Pre-Approval in 2023: What You Need To Know

Pre-Approval in 2023: What You Need To Know

by | Jan 19, 2023 | Real Estate

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...
Have Home Values Hit Bottom?

Have Home Values Hit Bottom?

by | Jan 18, 2023 | Real Estate

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened...
Think Twice Before Waiting for 3% Mortgage Rates

Think Twice Before Waiting for 3% Mortgage Rates

by | Jan 17, 2023 | Real Estate

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing...
What Past Recessions Tell Us About the Housing Market

What Past Recessions Tell Us About the Housing Market

by | Jan 16, 2023 | Real Estate

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the...
Key Terms To Know When Buying a Home [INFOGRAPHIC]

Key Terms To Know When Buying a Home [INFOGRAPHIC]

by | Jan 13, 2023 | Real Estate

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to...
Is It Time To Sell Your Second Home?

Is It Time To Sell Your Second Home?

by | Jan 12, 2023 | Real Estate

During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home...