Author Archives: luisreyes

If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you?

Some Highlights

• Knowing key housing terms and how they relate to today’s market is important. For example, when mortgage rates and home prices rise, it impacts how much home you can afford.
• Terms like appraisal (what lenders rely on to validate a home’s value) and the inspection contingency (which gives buyers essential information on a home’s condition) directly impact the transaction.
• Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. Lean on a trusted advisor so you have an expert guide and advice for any questions that may come up.

If you’re thinking of selling your house this year, timing is crucial.

In today’s housing market, there are far more buyers looking for homes than sellers listing their houses.

Almost every industry is currently struggling with supply chain disruptions.

Some Highlights

• If you’re deciding whether to rent or buy, consider the many financial benefits that come with owning a home.
• As a renter, you build your landlord’s wealth and face rising costs. As a homeowner, you build your own net worth and can lock in your monthly payments for the length of your loan.
• If you’re weighing your options, remember that owning a home is a decision that has considerable financial perks. Contact a local real estate professional to learn more.

If you’re a millennial, homebuying might be top of mind for you.

Having an experienced guide coaching you through the process of buying or selling a home is important in a normal market – but today’s market is far from normal.

For many homebuyers, the thought of saving for a down payment can feel daunting, especially in today’s market.

When you’re selling any item, you usually want to sell it for the greatest profit possible.

Some Highlights

• Even in today’s sellers’ market, there are still ways for buyers to win big.
• Build a team of trusted professionals and make strategic plays as you budget and pick your desired neighborhoods. Then, be ready for the competition by getting a pre-approval letter and leaning on your expert advisors to draft a winning offer.
• In a sellers’ market, you can still be the champion if you have the right team and strategy. Work with a trusted real estate professional to make your game-winning play.

Financial benefits are always a key aspect of homeownership, but it’s also important to understand that the nonfinancial and personal benefits are why so many people genuinely fall in love with their homes.