General Information Archives - Page 32 of 94

Buyer Competition Is Good News for Sellers

April 2, 2021 - General Information

Some Highlights With so many buyers looking for homes to purchase and so few houses available today, there’s a substantial increase in bidding wars, and homes are selling fast. According to the latest Realtors Confidence Index Survey from the National [...] Read More

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Monica Foster April 2, 2021

There’s No Reason To Panic Over Today’s Lending Standards

April 1, 2021 - General Information

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles [...] Read More

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Monica Foster April 1, 2021

Is Homeownership Still Considered Part of the American Dream?

March 31, 2021 - General Information

Since the birth of our nation, homeownership has always been considered a major piece of the American Dream. As Frederick Peters reports in Forbes: “The idea of a place of one’s own drives the American story. We became a nation [...] Read More

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Monica Foster March 31, 2021

How a Change in Mortgage Rate Impacts Your Homebuying Budget

March 30, 2021 - General Information

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. [...] Read More

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Monica Foster March 30, 2021

What It Means To Be in a Sellers’ Market

March 29, 2021 - General Information

If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate sellers’ market and the optimal time [...] Read More

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Monica Foster March 29, 2021

2021 Real Estate Myth Buster

March 26, 2021 - General Information

Some Highlights There are a lot of misconceptions about buying or selling a home today, making it challenging to know exactly how to navigate the current real estate landscape. Here’s a little clarity when it comes to 5 common myths [...] Read More

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Monica Foster March 26, 2021

Buyer & Seller Perks in Today’s Housing Market

March 25, 2021 - General Information

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that [...] Read More

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Monica Foster March 25, 2021

Why You Should Think About Listing Prices Like an Auction’s Reserve Price

March 24, 2021 - General Information

For generations, the homebuying process never really changed. The seller would try to estimate the market value of the home and tack on a little extra to give themselves some negotiating room. That figure would become the listing price of [...] Read More

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Monica Foster March 24, 2021

Should We Fear the Surge in Cash-Out Refinances?

March 23, 2021 - General Information

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: [...] Read More

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Monica Foster March 23, 2021

What Credit Score Do You Need for a Mortgage?

March 22, 2021 - General Information

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong [...] Read More

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Monica Foster March 22, 2021

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