Nationwide Housing Shortage Of 7.2M Homes

A housing shortage continues to provide some headwinds for home buyers.

The American dream of home ownership might be getting further out of reach for many. A recent report by Realtor.com indicates a staggering housing shortage across the country – a gap of up to 7.2 million homes. Of course, this housing shortage has been building for over a decade, fueled by under-building relative to population… Continue reading Nationwide Housing Shortage Of 7.2M Homes

How Much You Need To Earn To Buy A Home In Florida

Just how much money do you need to earn to buy a home in paradise?

Florida’s sunny beaches and relaxed lifestyle make it a dream destination for many. But that dream can turn into a financial nightmare if you’re a first-time home buyer. While sunshine might be plentiful, affording a piece of the Sunshine State has become a significant challenge. Just how much will you need to earn to buy… Continue reading How Much You Need To Earn To Buy A Home In Florida

Real Estate Considerations For Unmarried Couples

Unmarried couples need to consider various things prior to buying real estate together.

Buying a house with your partner is a huge step, and for unmarried couples, it adds an extra layer of complexity. The excitement of finding your dream home can overshadow some crucial listing considerations. By being prepared and upfront about your situation, you can navigate the listing process smoothly. Below we discuss some things to… Continue reading Real Estate Considerations For Unmarried Couples

Economic Advantages Of Buying A Home Now

Buying a home now may be a good idea.

The housing market can certainly be complicated, and with recent economic fluctuations, you might be wondering if buying a home now is the right move. While there’s no one-size-fits-all answer, there are some definite economic advantages to considering home ownership now. In addition, much of this decision will be based on your local market dynamics.… Continue reading Economic Advantages Of Buying A Home Now

What To Expect From A Home Inspection

The home inspection is a critical step in the home buying or selling process.

The home inspection period is a crucial stage in the real estate transaction, offering both buyers and sellers a chance to navigate some of the final hurdles before closing. This period allows for a thorough inspection of the property, uncovering potential issues and providing opportunities for negotiation. Whether you’re buying or selling a home, understanding… Continue reading What To Expect From A Home Inspection

How To Choose A Mortgage Broker

A good mortgage broker is an essential part of your home buying team!

It is estimated that approximately 80% of recent home buyers financed their purchase by obtaining a mortgage. This figure is up slightly from 78% last year, but still lower than the 87% seen in 2021. Needless to say, buying a home is a monumental life decision, and securing the right mortgage is crucial. While banks… Continue reading How To Choose A Mortgage Broker

New Homeowner Checklist

As a new homeowner, it is important to be organized to complete various tasks.

Congratulations! You’ve officially closed on your dream home. Now comes the exciting (and sometimes overwhelming) task of settling in. As always, it is important to be prepared and have a structured plan to ensure success. To help navigate this transition smoothly, we’ve compiled a comprehensive checklist to ensure you don’t miss a beat. New homeowner… Continue reading New Homeowner Checklist

What Is A Buyer’s Agent Agreement In Real Estate?

Buyer's agent agreements will soon be required in all states.

Entering the housing market can be thrilling, but it can also feel overwhelming. With so many factors to consider, having a trusted advisor in your corner is crucial. That’s where a buyer’s agent comes in, and a buyer’s agent agreement formalizes this relationship. While most people have heard of or even used a listing agreement… Continue reading What Is A Buyer’s Agent Agreement In Real Estate?

Cash Buyers Pay Less For Homes

As a cash buyer, there is a great chance that you will be able to purchase a home for less money.

The dream of home ownership can feel increasingly out of reach for many these days. Rising interest rates and fierce competition are just a few hurdles facing potential buyers. But according to a new study from the University of California San Diego Rady School of Management, there’s another factor tipping the scales: cash. The study… Continue reading Cash Buyers Pay Less For Homes

The Federal Reserve Signals No Rate Cuts

The Federal Reserve signals that rate cuts are unlikely in May 2024.

The Federal Reserve (Fed), the central bank of the United States, surprised many this week by signaling a delay in cutting interest rates. This decision comes despite hopes from businesses and consumers for a break on borrowing costs. So why the hold-up? The answer, in one word: inflation. While inflation has come down from its… Continue reading The Federal Reserve Signals No Rate Cuts