Suzanne's Blog
Should You Make a Large Home Downpayment?
Depending on the loan type, you can qualify for a mortgage with a downpayment that is as low as 3% of your home’s final purchase price. And for some loans — such as a VA loan or USDA mortgage — you don’t need any downpayment at all. But what if you can afford a larger […]
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5 Outdoor Projects That Pay Off the Most
What pays off the most when it comes to curb appeal? Ninety-two percent of REALTORS® recommend that sellers improve their curb appeal before listing their home for sale, according to a survey from the National Association of REALTORS® and the National Association of Landscape Professionals. What pays off the most when it comes to curb […]
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6 Ways Your Buyers Can Save on Their Mortgage
With rates around 7%, home buyers are feeling the financial squeeze. Here are a few secrets to ensuring that you get the best deal that you can on your loan. Although mortgage rates, which have been hovering near 7% over the last few weeks, are expected to fall in the second half of the year, […]
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Assuming a loan.. Is it worth it?
Local Appraiser, Ryan Lundquist, has recently posted his thoughts on this matter. Read on to see what he thinks about the topic of assuming a loan in today’s real estate market climate. August 29, 2023 By Ryan Lundquist “Assumable loans are eye candy in today’s housing market. The idea of taking over somebody’s 2.5% loan sounds […]
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Navigating New Home Purchases: 5 Tips to Consider
Are you among those feeling frustrated due to the limited housing options available in the current market? If so, you might be eyeing the prospect of buying a new home directly from a builder. The appeal is clear: a brand-new, tailored-to-you home without the complications of bidding wars and costly renovations. However, as enticing as […]
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Finding Your Dream Home: Turnkey vs. Fixer-Upper – What’s Trending in the Real Estate Market
Are you on the hunt for your dream home? The real estate landscape is evolving, and it seems like today’s buyers have a clear preference – they’re looking for homes that are move-in ready. I’m going to dive into the latest trends in the housing market, exploring why more and more buyers are leaning towards […]
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Barbara Corcoran’s Take on the Current Real Estate Market
Thinking about buying a home can be tough right now. Some people want to wait for lower interest rates, but here’s the problem – if you wait too long, home prices might go up. That’s where Barbara Corcoran, a real estate expert and “Shark Tank” star, comes in. She recently shared her thoughts on what’s […]
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5 Reasons the Housing Market is Reversing
In 2023, the housing market is undergoing a peculiar phenomenon — a reverse crash. The rise in mortgage rates, surprisingly, hasn’t instigated a significant decrease in home prices. This perplexing trend can be attributed to a complex interplay of economic, demographic, and market determinants. Today, a significant proportion of homeowners — 92% of those with mortgages — enjoy rates below […]
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The Downsides of Moving to a Cheaper City
The pandemic led to a shift away from expensive cities as people sought financial relief in more affordable suburbs. However, this migration trend has seen a reversal. Many individuals who moved for cost savings have returned after realizing that cheaper living comes with its own challenges. Economic Opportunity vs. Affordable Living: While relocating to save […]
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