The Power of Shopping Local: Why Supporting Small Businesses Matters In today’s fast-paced, convenience-driven world, it’s tempting to click “Add to Cart” from a massive online retailer or visit a national chain for everyday needs. But there’s something magical about shopping local, supporting the businesses that form the heart and soul of your community. When […]
There’s an ongoing battle in the mortgage industry between experienced, full-service loan professionals and online lenders with inexperienced customer service representatives who offer a no-frills approach. It often takes a loan officer years of consistently exceptional work to earn the trust of real estate agents, leading them to refer clients. These professionals are not only […]
Hey there, sports fans and homeowners-to-be! It’s time to put on our thinking caps and tackle a topic that’s as exciting as a game-winning touchdown: mortgages. Yes, you heard that right. But fear not, because we’re going to make this as entertaining as a halftime show extravaganza. Now, let’s kick things off with a fun […]
Documents Needed to Buy a Home Gathering the paperwork and documents you’ll need to buy a house is a smart move, and it’s not as much work as you might expect – particularly when you know going in what you’re going to need. You’ll have an easier time with your mortgage during a stressful period, […]
Hope Is on the Horizon for Today’s Housing Shortage The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates […]
Impact of the Coronavirus on the U.S. Housing Market The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around […]
Homeownership Rate on the Rise to a 6-Year High Regardless of the lack of inventory on the market, the U.S. homeownership rate has climbed to a 6-year high. The United States Census Bureau reported that it increased to 65.1% in the fourth quarter of 2019, representing the highest level in the past six years. See the graph below:This increase […]
The #1 Reason It Is Difficult to Find Your Dream Home The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are taking longer to purchase a home because there […]
Where Homebuyers Are Heading By Generation [INFOGRAPHIC] Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have made it easier for many would-be buyers to […]
Buying a Home Early Can Significantly Increase Future Wealth According to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age 60. The good news is, our younger generations are strong believers in homeownership. According to a Freddie Mac survey, “The dream of homeownership is alive and well within “Generation […]
