The 2025 housing market is expected to undergo a period of significant transition. After a period of rapid price appreciation and limited inventory, several key factors are poised to reshape the landscape: Mortgage Rates Stabilize: While a dramatic decrease is unlikely, experts anticipate a modest softening of mortgage rates. Projections suggest a stabilization within the […]
Smaller Homes, Bigger Opportunities: The Homebuilder Trend Buyers Love
Rising mortgage rates and soaring home prices are making it increasingly difficult for many to afford homeownership. However, if you’re open to a smaller home, you might find attractive options in new construction communities. Builders Are Building Smaller Homes Facing affordability challenges, many buyers are seeking smaller homes. This shift in demand has prompted builders […]
Pre-Approval: A Crucial Step in Homebuying
Buying a home is a significant milestone. Before you even start browsing listings, one crucial step often gets overlooked: pre-approval. Think of pre-approval as a “green light” from a lender. It’s a formal process where a lender assesses your financial health to determine the loan amount they’re willing to offer you. To do this, they’ll […]
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