When you buy a home, you're making a difference in your community.
When the supply of houses for sale is as low as it is right now, it’s much harder for buyers to find homes to purchase. That creates increased competition among purchasers which leads to more bidding wars.
Today's housing market is nothing like it was in 2008. Let's connect if you have concerns about today's market so we can talk about why it's so different.
The process may move faster. Builders may not be able to guarantee when the house will be complete and ready for move-in due to supply chain challenges with materials like lumber and appliances. If you buy an existing home, not only is it ready, it also likely has a...
During the housing bubble, as prices skyrocketed, people were refinancing their homes and pulling out large sums of cash. As prices began to fall, that caused many to spiral into a negative equity situation (where their mortgage was higher than the value of the house).
Home Price Appreciation Will Continue, but Price Growth Will Likely Slow
Having a complete understanding of your budget and how much house you can afford is essential. That’s why you should connect with a lender to get pre-approved for a loan early in the homebuying process.
If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so.
Long gone are the days where you can buy a home with just 3-5% down. Today, Sellers are being bombarded with multiple offers and many buyers are going $50-$100K (or more) above list price AND using fancy terms such as an Appraisal Gap Clause and waived inspections.
Housing inventory is incredibly low, driving up buyer competition. This gives homeowners leverage to sell for the best possible terms, and it’s fueling a steady rise in home prices.