Important Questions to Ask Your Lender
When you’re ready to buy a home, the number one job you have is to ensure you put in the work to find the best mortgage lender on the market to meet your needs. No two mortgage lenders are built…
If You’re a Buyer, Is Offering Asking Price Enough?
In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they…
![It’s Still a Sellers’ Market [INFOGRAPHIC]](https://www.primemortgage.com/wp-content/uploads/2021/09/20210924-KCM-Share-549x300-1.png)
It’s Still a Sellers’ Market [INFOGRAPHIC]
Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why…
Two Reasons Why Waiting a Year To Buy Could Cost You
Buying Myths · First Time Home Buyers · For Buyers · For Sellers · Housing Market Updates · Interest Rates · Move-Up Buyers · Pricing
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a…
Is a 20% Down Payment Really Necessary To Purchase a Home?
Buying Myths · Demographics · Down Payments · First Time Home Buyers · For Buyers · Gen Z · Millennials
There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a…
Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?
A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the…
Is It Time To Move on to a New Home?
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold…
![Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]](https://www.primemortgage.com/wp-content/uploads/2021/09/20210917-KCM-Share-549x300-1.png)
Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]
Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the…
Is the Number of Homes for Sale Finally Growing?
An important metric in today’s residential real estate market is the number of homes available for sale. The shortage of available housing inventory is the major reason for the double-digit price appreciation we’ve seen in each of the last two…
5 Tips for Making Your Best Offer
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. If you’re buying this fall, you’ll want every advantage,…