REAL ESTATE NEWS IN (AND AROUND) MILWAUKEE
Gaining knowledge in the ever-evolving market of real estate can be overwhelming and stressful, that’s why my aim in this blog is to make it more accessible and applicable to our area and hopefully, to you!
Using Your Equity to Your Benefit
We’ve talked several blog posts ago about not needing a large down payment and the myths surrounding that, but what changes if you do have a large down payment? The latest data from Redfin shows us that a typical down payment for a home in the US is $67,500, which is the largest on record! Over the last 5 years, prices of homes have …
Things to avoid if you’re applying for a mortgag...
When you’re applying for a mortgage, you may think it is as easy as having money in the bank and a good credit score–but it’s much more than that! Just remember, take these precautions throughout the mortgage process to close to ensure you’re making it easy on yourself. You may want to break open your piggy bank and put those savings in your bank …
Why didn’t my house sell?
In today’s market, it may sound like all you have to do is put the FOR SALE sign in your front yard and the buyers will come to knock down your door. However, if you put that sign out and don’t have the results you were hoping for, here are a couple of things you may need to do to get that …
First Step, Pre-Approval!
With higher interest rates and home prices predicted to keep increasing, the amount you may be able to afford changes–couple these with the low inventory in the area and suddenly, the competition begins. Luckily, you can have a slight edge over the competition if you are prepared! How do you get prepared? You get pre-approved. Pre-approvals are critical to understanding your buying power, and …
What are experts saying about the next 5 years in home...
When deciding whether to buy a home or not, there are so many things that you have to take into consideration, but have you considered what the future may hold about that purchase? While we don’t have a crystal ball, we do have some experts we can look to for a peek into what may be coming next. House prices, despite the negative headlines …
Do I need a 20% down payment to purchase a home?
There are so many costs associated with homeownership and the down payment is one that can be a little intimidating. The reason it’s so intimidating is because most of us think we need that 20% to put down and when house prices are up, that seems impossible. However, there is some good news on that front! Simply put, the idea that you have …