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RECENT BLOG POSTS
When buying or selling a property, one crucial step in the process is obtaining an appraisal to determine its value. Appraisals provide an objective assessment of a property's worth, influencing important decisions such as mortgage approvals, negotiations, and even insurance premiums. However, th...
07/17/2023
Last week’s economic reporting included readings on month-to-month and year-over-year inflation and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also published.Month-to-Month Inflation Rises as Year-Over-Year Inflation SlowsThe Consumer Price Index for June rose 0...
07/17/2023
When you're in the process of buying a home, one of the most important steps is obtaining a mortgage approval. This approval signifies that a lender is willing to offer you a loan to finance your dream home. The timeline for getting a mortgage approval can vary depending on several factors.Initia...
07/12/2023
When it comes to applying for a mortgage, lenders take various factors into account to determine your eligibility. One crucial aspect they consider is your employment history. Your employment history provides lenders with valuable insights into your financial stability, income consistency, and ab...
07/12/2023
Last week’s scheduled economic reporting included readings on construction spending, June’s FOMC meeting minutes, and reports on jobs and the national unemployment rate. Weekly readings on mortgage rates and jobless claims were also released. Construction Spending Increased in MayThe Commerce Dep...
07/10/2023
Inflation can erode the value of your savings over time, and one way to hedge against inflation is by investing in assets that appreciate in value over time. Real estate is often considered a good hedge against inflation, as property values tend to rise in line with inflation.Here are some ways a...
07/07/2023
Buying a new home is an exciting and significant milestone in anyone's life. However, it's essential to approach the homebuying process with caution and thoroughness to ensure that you're making a sound investment. One crucial step in the homebuying journey is the home inspection. A home inspecti...
07/03/2023
Last week’s scheduled economic news includes readings on inflation, new home sales, pending home sales, and consumer sentiment. Federal Reserve Chair Jerome Powell spoke at a banking conference in Spain. Weekly reports on mortgage rates and jobless claims were also released.New Home Sales Rise as...
07/03/2023
April readings for S&P Case-Shiller’s Housing Market Indices showed gains in home prices throughout the U.S. Rising prices were caused by shortages of previously-owned homes for sale and increasing buyer demand as the average 30-year mortgage rate exceeded six percent.  The southeastern region lo...
06/29/2023
Buying your first home is an exciting milestone in life, but it can also be overwhelming and filled with questions. As a first-time home buyer, you want to make informed decisions and ensure a smooth process. Below we will address some of the common questions that first-time home buyers often ask...
06/28/2023
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Bob Elliot

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Real Estate Experience Matters! Local and national market news, trends, and updates.