What Is a Coming Soon Listing?

A Coming Soon listing is a home that has been entered into the Multiple Listing Service (MLS) but is not yet ready for showings. The seller may still be preparing the property by scheduling professional photography, completing last-minute repairs, …

As of August 17, 2024, Realtors are no longer allowed to show any paid fee (compensation) for the buyer's Realtor in the Realtor's MLS system. This does not mean fees are not being paid. It just can't be advertised on the MLS system. It can however be advertised anywhere else …

How a 0.5% Drop in Interest Rates Affects a $450,000 House

Interest rates are a critical factor in the cost of homeownership. A change in interest rates can significantly impact your monthly mortgage payment and overall financial situation. Let’s explore how a 0.5% reduction in interest rates affects a …

If you average the most recent projections from the major industry forecasters, the expectation is home prices will increase by 7.7%. Let us take a house that is valued today at $325,000 as an example: If the buyer makes a 10% down payment ($32,500), they’ll end up borrowing $292,500 for …

A gallery art wall may be just the perfect addition for your home. Blanks walls needing attention. A gallery wall is a perfect way to liven any space. Start by choosing a color theme. Picking cohesive colors that complement each other well is important. Are you going for bold, bright …

Curious to know what credit score is required for a mortgage? We will break it down below; it may be easier to get qualified for a home loan than you think. What credit score is required for a mortgage, fico score, home loans, mortgage? What is a good …

Today’s U.S. housing market is leaving many prospective home buyers priced out. Homes, on average, have become less affordable, and the ones that are affordable are in short supply. As a result, 55% of future homebuyers believe that homeownership is out of reach for them financially, according to recent Fannie …

Buying a home in a seller's market can be a challenge without the right negotiation tactics When you are trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a …

  Home prices may be rising by double-digit percentages annually but buying a home still may be more affordable than renting in several of the nation’s largest cities, according to a new study from realtor.com®. Record-low mortgage rates are helping to tilt more markets in favor of buying over …

A jumbo mortgage is a loan that falls outside of the conforming loan limits set by the FHFA. A jumbo loan allows you to purchase a home with a sale price over conforming loan limit ($548,250- in most areas). Typically, jumbo loans require high credit scores, low DTI, and cash …