Real Estate

If you’re thinking about buying or selling a home, you’ve probably got
mortgage rates on your mind. That’s because you’ve likely heard that
mortgage rates impact how much you can afford in your monthly mortgage
payment, and you want to factor that into your planning. Here’s what you
need to know.

The housing market is in a transition. And that gives you 3 key
opportunities going into the fall. There are more homes actively for sale.
Builders are motivated to sell, so a newly built home may be more
achievable than you think. And mortgage rates have come down from their
recent peak. If you’re ready and able to buy, you may find the housing
market this fall a bit easier to navigate. Let’s connect to get started.

When you’re thinking about buying a home, your credit score is one of the
biggest pieces of the puzzle. Think of it like your financial report card
that lenders look at when trying to figure out if you qualify, and which
home loan will work best for you. As the Mortgage Report says:

In recent years, there’s been a significant shift in how wealth is
distributed among generations. It’s called the Great Wealth Transfer.

Over the past couple of years, a lot of people have had a hard time buying
a home. And while affordability is still tight, there are signs it’s
getting a little better and might keep improving throughout the rest of the
year. Lawrence Yun, Chief Economist at the National Association of Realtors
(NAR), says:

Wondering how to get your house ready for the inspection? You may want to
do some select repairs before listing to get ahead. To decide what’s worth
tackling, you need expert advice. Let’s chat so you know what to
prioritize.

One of the biggest bright spots in today’s housing market is how much the
supply of homes for sale has grown since the beginning of this year. 

If you’re thinking about selling your house, it’s important to know what
the home inspection is and what inspectors look for. As supply grows and
buyers regain negotiation power, you may find you want to do some select
repairs with a good return on investment before listing to get ahead of
things a buyer may ask you to fix. To decide what’s worth tackling, you
need expert advice. Let’s chat so you know what to prioritize.

If you’re planning to sell your house and move, you probably know there’s
been a shortage of options available. But here’s the good news: the supply
of homes for sale has grown in a lot of markets this year – and that’s not
just existing, or previously-owned, homes. It’s true for newly built homes
too.

Mortgage rates have been one of the hottest topics in the housing market
lately because of their impact on affordability. And if you’re someone
who’s looking to make a move, you’ve probably been waiting eagerly for
rates to come down for that very reason. Well, if the past few weeks are
any indication, you may be getting your wish.