Leslie Prudente, Real Estate Professional - Gwinnett County

05/13/2023

Check this out!

One of the first steps in the homebuying process is getting pre-approved for a mortgage. Pre-approval helps improve your chances of buying the home that’s right for you by giving you an idea of what you can borrow, helping you set your budget, and letting sellers know your offer is serious. DM me to learn about other steps you can take to start your homebuying journey.



www.Prudentehomes.com

05/12/2023

Check this out!

The Worst Home Price Declines Are Behind Us [INFOGRAPHIC]

While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices, DM me to discuss if now’s the right time to jump back in.



www.Prudentehomes.com

While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again.

05/11/2023

Check this out!

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm.

Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April 2020, when the pandemic hit and stalled the housing market. In more typical years, roughly 500,000 sellers add their homes to the market in April. This year, we saw fewer than 400,000 sellers entering the market in April.

While there are a number of factors contributing to this trend, one thing keeping inventory low right now is that some homeowners are reluctant to move when the mortgage rate they have on their current house is lower than the one they could get today on their next house. It’s called rate lo...



www.Prudentehomes.com

If you’re thinking about selling your house, you should know the number of homes for sale right now is low.

05/10/2023

Check this out!

The Impact of Inflation on Mortgage Rates

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know.

While the Fed’s working hard to lower inflation, the latest data shows that, while the number has improved some, the inflation rate is still higher than the target (2%). That played a role in the Federal Reserve’s decision to raise the Federal Funds Rate last week. While the Fed’s actions don’t directly dictate what happens with mortgage rates, their decisions do have an impact and contributed to the intentional cooldown in the housing market last year.

During times of high inflation, your everyday expenses go up. That means you’ve likely felt the pinch at the gas pump and in th...



www.Prudentehomes.com

If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve.

05/10/2023

Check this out!

While there’s talk in the media of a recession on the horizon, experts say the housing market will be resilient and any recession will be mild and short. You don’t need to fear what a recession would mean for the housing market. DM me if you have any questions about what you’re hearing in the headlines and what that means for our market.



www.Prudentehomes.com

05/09/2023

Check this out!

Why Today’s Housing Market Is Not About To Crash

There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very different than it was before the housing crash in 2008. Rest assured, this isn’t a repeat of what happened back then. Here’s why.

>>It’s Harder To Get a Loan Now
It was much easier to get a home loan during the lead-up to the 2008 housing crisis than it is today. Things are different now as purchasers face increasingly higher standards from mortgage companies.

>>Unemployment Recovered Faster This Time
While the pandemic caused unemployment to spike over the last couple of years, the jobless rate has already recovered back t...



www.Prudentehomes.com

There’s been some concern lately that the housing market is headed for a crash.

05/08/2023

Check this out!

The number of foreclosures filings in the U.S. is still low. Why? Because lending standards have tightened significantly since 2008 and so many homeowners have enough equity to sell their house today. Let’s chat more about why today’s housing market is nothing like it was back then.



www.Prudentehomes.com

05/07/2023

Check this out!

Reasons To Sell Your House Today [INFOGRAPHIC]

Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now. Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity that can fuel a move. If you’re thinking about selling your house, let’s connect to discuss if now may be the time to move.



www.Prudentehomes.com

Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now.Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity...

05/06/2023

Check this out!

Have you been thinking about making a move? Even with today’s higher mortgage rates, it may still make sense to do so. That’s because your needs and lifestyle are also a factor. Maybe you need more space, or perhaps you just want something newer. Whatever your motivation, let’s work together to sell your current house and find the home that’s right for you.



www.Prudentehomes.com

05/05/2023

Check this out!

Here are just some of the financial benefits that come with owning your own home. Homeownership enables you to stabilize your housing payment via a fixed rate mortgage, helps you build your net worth, and gives you an asset that typically gains value over time. DM me so we can start your homebuying journey today.



www.Prudentehomes.com

05/04/2023

Check this out!

How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too.

And when inflation has made most things significantly more expensive, saving money where you can has a lot of appeal. So, if you’re thinking about ways to budget differently, it could be worthwhile to take your home into consideration.

When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. But when you downsize your house, you often end up downsizing the bills that come with it, like your mortgage payment, energy costs, and maintenance requirements.

If you’re thinking about down...



www.Prudentehomes.com

Downsizing has long been a popular option when homeowners reach retirement age.

05/03/2023

Check this out!

Homeownership is one of the best ways to grow your net worth. Why? Because when you own a home, you develop equity as you pay down your home loan and as home prices grow with time. And, that equity can help you reach other goals in life or fuel a future move later on. Let’s chat more about the benefits of .



www.Prudentehomes.com