The pandemic led to a huge increase in remote work. There are advantages to remote work, including how it affects your home buying. Why is your remote work tied in any way to your home search? There are actually several ways. Working from Home Offers Flexibility In the 2022 housing market, you have to act […]
It’s no secret that low interest rates over the past two years have been fueling the fire under the housing market. Low borrowing costs combined with the already low inventory levels have been driving up prices. But rates are on the rise. The 30-year fixed mortgage rate topped 4% earlier this month for the first […]
A lot of clients have been reaching out to ask about credit lately. One of the most common questions fielded is how to improve your credit score. No problem – we hear you, and we’ve put together this short step-by-step article to help you out. Step #1: Raise Your Credit by Opening a New Account Yes, […]
Today’s real estate market is an interesting one. Home prices are going up fast. Homes don’t stay on the market for very long before they get swiped up by buyers. Home sellers are getting a lot more than list price just due to the high demand. This can be demotivating for homebuyers. You’ve been so excited […]
It’s hardly a secret that the residential real estate market has been starved for listings since late 2020. Everyone from first-time homebuyers to seasoned real estate investors are struggling to get their offers accepted. Available home inventory in January of this year was at a 1.6-month supply – another record low. What does that really […]
The Russian invasion of Ukraine has taken the world by storm. And while the United States has been mostly uninvolved in the conflict, US homebuyers are wondering how it will affect American markets, particularly the housing market. Stock Market Volatility In all honesty, the only predictable component of war is unpredictability. There has been increased […]
2022 tax season is upon us, and if you are a homeowner you are likely wondering how to take advantage of mortgage interest tax deductions. IRS rules regarding mortgage interest tax deductions can be very complicated. As you look ahead to tax season, here’s a guide to help you understand what interest qualifies for the […]
If you are not putting 20% down on your home purchase, Private Mortgage Insurance (PMI) will be a factor to consider when calculating your monthly housing budget. PMI is insurance that protects the lender against losses in the rare case a mortgage borrower is not able to repay the loan and the lender is not […]
Homebuyers have officially shaken off their holiday hangovers and are eager to get going with their homebuying plans. Following the gangbusters year the housing market had, questions are forming about what’s going to happen with housing prices and interest rates going forward. While we can’t predict with 100% accuracy, there are some important metrics you […]