Supreme Mortgage Company Inc & Real EstateServices

10/17/2021

New things are happening in this city and I have the inside scoop! – Just ask me.

08/20/2021

Home prices were up 15.4% in May compared with May 2020, according to CoreLogic. Prices, however, are projected by CoreLogic economists to increase 3.4% by May 2022, as affordability challenges hit some buyers and cause a slowdown in price growth. Full read below!

Strong demand and record-low supply in the housing market are starting to ease, which should alleviate the incredibly high competition in the market.

08/19/2021

The “buy and sell components continued to diverge,” Doug Duncan, Fannie Mae’s senior vice president and chief economist, said about the latest consumer sentiment index readings.

A record number of sellers say it’s a good time to be in the market—but buyers completely disagree, data suggests.

08/18/2021

The housing market remains generally positive! As sellers are expected to keep home prices at record high and homes are selling for the above list price, new high-end buyers are willing to pay more to win bids. The latest housing predictions say it all ⬇️

House hunters may soon see fewer bidding wars and fewer competing offers far above asking price, economists predict.

08/17/2021

What is a NO-DOC mortgage loan? Get the details and learn more on how to qualify as an investor!

If the majority of your income comes from real estate investments or you’re looking for more privacy while applying for investment loans, a NO-DOC loan might be the loan for… more The post The Benefits of No-Doc Loans for Real Estate Investors appeared first on Think Realty | A Real Estate of Mi...

08/16/2021

⏹️ Let's talk LUXURY for a minute! ▶️

A luxury real estate broker shares his take on the market, what he's seeing in his neck of the woods, plus how he's pivoting his focus to get more sellers.

08/13/2021

Eviction Moratorium Update!

Last week, the U.S. Supreme Court denied a request to block the CDC from imposing their eviction moratorium—giving the federal moratorium another month of life. What does this mean for investors?

08/12/2021

Buyers not waiving the inspection contingency even in this HOT market? Plumbing repairs are key to sellers looking to speed up the inspection process! Be proactive and check this list out.

Inspections are par for the course when selling a home, but when the inspector comes back and says something is wrong with the plumbing, sellers either panic or shrug it off and assume that it’s the buyer’s problem. Most buyers won’t commit to buying a home until after it’s been thoroughly v...

08/11/2021

Housing affordability continues to decline ⬇️ as the hot real estate market fuels skyrocketing ⬆️ prices.

Find out how income levels are being analyzed with mortgage costs!

Even though mortgage rates are down from a year ago, the median existing-home price has jumped 24% in that time. Get more insights from NAR’s Housing Affordability Index.

08/10/2021

First-time buyers have been budgeting, working on their credit scores and saving toward a down payment even as many have become less confident in their ability to secure their first house, according to the new report from JPMorgan Chase & Co.

A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals.