Posts by admin
Reasons You’ll Regret Waiting for Rates To Drop Before Buying a Home
Waiting to buy a home for lower mortgage rates can be costly due to missed equity growth from home price appreciation, which averages about 4% annually. Lower rates often increase demand, potentially raising home prices. Inflation raises ongoing homeownership costs, and rising rents add to the expense of waiting. Buyers who purchase now can refinance…
Read MoreThe tide might be turning for homebuyers in 2026. How buyers and sellers can make real estate work in 2026
U.S. home prices rose modestly in early 2026, signaling a cooling market after years of rapid growth. Median home prices dropped slightly, and housing inventory increased about 20% year-over-year, easing supply constraints. Mortgage rates have declined, improving affordability. Buyers may benefit from these trends, while sellers could face stagnant or falling prices. Homeowners might consider…
Read MoreMortgage rates fall to multiyear lows in time for spring housing market
Mortgage rates have dropped to multiyear lows around 5.98-5.99%, benefiting first-time homebuyers and the spring housing market. Improved mortgage spreads have been key, preventing rates from staying above 7% despite low 10-year yields. The 10-year yield remains under 4%, supporting lower rates. Inventory is up, prices are stable, and mortgage spreads are near normal, creating…
Read MoreHappy Women’s Day | “Your dream home, guided by a local team you can trust.”
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…
Read More10 Tips for First-time Homebuyers
Embarking on homeownership can be exciting yet daunting for first-time buyers. Key tips include assessing your financial situation, getting mortgage pre-approval, and finding a reputable real estate agent. Consider location, make informed offers, and get a home inspection. Explore various mortgage types and understand homeowner costs, including property taxes and insurance. Be prepared for closing…
Read MoreFirst-Time Homebuyer? These 10 Tips Are For You
Buying your first home involves key steps: know your budget including all costs, improve your credit to secure better interest rates, and explore first-time homebuyer programs. Choose the right mortgage type—conventional, FHA, USDA, or VA—and shop around for the best terms. Get mortgage pre-approval to strengthen offers, consider using a real estate professional, stay within…
Read MoreHow To Prepare for Your First Mortgage
Buying a home requires planning, including saving for a down payment and qualifying for a mortgage. Prequalification involves providing financial documents like credit reports, tax returns, paystubs, and bank statements to determine affordability. Homeownership includes additional costs such as property taxes, insurance, and possible mortgage insurance. Common mortgage types are 30-year fixed and adjustable-rate mortgages,…
Read MoreBuying or Selling: What’s Your Agent Strategy? | “Your dream home, guided by a local team you can trust.”
Visit Real Estate offices early and ask questions to gauge their professionalism and fit. Understand seller motivations to make offers with attractive terms that could win deals.
Read MoreKansas City Market Update | “Your dream home, guided by a local team you can trust.”
Here’s a quick update on Kansas City’s real estate market. Homes are selling at a steady pace, with a similar number of properties available and sold as last year. The market remains stable for buyers and sellers.
Read MoreMastering the Market With VA Loans: Essential Tips for Success | “Your dream home, guided by a local team you can trust.”
VA loans offer benefits like no down payment, no private mortgage insurance, and competitive interest rates. Eligibility requirements for VA loans vary and are specific to veterans and active-duty military personnel. VA loans can only be used for primary residences, subject to minimum property requirements.
Read More