Jaime Vazquez - Showing Agent at The Niv Lemoine Real Estate Group-KW Elite

10/07/2022

Recent inventory growth means you have more options and more negotiation power when you buy a home. Let’s connect if you’re ready to take advantage of the opportunities created by today’s housing market.

10/06/2022

Equity is a shining star in today’s housing market. Why? The average equity per mortgage holder is the highest it’s ever been. That gives you a big boost to your net worth and can help fuel a move as a homeowner. If you’re curious how much equity you’ve built in your home, DM me today.

10/05/2022

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into your decision.

Here’s a look at how just the home price appreciation piece can really add up over the years.

>>Home Price Growth Over Time

Even though home price appreciation has moderated this year, home values have still increased significantly in recent years. That means a home’s value can increase substantially in a short time. And if you expand that time frame even more, the benefit of homeownership and the drastic gains you stand to make become even clearer.

This is why homeowners who bought their homes years ago are still happy with their decision. Even if home price appreciation eases as the market cools this year, experts say home prices are still...

Today’s cooling housing market, the rise in mortgage rates, and mounting economic concerns have some people questioning: should I still buy a home this year? While it’s true this year has unique challenges for homebuyers, it’s important to factor the long-term benefits of homeownership into yo...

10/04/2022

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.

>>The Impact of Rising Mortgage Rates

As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford.

As rates go up, the amount you can afford to borrow decreases and that may mean you have to look at homes at a different price point. That’s why it’s important to work with a real estate advisor to understand how mortgage rates impact your monthly mortgage payment at various home loan amounts.

>>Are Mortgage Rates Going To Go Down?

The rise in mortgage rates and the resulting decrease in purchasing power may leave you wondering if you should wait for rates to go down before making your purchase. If...

Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans.

10/03/2022

While the inventory of homes for sale has increased compared to last year, it remains low. If you're still not finding a home that checks all your boxes, experts recommend expanding your search radius and looking at nearby locations to increase your pool of options. For more advice during your homebuying journey, DM me today.

09/30/2022

If you’re looking to buy your first home, you may want to consider condos. Let’s connect to explore your options.

09/29/2022

The supply of homes for sale has been historically low over the past two years. But the growth we’ve seen this year means you may have more options to choose from compared to this time last year. DM me today if you’re ready to resume your housing search and explore the homes for sale in our area.

09/28/2022

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.

If you need even more choices, expanding your search by adding additional housing types, like condominiums, could help.

>>Exploring Condos Could Add Options That Fit Your Budget

With rising mortgage rates and home prices, the relative affordability of a condo could be worth considering.

Remember, your first home doesn’t have to be your forever home. The important thing is to get your foot in the door as a homeowner. Buying a condo now can springboard you into a bigger home later on.

>>Condo Living Provides Several Great Perks

Boosting the number of options in your budget during your home search is just one reason to consider condos, but there are several other...

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.

09/27/2022

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

>>Inflation and the Housing Market

This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home.

While the Federal Reserve is working hard to lower inflation, the August data shows the inflation rate was still higher than expected. This news impacted the stock market and fueled conversations about a recession. It also played a role in the Federal Reserve’s decision to raise the Federal Funds Rate last week.

While their actions don’t directly dictate what happens with mortgage rates, their decisions have contributed to the intentional cooldown in the housing market.

>>The Impact on Rising Mortgage Rates

Over the past few months...

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

09/26/2022

While there’s no way to know with certainty where mortgage rates are heading, it’s important to stay informed about what’s happening with rates and how it could affect your purchase. Even small increases can impact your . If you’re looking to buy a home today, DM me so you have an expert on your side.

09/23/2022

This is an inflection point for the housing market. Over the past two years, we’ve seen a massive amount of buyer demand (showings) and not enough homes available for sale (listings). Today, supply and demand look very different. Supply is up and demand is down. If you have questions about what that shift means for you, DM me.

09/22/2022

If you're looking to buy a home, opportunity is knocking this fall. Let's connect today to get the process started.