The housing market in 2021 anThe housing market in 2021 and part of 2022 was anything but normal. Mortgage rates were at all time lows and may never reach those levels again. Double-digit appreciation drove prices to new heights. Low inventories fueled by high buyer demand made multiple offers a normal expectation. As we look at the market snapshots provided by MLS in the …
Tasks I’ll tackle on your behalf…
Once we have accomplished finding your home and choosing a rate with a lender/bank that works with your budget and expectations, we need to focus our attention on those items to accomplish during the due diligence period. A home inspection is one of those key tasks. I have a list of home inspectors clients have been impressed by and it …
Home Insurance is Affected by a Number of Factors…
Multiple factors affecting risk involved determine a homeowner’s insurance premium.
The Marketability of a Home Warranty for both Buyers and Sellers alike…
Watch this video [by clicking on the link] and see why Home Warranties are so important in the homebuying process for both Buyers and Sellers.
Getting Comfortable with the New Normal in Mortgage Rates…
The biggest shock to homebuyers is the soaring mortgage rates of 2022 that doubled in one year resulting in approximately 15 million mortgage ready buyers displaced from the market due to affordability issues. As of February 23, 2023, the 30-year fixed rate mortgage was at 6.5%. While that is twice as high as it was on January 6, 2022, it is still lower than the …