Once you’ve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You’re undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – […]
The Do’s and Don’ts after Applying for a Mortgage Read More »
In a year that was financially devastating for many Americans, some good news for most homeowners is the dramatic gain in home equity over the last twelve months. Last week, CoreLogic released its 2020 3rd Quarter Homeowner Equity Insights report, which reveals four major findings: U.S. homeowners with mortgages have seen their equity increase by a total of $1
Homeowner Equity Increases an Astonishing $1 Trillion Read More »
This year will be remembered for many reasons, and optimism is one thing that’s been in short supply since the spring. We’re experiencing a global pandemic, social unrest, an economic downturn, and natural disasters, just to name a few. The challenges brought on by the health crisis have also forced many homeowners to reevaluate their
3 Reasons to Be Optimistic about Real Estate in 2021 Read More »
If you’re currently feeling the stress of affording your mortgage payment, or if you know someone who is, there’s still time to get help. For homeowners experiencing financial hardship this year, the CARES Act provides mortgage payment deferral options, creating much-needed relief in these challenging times. It’s important, however, to understand how forbearance works. It’s not automatic.
5 Steps to Follow When Applying for Forbearance Read More »
Today’s Dallas real estate market has high buyer interest and low housing inventory. With so many buyers competing for a limited number of homes, it’s more important than ever to know the ins and outs of making a confident and competitive offer. Here are five keys to success for this important stage in the homebuying process. 1. Listen
Homeownership is on the goal list for many young adults, but sometimes it’s hard to know exactly how to get there. From understanding the home buying process to pre-approval and down payment assistance options, uncertainty along the way can ultimately hold some buyers back. Today, there are over 75 million Millennials and 67 million Gen Z’ers in
Knowledge Is Power on the Path to Homeownership Read More »
In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows 12 times this year, dipping below 3% for the first time ever while making buying a home more and more attractive as the year progressed (See graph below): When you continually hear how rates are
Will Mortgage Rates Remain Low Next Year? Read More »
Black Friday and Cyber Monday are behind us, yet finding the perfect holiday gifts for friends and family is certainly still top of mind for many right now. This year, there’s another type of buyer that’s very active this holiday season – the homebuyer. Each month, ShowingTime releases their Showing Index which tracks the average number of appointments received on
The Holidays Aren’t Stopping Homebuyers This Year Read More »
Great to see that the Dallas real estate market is in the top 10 markets during and post COVID! With what I am seeing in the Dallas area real estate market and comparing to other parts of the country, we are doing much better and in some areas are actually low on inventory. A group
Dallas Real Estate Market Was Named Among Top Ten Market During and Post COVID Read More »
You’ve got your eye on a home. Next up, it’s time to shop and compare loan products and rates. If you’re still unsure what to do here, we don’t blame you. Whether it’s your first time or not, buying a home is a huge decision that isn’t always so easy. Each option could affect your
Checklist: How to make an informed homebuying decision Read More »
