Homebuyers feel good about where mortgage rates are headed

March 5, 2024

Consumer homebuying optimism has increased due to job security and lower mortgage rates, reaching the highest level in nearly two years. The number of consumers feeling secure about their jobs rose, and many expect mortgage rates to continue dropping. However, the outlook on housing remains dim, with affordability still a concern. Home prices are expected to remain stable or increase, with little chance of significant drops. The Federal Reserve is…

Read More >>

Why There Won’t Be a Recession That Tanks the Housing Market

March 5, 2024

There’s been a lot of recession talk over the past couple of years. And that may leave you worried we’re headed for a repeat of what we saw back in 2008. Here’s a look at the latest expert projections to show you why that isn’t going to happen.   According to Jacob Channel, Senior Economist at LendingTree, the economy’s pretty strong: “At least right now, the fundamentals of the economy, despite…

Read More >>

What To Know About Credit Scores Before Buying a Home

March 4, 2024

If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article from US Bank explains: “A credit score isn’t the only deciding factor…

Read More >>

The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC]

March 1, 2024

Some Highlights If you’re looking to buy a home in 2024, getting pre-approved is a key piece of the puzzle. Mortgage pre-approval means a lender checks your finances and decides how much you’re qualified to borrow. As more buyers re-enter the market, it’ll help you make a strong offer that stands out from the crowd. Talk to a trusted professional to learn more and begin your homebuying process today.

Read More >>

Why We Aren’t Headed for a Housing Crash

February 29, 2024

If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very different than it was before the housing crash in 2008. Here’s why. It’s Harder To Get a Loan Now –…

Read More >>

Why You Want an Agent’s Advice for Your Move

February 28, 2024

No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. You need insights from the pros to help you feel confident in your decision. Freddie Mac explains it like this: “As…

Read More >>

Why Today’s Housing Supply Is a Sweet Spot for Sellers

February 27, 2024

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why. An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the last normal year in the…

Read More >>