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22 Mar What Credit Score Do You Need for a Mortgage?

Posted at 10:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Move-Up Buyers by MarciaMurray 0 Comments

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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 enough to qualify for a...

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19 Mar Americans See Major Home Equity Gains [INFOGRAPHIC]

Posted at 10:00h in Blog, For Sellers, Housing Market Updates, Infographics, Move-Up Buyers, Pricing by MarciaMurray 0 Comments

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Some Highlights Today’s home price appreciation is driving equity higher throughout the country. If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move. Now is a great time to put your equity toward a...

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18 Mar To Renovate or Not To Renovate Before You Sell

Posted at 10:00h in Blog, For Sellers, Pricing, Selling Myths by MarciaMurray 0 Comments

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When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be...

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17 Mar What Is the Strongest Tailwind to Today’s Recovering Economy?

Posted at 10:00h in Blog, For Buyers, For Sellers, New Construction by MarciaMurray 0 Comments

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Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the...

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16 Mar What Is the #1 Financial Benefit of Homeownership?

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, For Sellers, Housing Market Updates by MarciaMurray 0 Comments

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There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the...

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15 Mar How to Make a Winning Offer on a Home

Posted at 10:00h in Blog, First Time Home Buyers, For Buyers, Move-Up Buyers by MarciaMurray 0 Comments

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Today’s homebuyers are faced with a strong sellers’ market, which means there are a lot of active buyers competing for a relatively low number of available homes. As a result, it’s essential to understand how to make a confident and competitive offer on your dream...

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12 Mar How to Be a Competitive Buyer in Today’s Housing Market [INFOGRAPHIC]

Posted at 11:00h in Blog, First Time Home Buyers, For Buyers, Infographics, Move-Up Buyers by MarciaMurray 0 Comments

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Some Highlights With so few houses for sale today, it’s important to be prepared when you’re ready to buy a home. Meeting with your lender early, knowing your must-haves and nice-to-haves, preparing for a bidding war, and keeping your emotions in check are all ways to gain...

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11 Mar Will the Housing Market Bloom This Spring?

Posted at 11:00h in Blog, For Buyers, For Sellers, Housing Market Updates, Interest Rates, New Construction, Pricing by MarciaMurray 0 Comments

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Spring is almost here, and many are wondering what it will bring for the housing market. Even though the pandemic continues on, it’s certain to be very different from the spring we experienced at this time last year. Here’s what a few industry experts have...

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10 Mar 6 Simple Graphs Proving This Is Nothing Like Last Time

Posted at 11:00h in Blog, Distressed Properties, For Buyers, For Sellers, Housing Market Updates, Interest Rates, Pricing by MarciaMurray 0 Comments

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Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year before. 2020...

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09 Mar How Upset Should You Be about 3% Mortgage Rates?

Posted at 11:00h in Blog, Buying Myths, First Time Home Buyers, For Buyers, Housing Market Updates, Interest Rates, Move-Up Buyers by MarciaMurray 0 Comments

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Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing...

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