Congratulations! You’ve Found a Home
Congratulations! You have applied for a mortgage, are pre qualified and found a home to buy ! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able […]
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The worst thing clients can do presently is wait to see if rates dip.
Market Update with Mark Sprague Summer 2023 By Mark Sprague, State Director of Information Capital Independence Title The market had hoped that moderating inflation would have a positive impact on rates by the middle of this year. Not going to happen. Not happening for the rest of the year. While inflation has shrunk / slowed, […]
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5 Powerful Reasons to Own Instead of Rent
5 Powerful Reasons to Own Instead of Rent Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater […]
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Things to Avoid After Applying for a Mortgage
Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will be able to tell you how […]
Read More5 Things New Homeowners Waste Money On
Becoming a homeowner is an exciting milestone, but it also comes with financial responsibilities. While it’s natural to invest in your new space, it’s important to spend wisely and avoid unnecessary expenses. Unfortunately, many new homeowners fall into common traps and end up wasting their hard-earned money on things that don’t add much value or […]
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Mid-Year Market Update
The real estate industry is an ever-changing landscape where the future is difficult to predict. Whether you are a potential homebuyer, seller, or investor, staying informed about the latest developments is crucial for making informed decisions. Below are a few of the latest trends in the market as well as some predictions for the rest […]
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Why the Median Home Price Is Meaningless in Today’s Market
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the blogs […]
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Should You Reduce Your Listing Price after Two Weeks in the Current Market, or Is That Too Soon?
Over the past few years, homeowners have gotten used to the idea that pretty much every house sells quickly and for over the asking price. Houses were selling in such record time that most sellers never even had to consider the thought of reducing their price. But the market has changed recently, due in large part to […]
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