Are you a first time home buyer wondering how income and employment works when buying a home? What are the income and employment guidelines when getting a mortgage and why is it important? How does it vary between loan programs? What does the lender require when it comes to employment?…

Mortgage Interest Rates are back above 7% causing housing inventory to grow over 30% year over year. Will this increase in inventory lead to a housing crash? At the same time, we are seeing price reductions stabilize in the normal area leading to price stability. Should you buy now or…

Housing Affordability is near all time lows with mortgage rates sitting near recent highs, home prices have to crash, right? Wrong! The housing market is a function of supply and demand with house prices being sticky to the upside. What does the future of the housing market and house prices…

Do you feel the pressure to become a homeowner immediately after graduating college? The prospect can be exciting, but it's crucial to evaluate if it's the right time for you. Let's dive into some key considerations. Job prospects, relocation, and other life events can significantly impact your homeownership journey. If…

The dream of homeownership is being challenged by a harsh reality: affordability. The high cost in many areas is preventing potential homeowners from qualifying for mortgages that suit their needs. No one should be forced into an unsuitable living situation due to financial constraints. If a $700,000 entry-level home is…

It's true that some cold, upper Midwest states don't have to deal with this, but for the rest of us, it's time to stop worrying. Just like termite clearance, pest issues shouldn't be a deciding factor in your loan decision.

as an agent that lists properties for sale these are things that we're talking about up front with the seller saying hey listen there's a chance we get an FHA offer here these things are going to be a problem we need to get this addressed and therefore they don't…

Mortgage Interest Rates CLIMB as The FED noted that RECENT DATA SHOWS LACK OF FURTHER PROGRESS ON INFLATION THIS YEAR. Specifically, he said "it's likely to take longer than expected" to achieve inflation goals which likely means higher mortgae rates for longer. Should you buy now or wait? In this…

Are iBuyers distorting the market❓ I-Buyers or Instant Buyers often get a bad rep This is because they buy properties undermarket value then sell it for a quick profit. They will or will not do some improvements to the property. And this properties sometimes is a problem to the housing…

Worried first-time homebuyers are being left out? Don't be! They still represent a solid quarter of the market. Let's get into it with some solid stats - 26% of current buyers are first-timers, while 21% are investors. It's a bit of a surprise because investor activity is actually up from…