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Pre-approval

Your first step is to get pre-approved!! In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market that is not as competitive, understanding your budget will give you the confidence of knowing if your dream home is within your reach. Freddie Mac lays ou...

April 30th, 2018 Pre-approval

Winter 2018 Guide to House Prices

Winter 2018 Guide to House Prices House prices are determined by housing supply, housing demand, and housing affordability. Housing Supply: What's the Outlook? Housing supply measures how many months it would take to sell all the houses currently listed for sale, at the current pace of home sales. For example, if there are 600 homes currently listed for sale, and an average of 100 homes are selling each month, there would be a 6-month housing supply. This is because it would take 6-months to sell all the homes currently listed for sale. A buyer’s mar...

January 18th, 2018 Winter 2018 Guide to House Prices

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