Buyer Questionnaire Please take a few moments to answer these questions. The more I know about you, the easier it is to fill your needs! Your Name___________________________________________________________________ Your Spouse’s_________________________________________________________________ Your Current Address___________________________________________________________ Home Phone ________________________________Cell Phone_________________________ Email Address_________________________________________________________________ Second Email … Continue reading...
What the Average Homeowner Made in the Last Year in Equity
If you’re a current homeowner, you should know your net worth just got a big boost. It comes in the form of rising home equity. Equity is the current value of your home minus what you owe on the loan. Today, you’re building that equity far faster than you may expect – and this gain is great news for you. Here’s how it happened. Home values are on the rise thanks to low housing supply and high buyer demand. Basically, there aren’t enough homes available to meet this high buyer interest, so bidding wars are … Continue reading...
Interest Rates
Rates Expected to Rise Amid Feds Taper Plan By Christopher Pataki Real Estate Agent with RE/MAX Associates RS - 0019092 REPORT With the final quarter of 2021 upon us, mortgage rates remain low and just above the all-time lows seen at the outset of the year when the 30-year fixed-rate mortgage hit 2.65%. As the U.S. economy grew and the labor market strengthened throughout the year, rates increased slightly, which is natural in an improving economy. Rates were held low due in part to the Fed's massive asset purchase program where it purchased up to $120B worth of … Continue reading...
Pricing a Home
Positioning your home properly in the market can be challenging in an appreciating market but your real estate professional can help you. … Continue reading...
Buyers Should Know
There are many non-financial benefits of buying your own home. However, todays headlines seem to be focusing primarily on the financial aspects of homeownership specifically affordability. Many articles are making the claim that its not affordable to buy a home in todays market, but that isn't the case. Todays buyers are spending approximately 20% of their income on their monthly mortgage payments. According to The Essential Guide to Creating a Homebuying Budget from Freddie Mac, the 20% of income that purchasers are currently paying is well within the … Continue reading...
Sweet for Sellers
Some Highlights In todays sellers market, you're set up to win big when you list your house. That's because homes are selling fast, receiving 4.4 offers on average and often selling above the asking price. Then, when you buy your next home, you'll also win by addressing your changing needs and taking advantage of near historic-low mortgage rates. If you're ready to make a move, lets connect so you can capitalize on todays market and find your next dream home. … Continue reading...
Now is the Time to Think About Buying
With Rents on the Rise – Is Now the Time To Buy? According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. … Continue reading...
Interest Rates are Still Low, Buy Now!
If your aspiration is to own a home or move to a larger one, now is a good time with careful consideration. … Continue reading...
Why Wait!
Waiting To Buy a Home Could Cost You Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and home prices rise. Even the slightest change in the mortgage rate can have a big impact on your buying power no matter your price point. Don’t assume waiting will save you money. Let’s connect to set the ball into motion today while mortgage rates are hovering near historic … Continue reading...
Why We are Not in a Housing Bubble
With home prices continuing to deliver double-digit increases, some are concerned were in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn't driven by risky mortgage loans. Back in 2006, nearly everyone could qualify for a loan. The Mortgage Credit Availability Index (MCAI) from the Mortgage Bankers Association is an indicator of the availability of mortgage money. The higher the index, the easier it is to obtain a mortgage. The MCAI more … Continue reading...