Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house. Here are five key reasons why working with a real estate professional makes sense today. 1. A Professional Follows the Latest Market Trends With higher mortgage rates and … [Read more...]
How an Expert Can Help You Understand Inflation & Mortgage Rates
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 … [Read more...]
“Should I wait until the market crashes until I buy another investment property?”
Also sometimes stated as “Foreclosures are coming… so I’ll get a deal if I wait.” My answer is “No – buy now!” Why? Because demand is still so strong for investment homes and the months-of-remaining inventory still firmly shows we are in a Sellers’ Market. Our investors like to buy in three counties. All three: Cobb, Cherokee, and Bartow have a lack of inventory. The have 1.7, 2.2, and 2.0 months of remaining inventory (MRI) for homes priced under $400,000. This means that even with the … [Read more...]
A Crucial First Step: Mortgage Pre-Approval
Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash
Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. One of the key reasons why the market won’t crash this time is the current undersupply of inventory. Housing supply comes from three key places: Current homeowners … [Read more...]
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