Three Ways to Win in a Bidding War

by Julia Lowell | Aug 31, 2020 | Buyers, First Time Home Buyers, Move-Up Buyers

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot...

The Cost of Renting Vs. Buying a Home [INFOGRAPHIC]

by Julia Lowell | Aug 28, 2020 | Buyers, First Time Home Buyers, Infographic, Rent vs. Buy

Some Highlights The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving...

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

by Julia Lowell | Aug 27, 2020 | Buyers, First Time Home Buyers, Move-Up Buyers

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s...

Should You Buy an Existing Home or New Construction?

by Julia Lowell | Aug 26, 2020 | Buyers, First Time Home Buyers, Move-Up Buyers, New Construction, Pricing

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a...

Builders & Realtors Agree: Real Estate Is Back

by Julia Lowell | Aug 25, 2020 | Buyers, Housing Market Updates, Sellers

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in...