Be ready for bidding wars in today’s market
Mortgage News: With increasing competition and a shortage of supply, bidding wars have become typical—but there are tactics buyers can use to strengthen their offer.
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Mortgage News: With increasing competition and a shortage of supply, bidding wars have become typical—but there are tactics buyers can use to strengthen their offer.
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Not getting caught up in the emotions of a competitive market is key to avoiding buyer’s remorse and successfully navigating bidding wars.
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Mortgage News: Homebuying is more competitive than ever this year, with a surge in speedy, virtual sales, new construction homes, and a widening supply gap.
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Mortgage News: New homes now take up a record high portion of the market, and they may be more affordable than existing homes.
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Sellers are driving the market, but first-time buyers can still find success if they stay open to compromise and work with agents who set proper expectations.
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Mortgage News: Mortgage rates have dropped for the third week in a row, and homeowners are likely jumping on the opportunity to refinance at a lower rate.
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Mortgage News: Builders are moving at their fastest pace in 15 years—but buyers are still likely to face tough competition for new developments.
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Mortgage News: While a recent dip in rates may provide homeowners savings, the truth is, shifts in the market shouldn’t determine when it’s time to refinance.
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Spring real estate markets heat up across the sun belt, and median listing prices hit an all time high as buyer demand continues to far outweigh housing supply.
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Mortgage News: Home prices are growing at their fastest pace in 15 years, but homebuyers still have options that can help remedy home costs.
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Mortgage News: Homebuying season is upon us, but given the pandemic’s impact on the market, heavy sales and competition may not be limited to just one season.
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Mortgage News: Even though rates are rising, they’re still low enough to save owners and buyers more than last spring when the pandemic began.
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The real estate market is showing no signs of slowing, as homebuyers begin to feel the fatigue of multiple-offer scenarios and all-out bidding wars.
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Mortgage News: Rising property values have driven home equity to a record high, leading more and more owners to cash-out refinance.
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Mortgage News: After last year’s pandemic-driven trend of urban flight, competition and price growth has returned to city markets.
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Mortgage News: The current rise in rates may not mean the end of the refinance wave, as new data shows many homeowners are still eligible to save. Meta Description
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Mortgage News: Rates jump dramatically as the market responds to stimulus plans and the vaccine rollout.
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The real estate market continues its hot start to 2021 with larger mortgage down payments and an increase in jumbo loan activity.
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Mortgage News: With homebuyer demand increasing and inventory on the decline, the number of buyers being outbid for a home has doubled.
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Mortgage News: A majority of buyers are making offers on properties they haven’t seen in person, and the trend may continue even after pandemic risks subside.
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