A Recession Doesn’t Mean a Housing Crisis
There’s a lot of talk about a recession lately and how the odds of one are rising.
Things To Avoid After You Apply for a Mortgage
Once a lender has reviewed your finances as part of the homebuying process, you want to be as consistent as possible. Don’t make any big changes that could affect your mortgage application.
National Housing Trends To Watch
Some Highlights
- At a national level, the housing market has shifted over the past year.
- There are more homes for sale, price growth has moderated, and homes are taking a little longer to sell.
- Do you want to know how your area compares? Connect with a real estate agent to go over what’s happening locally and what this means for you.
Your Roadmap to Homeownership
Some Highlights
- Buying a home isn’t just a transaction – it’s a journey. And like any great adventure, having a solid roadmap makes all the difference.
- From building your dream team to getting pre-approved, house hunting, and signing the papers on closing day – each milestone is an achievement.
- Your journey starts here. Connect with an agent so you have help every step along the way.
What You Need To Know About Pre-Approval
Some Highlights
- Before you even start looking at homes, there’s something you should do first – and that’s get pre-approved for your mortgage.
- Pre-approval is when a lender checks your finances and decides how much you’re qualified to borrow for your home loan. This helps you determine your budget and makes your offer stand out for sellers.
- Connect with a trusted lender to get the process started.
Do You Know What Your House Is Really Worth?
Some Highlights
- Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think.
- Nationally, prices are up nearly 60% since 2019. And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move.
- If you want to know how much your home is worth in today’s market, reach out to a local agent. The number may surprise you.
