Some headlines out there intentionally paint today’s real estate market as doom-and-gloom – but when you take a step back you can see the historical data tells a different story. Take a look at the complete picture of where we are in regard to Homeowner Equity, Foreclosures, and Inventory.
Buying What’s Going on with Home Prices? Get Local Advice. If you’re thinking about buying or selling a home this year, you may have questions about what’s happening with home prices today as the market cools. In the simplest sense, nationally, experts don’t expect prices to come crashing down, but the level of home price moderation will depend on factors like supply and demand in each local market. That means, moving […]
Buying Top Questions About Selling Your Home This Winter Thinking of selling your home this winter? There’s no denying the housing market is undergoing a shift. You may be wondering if it still makes sense to sell your house. Here are three of the top questions – and the data that helps answer them – so you can make a confident decision. 1. Should […]
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