Don’t Wait for a Lower Mortgage Rate – It Could Cost You

by Barbara Corregano | Oct 12, 2021 | Buyers, Buying Myth, First Time Home Buyers

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If...

If You’re a Buyer, Is Offering Asking Price Enough?

by Barbara Corregano | Sep 27, 2021 | Buyers, Buying Myth, First Time Home Buyers

In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From...

Two Reasons Why Waiting a Year To Buy Could Cost You

by Barbara Corregano | Sep 23, 2021 | Buyers & Sellers, Buying Myth

If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait,...

Is a 20% Down Payment Really Necessary To Purchase a Home?

by Barbara Corregano | Sep 22, 2021 | Buyers, Buying Myth, First Time Home Buyers

There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the...

What You Can Do Right Now To Prepare for Homeownership

by Barbara Corregano | Sep 1, 2021 | Buyers, Buying Myth, First Time Home Buyers

As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data from ApartmentList.com: “The first half of 2021 has seen the fastest growth in rent prices since the start of our estimates in...

What Buyers and Sellers Need To Know About the Appraisal Gap

by Barbara Corregano | Aug 31, 2021 | Buyers & Sellers, Buying Myth

It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent...