What Homebuyers Need To Know About Credit Scores

Some Highlights Data shows 7 out of 10 prospective homebuyers don’t know the minimum credit score required by lenders or that it varies by lender and loan type. According to Experian, the range is anywhere from 500 to 700 for the minimum credit score. That means you don’t need perfect credit to buy
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Visit my website at: https://www.anastasiakaufman.com/ Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/ Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS Cell: 401-338-2749 Email: Anastasia@anastasiakaufman.com
Read More The Top 2 Reasons To Look at Newly Built Homes

When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line. Here’s why a new build is wor
Read MoreSpotted on Zillow: Five Home Trends To Follow in 2025

Cozy spaces and luxurious wet rooms are poised to be popular next year. Nostalgia and technology are set to coexist in more homes come 2025. That’s the big takeaway from Zillow’s research into which features and design elements are gaining interest on Zillow.com. Real estate agents are well-tuned to
Read More5 housing market predictions for 2025, according to economists

Published Sun, Dec 8 202410:00 AM ESTUpdated Tue, Dec 10 202411:27 AM EST By: Ana Teresa Solá Miniseries | E+ | Getty Images Housing is not cheap — whether you’re buying or renting. In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior,
Read MoreMortgage refinance demand surges 27%, as interest rates drop for the third straight week

Published Wed, Dec 11 20247:00 AM ESTUpdated Wed, Dec 11 20248:13 AM EST By: Diana Olick watch nowVIDEO01:42Mortgage refinance demand surges 27%, as interest rates drop for the third straight week Mortgage rates fell again last week, and while the drop wasn’t huge, it was enough to spur current home
Read More‘Unverifiable income’ can limit your mortgage options — here’s how to get around it

Published Wed, Dec 11 202411:06 AM ESTUpdated 4 Hours Ago By: Ana Teresa Solá Sdi Productions | E+ | Getty Images A number of factors can get your mortgage application denied. So-called “unverifiable income” is one of them. Mortgage lenders want to know if you’re financially capable of paying back
Read MoreWhy Moving to a More Affordable Area Makes Sense

Moving to a more affordable area could be the fresh start you need to get ahead financially. While some markets are certainly more affordable than others, know that working with a trusted real estate agent to find what fits your budget and your desired location – no matter where you want to be – is
Read MorePets, Politics and Presidents: Yun Forecasts Economy, Policy at NAR NXT

Post-election realities and uncertainties took center stage as the NAR chief economist took questions on tariffs, the GSEs and more. By Jesse WilliamsNovember 12, 2024 Reading Time: 5 mins read 1 Boston, MA—Addressing an audience of hundreds on yet another big stage last week, Dr. Lawrence Yun, chie
Read MoreWhat Will It Take for Prices To Come Down?

You may be wondering if home prices are going to crash. And believe it or not, some people might even be hoping this happens so they can finally purchase a more affordable home. But experts agree that’s not what’s in the cards – and here’s why. There are more people who want to buy a home than there
Read MoreWhy More Sellers Are Hiring Real Estate Agents

Putting your house for sale on your own – often called “For Sale by Owner” or FSBO – might be on your mind. But you should know that it gets complicated very quickly, especially in today’s complex market. That’s why data from the National Association of Realtors (NAR) shows a record low number are g
Read MoreWhy This Winter Is the Sweet Spot for Selling

Some Highlights Thinking about selling your house? Here are a few reasons why you may want to do it this season. Buyers looking right now are serious about moving and the number of homes for sale is typically lower this time of year – helping your house stand out. While inventory is higher this year
Read MoreWhy Owning a Home Is Worth It in the Long Run

Today’s mortgage rates and home prices may have you second-guessing whether it’s still a good idea to buy a home right now. While market factors are definitely important, there’s also a bigger picture to consider: the long-term benefits of homeownership. Think of it this way. If you know people who
Read More10 Listing Faux Pas That Drive Agents (And Their Buyers) up the Wall

By Lighter Side Staff Listing a home is an art form… or at least it should be. But sometimes, the “masterpieces” you see feel more like finger-painting. Online real estate listings are often a buyer’s first impression of a home, which makes it crucial for listing agents to nail every photo and word.
Read MoreTop 10 Reasons People Plan to Move In the Next Year (According to the Numbers)

By Lighter Side Staff Moving doesn’t happen overnight. In fact, most people start thinking about moving years in advance of actually packing up the moving truck. People need time to think through when and where they’ll move to. But no matter where or when someone moves, there’s always something that
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By: Lighter Side Staff Most people don’t feel like being a first-time home buyer is a walk in the park. It can be difficult to scrape together enough of a down payment, find a house you can afford, and manage to outbid all of the other buyers vying for it. But buying another house when you’re alread
Read More Homebuyer demand for mortgages jumps 12% after first interest rate drop in over 2 months

Published Wed, Nov 27 20247:00 AM ESTUpdated Wed, Nov 27 20249:53 AM EST By: Diana Olick The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the M
Read MoreHere’s what the rise of homeowners associations means for buyers

Published Mon, Dec 2 20242:26 PM EST By: Ana Teresa Sola Sturti | E+ | Getty Images When shopping for a home, many buyers may hope to avoid purchasing a property subject to a homeowners association. But that may be easier said than done. That’s because HOAs are on the rise in the U.S. Therefore it’
Read MoreThis factor can get your mortgage application denied — even for a high earner

Fotostorm | E+ | Getty Images If you need to get a mortgage to buy a house, make sure your finances are in order — especially your debt-to-income ratio. Your debt-to-income ratio is all your money debt payments divided by your gross monthly income. It’s the “number one way” lenders measure your abil
Read MoreHomebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month

Published Wed, Dec 4 20247:00 AM ESTUpdated Wed, Dec 4 20247:54 AM EST By: Diana Olick VIDEO02:41Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale. Tha
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