by Susanne Novak | Aug 24, 2020 | Covid, Market Updates
The housing market has experienced an incredible recovery after the lockdowns. We broke numerous records in July, but a surprise development may signal the end to the summer boom. Monthly Closings Set All-Time Record A total of 3,536 home sales closed in July....
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...
by Susanne Novak | Jul 13, 2020 | Buyer Tips
Last week prominent finance expert and TV personality Suze Orman wrote a post on Facebook that caused quite a stir among real estate professionals. She told her followers to delay any home buying until September, because of a pending threat of foreclosures due to high...
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 | May 26, 2020 | Market Updates
You would not believe it when you read the papers – buyer demand is through the roof. Both properties I listed last week are now in contract at or above list price. The Muirfield residence you see featured at the end of this email had 12 showings on the first...
