Real Estate

National Real Estate Insights

Real Estate

National Real Estate Insights - The biggest change in market conditions has been a large increase in the number of homes for sale they are up 28.5% from March of 2024 and have reached the highest month-of-March count since 2020. - Existing-home sales volume rose from February, but fell on a year-over-year basis. March 2025 saw the lowest number of March sales in 5+ years. - With year-over-year listing numbers climbing rapidly and year-over-year sales volume declining, the pending-sale ratio, which measures buyer demand compared to the supply of homes, has fallen, signifying a shift toward a buyer’s market. - The decline in the...

Your Mortgage Questions Answered

MortgageReal Estate

Frequently Asked Mortgage Questions Does the term "amortization" leave you perplexed? Are you unsure how preapproval differs from prequalification? If so, you're not alone. Here are some mortgage basics to help you become more familiar with the process. What's the difference between prequalification and preapproval? Getting prequalified is often the first step when searching for a home. You supply basic financial information, such as your income, assets and debts, and the lender then provides a preliminary estimate of the amount for which you may qualify. Preapproval involves an in-depth look at your finances and usually requires an application fee, but...

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