by Susanne Novak | Feb 21, 2022 | Buyer Tips, Trends
I just want to send you a quick update from the mortgage interest front. You probably heard that interest rates will rise in 2022. Many experts predicted that the 30-year fixed rate will increase to 3.8% by the end of this year. Unfortunately, their predictions were...
by Susanne Novak | Nov 22, 2021 | Seller Tips
You probably heard about iBuyers – instant buyers. They are a new breed of cash buyers – funded by Wall Street – who use online technology to buy your house without you listing it with an agent. iBuyers promise instant cash offers for your house....
by Susanne Novak | Apr 19, 2021 | Buyer Tips, Trends
Did you ever think about investing in real estate, but never pulled the trigger? Now is a good time to get started. Home values are rising, buyers will pay top dollar for nicely remodeled homes, and there’s a severe shortage of affordable rentals. What’s...
by Susanne Novak | Jun 22, 2020 | Buyer Tips
Some lenders are pulling back from rigorous credit score requirements following the uncertainty caused by the pandemic. This is good news for buyers. Credit scores on government loans have been lowered to 640. Some lenders accept as low as 620 for conventional loans....
by Susanne Novak | Jun 15, 2020 | Buyer Tips, Covid
New residential construction is booming in Central Ohio, despite of the pandemic. According to the Census Bureau, 16.4% more single family building permits were issued since the beginning of the year than the same period last year. This chart shows the numbers for...