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So far prswenson has created 1283 blog entries.

January 2023

Pre-Approval in 2023: What You Need To Know

2023-01-19T14:07:09+00:00

One of the first steps in your homebuying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be eligible to take out, how much you may be approved to [...]

Pre-Approval in 2023: What You Need To Know 2023-01-19T14:07:09+00:00

Have Home Values Hit Bottom?

2023-01-18T13:57:12+00:00

Whether you’re already a homeowner or you’re looking to become one, the recent headlines about home prices may leave you with more questions than answers. News stories are talking about home prices falling, and that’s raising concerns about a repeat of what happened to prices in the crash in 2008. One of the questions that’s on many minds, based on [...]

Have Home Values Hit Bottom? 2023-01-18T13:57:12+00:00

Think Twice Before Waiting for 3% Mortgage Rates

2023-01-17T13:00:22+00:00

Last year, the Federal Reserve took action to try to bring down inflation. In response to those efforts, mortgage rates jumped up rapidly from the record lows we saw in 2021, peaking at just over 7% last October. Hopeful buyers experienced a hit to their purchasing power as a result, and some decided to press pause on their plans. Today, the rate [...]

Think Twice Before Waiting for 3% Mortgage Rates 2023-01-17T13:00:22+00:00

What Past Recessions Tell Us About the Housing Market

2023-01-16T13:26:53+00:00

It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are determined by a broad range of factors, so rather than explaining them each in depth, let’s lean on the experts and what history tells us to see what could lie [...]

What Past Recessions Tell Us About the Housing Market 2023-01-16T13:26:53+00:00

Key Terms To Know When Buying a Home

2023-01-13T14:06:25+00:00

Some Highlights Buying a home is a major transaction that can seem even more complex when you don’t understand the terms used throughout the process. If you’re looking to become a homeowner this year, it’s important to know these housing terms and how they relate to the current market so you feel confident throughout the homebuying process. Let’s connect so [...]

Key Terms To Know When Buying a Home 2023-01-13T14:06:25+00:00

Today’s Housing Market Is Nothing Like 15 Years Ago

2023-01-11T13:59:59+00:00

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key [...]

Today’s Housing Market Is Nothing Like 15 Years Ago 2023-01-11T13:59:59+00:00