Providing Hope, Mortgage Rates May Ease Below 6% This Year There’s a lot of confusion about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. If you’re looking to buy or sell a home, this is a big deal and good news. While rates are going to continue to bounce around a bit based on various economic drivers […]
Will Mortgage Rates Come Down? The Million Dollar Question
Will Mortgage Rates Come Down? The Million Dollar Question Today, let’s dive into the fascinating world of mortgage rates here in Oregon’s wine country. Whether you’re contemplating the idea of downsizing or upsizing your current home, or maybe you’re embarking on the journey of moving and buying a home in our small town region, mortgage rates are a topic you can’t afford to overlook. So, grab your favorite glass of Pinot Noir and lets embark […]
The Truth About Your Credit Score and Buying a Home
If you’re thinking about buying a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a home loan. Lenders review your credit to assess your ability to make payments on time, to pay back debts, and more. It’s also a factor that helps determine your mortgage rate. An article from Bankrate explains: “Your credit score is one of the most important factors lenders consider […]
New Construction Home Inspection – The What & Why
New Construction Home Inspection -The Truth About and Why They Are Vital Should you have a professional home inspection done on a new construction home? Without a doubt yes. When you have a professional inspection completed before you close and occupy your newly built home, you have the opportunity to catch issues before you become responsible for the repairs as they are still covered under your builders warranty. Stick with me as I go over […]
Pay Attention to Your Hyperlocal Housing Market
In talking about the 2023 housing industry, one thing experts agree, unlike the last few years, it will be hyperlocal. We will see some markets across the nation drop home prices. Others will remain flat while some communities will continue to see moderate value price increases. Will the national news be able to tell the whole story for where you live? The consensus is that unlike the last few years, in the year ahead, probably […]
How Owning a Home Builds Your Net Worth
How Owning a Home Builds Your Net Worth Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey […]
Expert Housing Market Forecast for the Second Half of 2022
Expert Housing Market Forecast for the Second Half of 2022 The housing market is at a turning point, and if you’re thinking of buying or selling a home, that may leave you wondering: is it still a good time to buy a home? Should I make a move this year? To help answer those questions, let’s turn to the experts for projections on what the second half of the year holds for residential real estate. Where Mortgage Rates Will […]
COMING SOON HOMES, What, Why & How
Have you ever been driving through a neighborhood and noticed a pending sign in front of a home? Yet driving that road every day, you know you’ve never seen a for sale sign go up? Most of America, when searching for homes, has come to rely on the platforms of Zillow, Redfin, Realtor.com, Trulia and the likes. Maybe this sounds familiar to you? As a buyer this can be frustrating. Especially if it is a neighborhood you have been […]
Newberg, Oregon | The Gateway to Oregon’s Wine Country
It is known as the Gateway to Oregon’s Wine Country. Where the suburbs of Portland roll into the fertile hills of the Willamette Valley. This city is home to one of the original 1950’s drive in movie theaters, a luxury resort and spa, nationally certified BMX track and skate park, hot air balloon adventures, a champion style public golf course, vineyards, breweries and so much more. Where am I? Newberg, Oregon! Today I answering clients questions about the […]
Housing Market Update, How the Russia-Ukraine Crisis Effects the Housing Industry
How can a war an ocean away effect our housing economy? Providing you a housing market update on the effects of the Russia-Ukraine crisis and how energy, inflation and stocks are effected and how they each effect our housing market…