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…

Housing prices continue to outperform while housing affordability continues to erode. What are house prices and inventory doing on a nationwide basis? What does the future of house prices look like? Why are house prices sticky to the upside? Where is housing inventory headed? In this episode, we dive into…

#homebuyers #realestate #mortgage #california

CPI just came in HOT pushing inflation higher than than expected dashing hopes that the Federal Reserve will be able to cut interest rates anytime soon. Consumer prices rose 3.5% from a year ago in March, more than expected which is putting pressure on bonds likely sending mortgage rates higher…

Rising housing insurance costs are not only putting a huge strain on home buyers but also impacting homeowners in a meaningful way. Will homeowners insurance costs continue to rise? Where is this being felt the most? Will homeowners have to sell their homes due to rising costs? In this episode,…

The Housing Market Continues To Appreciate Even In The Face Of Higher Mortgage Rates? What's driving house prices? Are BIG corporations inflating house prices and driving down inventory? How can you compete in a house market when you're competing against companies like Black Rock and Black Stone? In this episode,…

This is very different housing market than during the housing bubble, when a large percentage of borrowers had little or no equity as over 69% of borrowers have current LTVs under 60% (and this doesn’t include all the homes without a mortgage). And 91.2% of borrowers have LTVs under 80%.…