Buying VA Loans Can Help Veterans Achieve Their Dream of Homeownership For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should know about VA loans before you start the homebuying process. What […]
Buying What’s Ahead for Mortgage Rates and Home Prices? Now that the end of 2022 is within sight, you may be wondering what’s going to happen in the housing market next year and what that may mean if you’re thinking about buying a home. Here’s a look at the latest expert insights on both mortgage rates and home prices so you can make your best […]
Selling Define Slump Ask anyone who sold their home this year. If “Days On Market” is the gauge, they’ll tell you it’s still a good time to sell. Visit FieldstonePropertyGroup.com
Buying Affordability; Mortgage Rates Aren’t The Only Factor Every time there’s a news segment about the housing market, we hear about the affordability challenges buyers are facing today. Those headlines are focused on how much mortgage rates have climbed this year. And while it’s true rates have risen dramatically, it’s important to remember they aren’t the only factor in the affordability equation. Here […]
Buying Mortgage Buydown, A Good Option Do you need to buy a home but feel like you’ll be forced into a high interest rate mortgage? If interest rates recede as they’ve done after past recessions, a mortgage buydown may be a good choice. Interested to know more about the mortgage buydown option from Coast One Mortgage? Call me.
Selling 3 Questions You May Be Asking About Selling Your House Today
Buying Pre-Approval Is a Critical First Step on Your Homebuying Journey If you’re planning to buy a home this year, one of the first steps on your journey is getting pre-approved. Especially in today’s market when mortgage rates are higher than they were just a few months ago, getting a mortgage pre-approval can be a game changer. Here’s why. What Is Pre-Approval? To better understand why pre-approval is key, it’s important to know what […]
Buying What’s Ahead for Home Prices? As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. But what’s true? What’s most likely to happen moving forward? […]
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Buying Fixed Housing Costs; The Best Hedge Against Inflation If you’re ready and able to do so, becoming a homeowner can provide lasting stability and a reliable shelter in times of economic uncertainty. While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still high, remaining around 8%. This news impacted the stock market and added fuel to the fire […]
Buying Housing Supply and Demand… The Latest Over the past two years, the substantial imbalance of low housing supply and high buyer demand pushed home sales and buyer competition to new heights. But this year, things are shifting as supply and demand reach an inflection point. The graph below helps tell the story of just how different things are today. This year, buyer […]
Buying The Emotional and Non-financial Benefits of Homeownership With higher mortgage rates, you might be wondering if now’s the best time to buy a home. While the financial aspects are important to consider, there are also powerful non-financial reasons it may make sense to make a move. Here are just a few of the benefits that come with homeownership. Homeowners Can Make Their Home Truly Their […]
Selling Perspective Matters When Selling Your House Today Does the latest news about the housing market have you questioning your plans to sell your house? If so, perspective is key. Here are some of the ways I can explain the shift that’s happening today and why it’s still a sellers’ market even during the cooldown. Fewer Homes for Sale than Pre-Pandemic While the supply of […]
Buying September Market Stats for Northern Michigan Every month, I publish the latest market data from the Northern Michigan MLS. Data for 17 areas in three counties is compiled, filtered and presented in easy to read infographics. Just select the “Market Data” tab above and choose the county you want to view. Interested in more than a one month snapshot? Scroll down each […]
Buying Saving for a Down Payment? Here’s What You Need To Know. As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why. The […]
Buying The Journey To Buy a Home
Buying The Long-Term Benefit of Homeownership Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision. Consider this: if you know people who bought a home 5, […]
Buying Should I Buy OR Should I Rent? Either way, you’re going to be paying more. The difference is, with homeownership, you’re also gaining equity over time which will help grow your net worth. Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can […]
Buying Taking a Look at Inflation and Mortgage Rates If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one. Inflation and the Housing Market This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the […]
Home Improvement Fall Home Selling Checklist Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal.
Buying What’s Mortgage Pre-Approval? It’s a Critical First Step Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted […]