Apartments in Boston

Paul Centopani, Editor for the Mortgage Reports, explains

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Connect with a local real estate professional so you have the tools you need to succeed as a homebuyer in today’s shifting market.

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You’re going to need guidance to navigate these waters, so it’s important to have a team of professionals, such as a real estate advisor and trusted lender, on your side.

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Why Pre-Approval Is a Game Changer for Homebuyers - Charles River Properties - Real Estate If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and...

Put simply, pre-approval from a lender helps you understand your true price range and how much money you can borrow for your loan.

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Most sellers won’t even consider an offer unless the buyer is pre-approved at the right price point.

Read the full article: Why Pre-Approval Is a Game Changer for Homebuyers
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Why Pre-Approval Is a Game Changer for Homebuyers
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Why Pre-Approval Is a Game Changer for Homebuyers - Charles River Properties - Real Estate If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and...

Today, more homes are available in this segment of the market, but as the report mentions, more buyers are investing here too, so competition may heat up sooner rather than later.

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If you’re clamoring for more room to accommodate your changing needs, making a move may be your best bet, especially while you can take advantage of today’s low mortgage rates.

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Homeownership is the first rung on the ladder of financial success for most households, as their home is most often their largest asset.

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As a result, some renters are making the jump into homeownership while some homeowners are re-evaluating their current house and considering a move to one that better fits their current lifestyle.

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This year, 41% choose real estate as the best investment, up from 35% a year ago, with stocks a distant second.”

Read the full article: Americans See Real Estate as a Better Investment Than Stocks or Gold
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Here’s a look at what’s driving this sellers’ advantage and why there’s so much opportunity for homeowners who are ready to move this season.

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They didn’t understand how to request forbearance

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Many people fear the speed of appreciation may lead to a crash in prices later this year.

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The National Association of Realtors (NAR) notes homes are getting an average of 4.8 offers per sale, and that number keeps rising.

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How Much Time Do You Need To Save for a Down Payment?

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#2021|Buyers

Prices are being driven upwards by a combination of factors, including ...

Read the full article: This Isn’t a Bubble. It’s Simply Lack of Supply. [INFOGRAPHIC]
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Buyers will remember the smell of your house, and according to the same report from NAR, the kitchen is one of the most important rooms of the house to focus on if you want to attract more buyers.

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There appears to be no shortage of opportunities to sell your rental property.

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What if you’re able to take advantage of one of the 3% down payment programs available?

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The only area where there is sufficient inventory is in $1 million-plus homes .

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Spending so much more time in our current homes has driven many people to reconsider what homeownership means and what they find most valuable in their living spaces

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If the current headlines reporting a supposed drop-off in home affordability are making you nervous, let’s connect to go over the real insights into our area.

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Based on this primary factor, we can see that it’s more affordable to buy a home today than at any time in the last eight years.

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This year, 41% choose real estate as the best investment, up from 35% a year ago, with stocks a distant second.”

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This number has doubled since the first quarter of 2020 (See graph below):As buyers face increasingly tough competition while searching for homes to purchase, they’re more likely to be flexible and generous in their negotiations.

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Here are some of the reasons why those borrowers didn’t opt for forbearance

Read the full article: It’s Not Too Late To Apply For Forbearance
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Coronavirus-related preference changes have also sharply boosted home buying demand.

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After 13 straight years of underproduction – the chief cause for today’s inventory shortage – this construction boom needs to last for at least three years to make up for the part shortfall.

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However, one element of the equation is often ignored – the ability to build wealth as a homeowner.

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