Article by: Simplifying the MarketOriginally Published: January 25, 2023, 11:30 amIf you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices […]
The 3 Factors That Affect Home Affordability
Article by: Simplifying the MarketOriginally Published: January 24, 2023, 11:30 amIf you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, […]
Pre-Approval in 2023: What You Need To Know
Article by: Simplifying the MarketOriginally Published: January 19, 2023, 11:30 amOne of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: …Read Full Article
Have Home Values Hit Bottom?
Article by: Simplifying the MarketOriginally Published: January 18, 2023, 11:30 amWhether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices […]
Think Twice Before Waiting for 3% Mortgage Rates
Article by: Simplifying the MarketOriginally Published: January 17, 2023, 11:30 amLast year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their […]
What Past Recessions Tell Us About the Housing Market
Article by: Simplifying the MarketOriginally Published: January 16, 2023, 11:30 amIt doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts […]
Key Terms To Know When Buying a Home [INFOGRAPHIC]
Article by: Simplifying the MarketOriginally Published: January 13, 2023, 11:30 am …Read Full Article
Wondering How Much You Need To Save for a Down Payment?
Article by: Simplifying the Market™Originally Published: January 3, 2023, 11:00 amIf you’re getting ready to buy your first home, you’re likely focused on saving up for everything that purchase involves. One cost that’s likely top of mind is your down payment. But don’t let a common misconception about how much you need to save make […]
What Are Your Goals in the Housing Market This Year?
Article by: Simplifying the Market™Originally Published: January 2, 2023, 11:00 amIf buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, […]
Applying For a Mortgage? Here’s What You Should Avoid Once You Do.
Article by: Simplifying the Market™Originally Published: December 28, 2022, 11:00 amWhile it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for […]
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