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Category: Blog

    Beginning with Pre-Approval

    By Anna Tan-Gulay | September 25, 2023

    If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate... Read More

    The Many Non-Financial Benefits of Homeownership

    By Anna Tan-Gulay | September 22, 2023

    Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it’s essential to think about the non-financial benefits that make a home more than just a place to live. Here are some of the top non-financial reasons to buy a home. According to Fannie Mae,... Read More

    Home Loan Facts

    By Anna Tan-Gulay | September 20, 2023

    Navigating the home loan world as a self-employed individual? It can be tricky! 🏠 Sometimes, writing off a large part of your income for tax purposes makes it appear like you have less spending money, making mortgages harder to secure.But don’t worry! With the right guidance and understanding of the lending landscape, your dream home... Read More

    Are you ready to buy a starter home?

    By Anna Tan-Gulay | September 18, 2023

    Here are some signs that you are finally ready to buy a starter home and kick renting to the curb. 🏡 ✅ Your rent is rising ✅ Your credit score is solid ✅ Your debt is manageable ✅ You can afford a down payment ✅ You have enough set aside for maintenance costs ✅ Your... Read More

    Planning to Retire? Your Equity Can Help You Make a Move

    By Anna Tan-Gulay | September 11, 2023

    Reaching retirement is a significant milestone in life, bringing with it a lot of change and new opportunities. As the door to this exciting chapter opens, one thing you may be considering is selling your house and finding a home better suited for your evolving needs. Fortunately, you may be in a better position to make a move... Read More

    Get Ready for Smaller, More Affordable Homes

    By Anna Tan-Gulay | September 8, 2023

    Have you been trying to buy a home, but higher mortgage rates and home prices are limiting your options? If so, here’s some good news – based on what Ali Wolf, Chief Economist at Zonda, has to say – smaller, more affordable homes are on the way: “Buyers should expect that over the next 12 to 24 months there will be a notable increase... Read More

    Expert Home Price Forecasts Revised Up for 2023

    By Anna Tan-Gulay | September 6, 2023

    Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the housing crash that happened back in 2008. But the headlines got it wrong. While there... Read More

    Why It’s Still a Seller’s Market Today

    By Anna Tan-Gulay | September 4, 2023

    Even though activity in the housing market has slowed from the frenzy that was the ‘unicorn’ years, it’s still a seller’s market because the supply of homes for sale is so low. But what does that really mean for you? And why are conditions today so good if you want to sell your house? The latest Existing Home Sales Report from... Read More

    How Inflation Affects the Housing Market

    By Anna Tan-Gulay | September 1, 2023

    Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of price growth specific to housing. It comes from a survey of... Read More

    Buyer Traffic Is Still Stronger than the Norm

    By Anna Tan-Gulay | August 31, 2023

    Are you putting off selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, know this: the latest data shows plenty of buyers are still out there, and they’re purchasing homes today. Here’s the data to prove it. The ShowingTime Showing Index is a measure of buyers touring homes. The graph below uses the... Read More