Consumer confidence is down, and economists are predicting a possible recession. This has led many buyers and sellers to delay their decisions. But could this be an opportunity for you?
Watch the video to find out how current market conditions might benefit you as a buyer.
Welcome to Q1’s rate update! With all the uncertainty in the world, many are asking about the state of the housing market. As we wrap up Q1 2025 and move into spring, here’s a quick overview:
If you have questions or need assistance with housing transitions, feel free to reach out. We’re here to help!
Join us on “Real Talk” as we interview Jennifer Raynak and Katie Fracasso, the dynamic “Twin Team” of Living Room Realtors. Discover their inspiring journey and how they’ve built a thriving real estate practice in Portland, centered on community service and client engagement.
Just yesterday the front page of our local paper highlighted the challenges buyers face in this competitive spring market. If you’re a home buyer, watch this short video for practical steps to achieve the best outcomes:
Want to learn more about your options to win in this marketplace? Contact us today!
Thinking about buying a home? In this video I breakdown 4 key areas to consider when figuring out how much money you need:
1. Professional Inspection: Expect costs around $1,000.
2. Closing Costs & Prorated Payments: Ranging from $7,000 to $20,000, but you might negotiate with the seller to cover these.
3. Buyer Representation Fee: Often negotiable with the seller.
4. Down Payment: Many loan programs offer assistance, so you might not need to save for this!
Want to learn more? Contact us!
Despite the headlines about high interest rates and lack of affordability, the spring buying season is looking promising!
Stay focused, work with a professional realtor, and make the most of this balanced market! Contact us today to get started.
First-time homebuyers!
Curious about how much house you can afford? Watch this short video as I break down the art and science of determining your ideal home budget.
Learn about:
>Debt-to-income calculations
>The eligibility vs. suitability conundrum
>Personalized financial planning tips
Don’t miss out on expert advice tailored to your unique financial situation! Contact us today for a professional opinion on your home affordability.
One of the biggest questions we get from future homeowners is: When should we start the loan pre-approval process? A common mistake is waiting until you’ve found your dream home to contact your lender. Instead, reach out to your lender before you start your home search. Once we have your application, it typically takes just a day or two for an initial pre-approval and a few more days for full underwriting. This way, when you find your dream home, you can move quickly! Remember, loan pre-approvals cost nothing out of pocket and are valid for 120 days. If you have any questions, we’re here to help. Contact us today!
Hey everyone, it’s Evan Swanson from Guild Mortgage!
With new tariffs affecting the economy, many are wondering how this impacts the housing market. Here’s a quick breakdown:
>Tariffs can cause inflation, which is a key driver of mortgage rates.
>Higher inflation expectations often lead to higher mortgage rates.
>Good news: Mortgage rates are currently at multi-month lows despite the tariffs!
Stay tuned for more updates as things remain volatile.
Thanks for watching and please reach out with questions or if I can be of assistance!
Welcome to another episode of the Real Talk video podcast series! In this episode, we are thrilled to interview mortgage industry veteran and capital markets expert, David Battany. With over 30 years of experience as a leader in the field, David shares his invaluable insights on the significance of homeownership in our society. Join us as David demystifies the true determinants of mortgage rates and provides expert advice on when consumers should consider locking in a rate.
His profound understanding and passion for the industry make this episode a must-watch for anyone interested in the mortgage market. Don’t miss out on this engaging and informative conversation with one of the brightest minds in the field. We’re honored to have David on the show!