The Fred Adams Group: Real estate Update

Real Estate Update

March 2023

How to Take the Emotion Out of Buying a House

When you are trying to buy a house, your emotions can be all over the place. There are highs and lows, and you may feel like it’s a mentally draining experience. You could be feeling excited, stressed, anxious, disappointed or even sad.

Don’t Forget These

When getting your ducks in a row in order to buy a home in the near future, there’s quite a bit of information you’ll need to gather. First, and probably foremost, is what interest rate you choose for the mortgage program you selected. Most every single mortgage program offers an array of interest rate choices, many times there are five, six or even seven listed rate choices. Further, there are also even more rates available that aren’t even listed.

Home Sales Show Strong Increase and Slight Rise in Median Sales Price Over January

read the full report

Why Do People Experience Homebuyer’s Remorse?

A home is almost always the most significant purchase someone makes, so the thought of making a wrong decision stirs up immense anxiety for many buyers or would-be buyers.

Mattress Money

You’re probably aware but if you’re not, lenders will typically need to verify pretty much everything on a loan application. If it’s printed on the application, it will need to be verified via third party sources.

Shape of the Current Market: Winter 2023

February Real Estate Roundup

Freddie Mac's results of its Primary Mortgage Market Survey® shows that "Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market. Potential homebuyers remain sensitive to changes in mortgage rates, but ample demand remains, fueled by first-time homebuyers."

learn more