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The One Thing Every Homeowner Needs To Know About a Recession Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

The One Thing Every Homeowner Needs To Know About a Recession

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National…
Mike Stott
May 19, 2022
Why Rising Mortgage Rates Push Buyers off the Fence Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Why Rising Mortgage Rates Push Buyers off the Fence

If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in…
Mike Stott
May 17, 2022
If You’re a Homeowner, You Have Incredible Leverage When You Sell Today Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on…
Mike Stott
May 16, 2022
What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the…
Mike Stott
May 12, 2022
Are There More Homes Coming to the Market? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Are There More Homes Coming to the Market?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have…
Mike Stott
May 11, 2022
Will Home Prices Fall This Year? Here’s What Experts Say. Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Will Home Prices Fall This Year? Here’s What Experts Say.

Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s Happening with Home Prices? …
Mike Stott
May 10, 2022
How Today’s Mortgage Rates Impact Your Home Purchase Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

How Today’s Mortgage Rates Impact Your Home Purchase

If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on…
Mike Stott
May 9, 2022