Financing

Buying, Buying Myths, Financing, Selling, Stats

Don’t Expect a Flood of Foreclosures

Content courtesy of Keeping Current Matters The rising cost of just about everything from groceries to gas is leading to speculation that more people won’t be able to afford their mortgage payments. That leads to speculation that foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last […]
Buying, Financing, Selling, Stats

American’s Are Sitting On Tremendous Equity

Courtesy of Keeping Current Matters Equity Is a Game Changer for Homeowners Looking To Sell If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be […]
Buying, Financing, Selling, Stats

The Housing Market Faces Two Big Issues

The housing market faces two big issues right now. The biggest challenge is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these […]
Buying, Financing

Closing Costs, What Are They?

While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for. What […]

Buying Don’t Expect a Flood of Foreclosures Content courtesy of Keeping Current Matters The rising cost of just about everything from groceries to gas is leading to speculation that more people won’t be able to afford their mortgage payments. That leads to speculation that foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last […]

Buying American’s Are Sitting On Tremendous Equity Courtesy of Keeping Current Matters Equity Is a Game Changer for Homeowners Looking To Sell If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be […]

Buying The Housing Market Faces Two Big Issues The housing market faces two big issues right now. The biggest challenge is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these […]

Buying Closing Costs, What Are They? While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you need to understand what closing costs are and how much you should budget for. What […]

Buying Housing Market Expected to Crash…… Not! Is the housing market expected to crash? Where do people get their information?! Seriously, real estate pessimists need to reconsider their sources. Like so much of what is presented to us in the news media, doomsayers tell “A” story not “THE” story. 67% of Americans say a housing market crash is imminent in the next […]

Buying Lower Mortgage Rates Are Bringing Buyers Back Rising mortgage rates caused the housing market to slow last year. As a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage […]

Buying Foreclosure Fear In Today’s Headlines You’ve seen recent headlines about foreclosures surging in the housing market. There’s no doubt, the stories can be confusing. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed. Understanding what that […]

Buying Pre-Approval in 2023: What You Need To Know One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to […]

Buying Understand These Important Terms Buying a home is a major transaction that can seem even more complex when you don’t understand these important terms used throughout the process. If you’re not comfortable asking your sales agent questions as they arise, find a new one! A professional embraces the fiduciary trust you place with them. You should ALWAYS feel confident […]

Buying Home Equity, The Truth About Negative Headlines Home equity has been a hot topic in real estate news lately. You may have heard there’s a growing number of homeowners with negative equity. Don’t let those headlines scare you. In truth, the headlines don’t give you all the information you really need to understand what’s happening and at what scale. Let’s break down one of the […]

Buying Financial Fundamentals for First-Time Homebuyers Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to focus on as you set out to buy a home. Build Your Credit Your credit is one […]

Buying Truth or Clickbait Some headlines out there intentionally paint today’s real estate market as doom-and-gloom – but when you take a step back you can see the historical data tells a different story. Take a look at the complete picture of where we are in regard to Homeowner Equity, Foreclosures, and Inventory.

Buying VA Loans: Making Homes for the Brave Achievable Some Highlights VA Loans can help make homeownership possible for those who have served our country. These loans offer great benefits for eligible individuals and can help them buy a VA-approved house or condo, build a new home, or make improvements to their house. Homeownership is the American Dream. One way we can honor and thank our veterans is to ensure they […]

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 […]

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.

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? […]

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 […]

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