Will Mortgage Rates Remain Low Next Year?In 2020, buyers got a big boost in the housing market as mortgage rates dropped throughout the year. According to Freddie Mac, rates hit all-time lows
Laurie Wacks's Blog Posts
4 Reasons Why the Election Won’t Dampen the Housing MarketTomorrow, Americans will decide our President for the next four years. That decision will have a major impact on many aspects of life
How Down Payment Assistance Opens the Door to HomeownershipMany people are eager to buy a home right now while affordability continues to be a highlight of the current housing market.
A Real Estate Pro Is More Helpful Now than Ever [INFOGRAPHIC]Some HighlightsA recent study shared by NAR notes that both buyers and sellers think an agent is more helpful than ever during
Thinking of Selling Your House? Now May be the Right TimeInventory is arguably the biggest challenge for buyers in today’s housing market. There are simply more buyers actively looking for
Taking Advantage of Homebuying Affordability in Today’s MarketEveryone is ready to buy a home at different times in their lives, and despite the health crisis, today is no exception.
Think You Should For Sale By Owner? Think Again [INFOGRAPHIC]Some Highlights For Sale By Owner (FSBO) is the process of selling real estate without the representation of a real estate
Why Home Equity Is a Bright Spark in the Housing MarketGiven how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news,,
Will This Economic Crisis Have a V, U, or L-Shaped Recovery?Many American businesses have been put on hold as the country deals with the worst pandemic in over one hundred years. As the states are
The Overlooked Financial Advantages of HomeownershipThere are many clear financial benefits to owning a home: increasing equity, building net worth, growing appreciation, and more. If you’re a
Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying JourneyWhen the number of buyers in the housing market outnumbers the number of homes for sale, it’s
Where Homebuyers Are Heading By Generation [INFOGRAPHIC]Some Highlights:Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to
Homes Are More Affordable Today, Not Less AffordableThere’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim
Buying a Home Early Can Significantly Increase Future WealthAccording to an Urban Institute study, homeowners who purchase a house before age 35 are better prepared for retirement at age.
The New Spring Real Estate Market is Here. Are You Ready?Which month do you think most people who are considering buying a home actually start their search? If you’re like most of us, you
Forget the Price of the Home. The Cost is What Matters.Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate.&
Thinking of Selling Your Home? The Waiting Is The Hardest Part.Tom Petty famously penned the words, “the waiting is the hardest part” in his early 80’s hit song The
Depending on the Price, You’re Going to Need AdviceTo understand today’s complex real estate market, it is critical to have a local, trusted advisor on your side – for more reasons
What You Need to Know About the Mortgage Process [INFOGRAPHIC]Some Highlights:Many buyers are purchasing homes with down payments as little as 3%.You may already qualify for a loan, even if you don
Homeownership is the Top Contributor to Your Net WorthMany people plan to build their net worth by buying CDs or stocks, or just having a savings account. Recently, however, Economist
Existing-Home Sales Report Indicates Now Is a Great Time to SellThe best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing
4 Tips to Improve Your Home and Save on Your Energy BillAs a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive.
5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]Some Highlights:Learning the lingo of homebuying is an important part of feeling successful when buying a home.From APR to P&I, you need to
What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]Some Highlights:The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and
Buying a Home: Do You Know the Lingo? [INFOGRAPHIC]Some Highlights:Buying a home can be intimidating if you’re not familiar with the terms used throughout the process.To point you in the right
American Confidence in Housing at an All-Time HighFannie Mae just released the July edition of their Home Purchase Sentiment Index (HPSI). The HPSI takes information regarding
Millionaire to Millennials: The Costly Mistake of Not Buying NowOn his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership
How to Judge the Impact of the Next Economic Slowdown on HousingWe’ve experienced economic growth for almost a decade, which is the longest recovery in the nation’s history. Experts know
Is Your First Home Now Within Your Grasp? [INFOGRAPHIC]Some Highlights:According to the US Census Bureau, “millennials” are defined as 18-36-year-olds.According to NAR’s