April 16, 2018

Getting Pre-Approved Should Always Be Your First Step

April 16, 2018/ laura kaan

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search.

Even if you are in a market that is not as competitive, understanding your budget will give you the confidence of knowing if your dream home is within your reach.

February 17, 2018

Should I Wait Until Next Year to Buy? Or Buy Now? [INFOGRAPHIC]

February 17, 2018/ laura kaan

The Cost of Waiting to Buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time.
Freddie Mac predicts interest rates to rise to 5.1% by 2019.
CoreLogic predicts home prices to appreciate by 4.3% over the next 12 months.
If you are ready and willing to buy your dream home, find out if you are able to!

December 21, 2017

Housing Prices are NOT Heading for Another Crash

December 21, 2017/ laura kaan

As home values continue to increase at levels greater than historic norms, some are concerned that we are heading for another crash like the one we experienced ten years ago. We recently explained that the lenient lending standards of the previous decade (which created false demand) no longer exist. But what about prices?

December 19, 2017

Rents Are on the Rise: Don’t Get Caught in the Rental Trap!

December 19, 2017/ laura kaan

There are many benefits to homeownership. One of the top benefits is protecting yourself from rising rents, by locking in your housing cost for the life of your mortgage.

December 12, 2017

Before You Make an Offer, Here Are 4 Tips for Success!

December 12, 2017/ laura kaan

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true!

November 30, 2017

The Real Reason Home Prices are Increasing

November 30, 2017/ laura kaan

There are many unsubstantiated theories as to why home values are continuing to increase. From those who are worried that lending standards are again becoming too lenient (data shows this is untrue), to those who are concerned that prices are again approaching boom peaks because of “irrational exuberance” (this is also untrue as prices are not at peak levels when they are adjusted for inflation), there seems to be no shortage of opinion.

November 06, 2017

Low Inventory Causes Home Prices to Maintain Fast Growth

November 06, 2017/ laura kaan

The National Association of Realtors (NAR) released their latest Quarterly Metro Home Price Report last week. The report revealed that severely lacking inventory across the country drained sales growth and kept home prices rising at a steady clip in nearly all metro areas. Home prices rose 5.3% over the last quarter across all metros.