Buying a home can be SCARY…Until you know the FACTS
Some Highlights:
Many potential homebuyers believe they need a 20% down payment and a 780 FICO® score to qualify to buy a home. This stops many people from even trying to jump into homeownership! Here are some facts to help take the fear out of the process:
- 71% of buyers who purchased homes have put down less than 20%.
- 78.1% of loan applications were approved last month.
- In September, the average credit score for approved loans was 737.
Watching the Stock Market? Check the Value of Your Home for Good News.
Watching the Stock Market? Check the Value of Your Home for Good News. While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner,...
Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling...
Your Guides to Buying or Selling a Home This Fall
Buy or Sell with Marty Gale "Its The Experience" Principal Broker and Owner of Utah Realty™ Licensed Since 1986 General Contractor 2000 (in-active) e-pro (advanced digital marketing) 2001 Certified Residential Specialist 2009 Certified Negotiation Expert 2014 Master...
Expert Forecasts on Mortgage Rates
Expert Forecasts on Mortgage Rates If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues...
How Owning a Home Builds Your Net Worth
How Owning a Home Builds Your Net Worth Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning...
Should I wait to buy a home?
Part 4 Should I wait to buy a home? This is probably one of the biggest questions you’re getting asked right now, and it’s never been more important to have a good answer for it. Even though purchasing a home today may not be as easy as it was a couple of years ago,...
What will happen the second half of this year?
Part 3 What will happen the second half of this year? Yes, we are seeing a slowdown. However, we are really just heading back toward the market pace we saw pre-pandemic, and those were still great years for real estate. Focus on the big picture, and that’s this: the...
Expert Housing Market Forecasts for the Second Half of the Year
Expert Housing Market Forecasts for the Second Half of the Year The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help...
If the economy slows further, what does that mean for real estate?
IN TIMES OF UNCERTAINTY, PEOPLE FOLLOW THE CERTAIN Part 3 If the economy slows further, what does that mean for real estate? Post-2009, nothing will strike fear into the hearts of buyers and sellers like the word “recession.” But as the economy slows down, history...
What’s happening with mortgage rates, now and in the future? Part 2
What’s happening with mortgage rates, now and in the future? Rising mortgage rates are no doubt one of the biggest factors impacting the housing market right now. But it’s important to remind your clients that the low rates of the last few years were an anomaly. As...
