The year 2022 made history in the real estate market in several ways. Unprecedented numbers were seen in home prices, number of sales, and rise in mortgage rates. It’s early 2023, and we are in the midst of a significant market shift where home prices are declining month over month, and mortgage rates are still… Continue Reading
If you are looking to get approved for a home loan, you may be vaguely familiar with what it takes to pass the underwriting process and get approved. Most people only get a home loan every few years at the most so it is understandable that the average person doesn’t know the fundamentals of getting… Continue Reading
Well, it’s mid-November 2022, and the Real Estate market as well as the mortgage market, continue to spiral. Mortgage rates have been above 7% for over a month and well above 6% for several of the last 6 months. It’s a bit of a meltdown. But no worries, there is a savior in town! The… Continue Reading
We continue to look at the housing market shift this week. Last week we covered the impact that rising rates, shrinking affordability, and increasing supply of homes are having on the market. We specifically covered some fundamentals that make certain geographic areas more vulnerable to a crash than others. Today, we will look at three… Continue Reading
It’s October 2022, and the housing reports for the 3rd quarter of 2022 are out. It is no surprise that the housing market has been cooling down over the past few months. What is a bit of a shock is just how drastic the change has been in some areas of the country. Real Estate… Continue Reading
If you think you need hundreds of thousands of dollars to start investing in Real Estate, read on and find out how you can start investing with little or no money, the legitimate way. This is not a midnight infomercial style approach with dubious-looking characters in funny suits aboard luxury yachts! This is 100% above… Continue Reading
Home loans for people with bad credit are surprisingly available. If you have had credit challenges in the past and want to refinance or buy a home, you have options. There are excellent loans such as FHA and VA loans that give you the opportunity to buy or refinance a home even if you have… Continue Reading
The decision to keep renting or to buy a home is one of the most significant decisions adults will make in a lifetime. As we currently face one of the most challenging times in housing history, deciding whether to do one or the other seems even more complex. The younger generation looking to move out… Continue Reading
Buying a home is a process with many steps. Practically anyone who has started that journey eventually contacted a Real Estate agent, and the question has come up: Have you been pre-approved? The homebuyer may have been pre-qualified by a lender and may think that it is the same thing. Unfortunately, pre-qualification and pre-approval are… Continue Reading
Current reports on housing from multiple sources indicate that the housing market’s future is unlikely to be the same as its recent past. Over the last decade, the US housing market has seen a run-up in home prices unlike any other time in history. Many experts predict that the coming correction will not be as… Continue Reading