1. Pre-Approval in 2023: What You Need To Know

    Pre-Approval in 2023: What You Need To Know One of the first steps in your condo or home-buying journey is getting pre-approved. To understand why it’s such an important step, you need to understand what pre-approval is and what it does for you. Business Insider explains: “In a preapproval [sic], the lender tells you which types of loans you may be… read more

  2. Mortgage Rates Are Dropping. What Does That Mean for You?

    Mortgage Rates Are Dropping. What Does That Mean for You? Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and… read more

  3. You May Have More Negotiation Power in Today’s Condo Market

    Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper-competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from other… read more

  4. 3 Trends That Are Good News for Today’s Condo and Home Buyers

    While higher mortgage rates are creating affordability challenges for condo and homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are 3 trends… read more

  5. Do You Believe Homeownership Is Out of Reach? Maybe It Doesn’t Have To Be.

    It turns out, millennials aren’t the renter generation after all. The 2022 Consumer Insights Report from Mynd says there’s a portion of millennial and Gen Z buyers who are pursuing homeownership as a way to build their wealth, but it may not be exactly the way previous generations have done it. The study explains how… read more

  6. Four Things That Help Determine Your Mortgage Rate

    Four Things That Help Determine Your Mortgage Rate If you’re looking to buy a condo or a home, you probably want to secure the lowest interest rate possible for your mortgage loan. Over the last couple of years, that was easier to do as the housing market saw record-low mortgage rates, but this year rates… read more

  7. Why You Should Consider Condos as Part of Your Home Search

    The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search. The… read more

  8. Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

    The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a… read more

  9. Buyers: You May Face Less Competition as Bidding Wars Ease

    One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a condo or home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If… read more

  10. 3 Graphs To Show This Isn’t a Housing Bubble

    With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market shifts, you may be wondering what’ll happen next. It’s only natural for concerns to creep in that it could be a repeat of what took place in 2008. The good news is,… read more