Latest News from The Real Buyer's Agent

Select any item for more....

Should We Fear the Surge in Cash-Out Refinances?
Should We Fear the Surge in Cash-Out Refinances?
market conditions
March 23, 2021

Should We Fear the Surge in Cash-Out Refinances?

By:

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which an old mortgage is replaced for a new one […]

What Credit Score Do You Need for a Mortgage?
What Credit Score Do You Need for a Mortgage?
market conditions
March 22, 2021

What Credit Score Do You Need for a Mortgage?

By:

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 mortgage. While stricter lending standards could be a challenge for […]

What Is the Strongest Tailwind to Today’s Recovering Economy?
What Is the Strongest Tailwind to Today’s Recovering Economy?
market conditions
March 17, 2021

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

By:

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 World Health Organization declaring COVID-19 a worldwide pandemic. Two […]

What Is the #1 Financial Benefit of Homeownership?
What Is the #1 Financial Benefit of Homeownership?
market conditions
March 16, 2021

What Is the #1 Financial Benefit of Homeownership?

By:

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 American Dream, providing families with a place that is […]

How to Make a Winning Offer on a Home
How to Make a Winning Offer on a Home
market conditions
March 15, 2021

How to Make a Winning Offer on a Home

By:

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 home. Here are five tips for success in this critical […]

Will the Housing Market Bloom This Spring?
Will the Housing Market Bloom This Spring?
market conditions
March 11, 2021

Will the Housing Market Bloom This Spring?

By:

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 to say about the housing market and how it will […]

6 Simple Graphs Proving This Is Nothing Like Last Time
6 Simple Graphs Proving This Is Nothing Like Last Time
market conditions
March 10, 2021

6 Simple Graphs Proving This Is Nothing Like Last Time

By:

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 was so strong that many now fear the market’s exuberance […]

How Upset Should You Be about 3% Mortgage Rates?
How Upset Should You Be about 3% Mortgage Rates?
market conditions
March 9, 2021

How Upset Should You Be about 3% Mortgage Rates?

By:

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 market. However, we should realize two things: 1. The bump-up […]

5 Reasons to Sell Your House This Spring
5 Reasons to Sell Your House This Spring
market conditions
March 8, 2021

5 Reasons to Sell Your House This Spring

By:

When selling a house, most homeowners hope for a quick and profitable transaction that puts them in a position to make a great move. If you’re waiting for the best time to win as a seller, the market is calling your name this spring. Here are five reasons why this is the perfect time to […]

How can we help?

Contact Us