Susanne Novak, Broker/Realtor
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Why Home Ownership is the Best Way to Create Wealth

Why Home Ownership is the Best Way to Create Wealth

by Susanne Novak | Oct 19, 2020 | Buyer Tips

Some people shy away from buying a home while we are in this hot sellers’ market. I don’t blame them. The competition for affordable properties is intense, and home values have increased substantially. After all, you can lease a brand new, modern apartment for a...
Move Up Buyers are Triple Winners with Interest Rates Below 3%

Move Up Buyers are Triple Winners with Interest Rates Below 3%

by Susanne Novak | Jul 20, 2020 | Buyer Tips

Did you delay listing your home because you are afraid you can’t find a new one? If that’s the case, I have good news for you … it has never been more affordable to move up to a luxury home. Mortgage interest rates just dropped below 3%. That’s...
Can Buyers with VA and FHA Loans Compete in Today’s Hot Sellers’ Market?

Can Buyers with VA and FHA Loans Compete in Today’s Hot Sellers’ Market?

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....
With Interest Rates at a 50-Year Low Your Affordability is Through the Roof

With Interest Rates at a 50-Year Low Your Affordability is Through the Roof

by Susanne Novak | Mar 8, 2020 | Buyer Tips

The Coronavirus is causing widespread concerns about the future of our booming economy. No one knows when it will be contained and what the impact on the housing market will be. Uncertainty, however, creates opportunities for buyers. With last week’s cut in interest...
Does the Huge Drop in Interest Rates Increase Affordability?

Does the Huge Drop in Interest Rates Increase Affordability?

by Susanne Novak | Apr 1, 2019 | Buyer Tips

Last week the average interest rate for a 30-year fixed mortgage dropped to 4.06%. A year ago, it was around 4.40%. According to CNBC this is the largest decline in 10 years. The drop-in interest rates was somewhat surprising. Most experts have predicted rates above...
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Recent Posts

  • Market Update: Average Sales Price Hits New Record, Inventory Improves
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  • Should You Buy a $875,000 Townhouse in Dublin’s Bridge Park?
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