January 13, 2025 - 09:00
Have you been sitting on the fence this past year, contemplating your next move in the housing market? As we approach 2025, several factors could jeopardize your chances of securing the home of your dreams. Here are five critical pitfalls to avoid.
First, neglecting to improve your credit score can be detrimental. A low score may lead to higher mortgage rates, making your desired home less affordable. Second, failing to save for a substantial down payment can limit your options. Many sellers prefer buyers with larger down payments, which can also reduce monthly mortgage costs.
Third, overlooking the importance of pre-approval can hinder your bargaining power. A pre-approved mortgage demonstrates to sellers that you are a serious buyer. Fourth, being indecisive in a competitive market could result in missed opportunities. Homes are selling quickly, and hesitation can cost you.
Lastly, ignoring the overall costs of homeownership, such as maintenance, taxes, and insurance, can lead to financial strain. By being mindful of these pitfalls, you can enhance your chances of turning your dream home into a reality in 2025.
July 30, 2025 - 09:45
Real Estate Transactions in Lucas County: July 18-24, 2025In the week spanning July 18 to July 24, 2025, several notable real estate transactions took place in Lucas County, highlighting the ongoing activity in the local property market. One significant...
July 29, 2025 - 22:02
Record-Breaking Sale: Dr. Nicole Martin's Waterfront Mansion Sold for $40 MillionIn a stunning real estate transaction, Dr. Nicole Martin`s luxurious waterfront mansion in Coral Gables has been sold for an astounding $40 million. This sale marks a new record for the area,...
July 29, 2025 - 02:07
Positive Changes on the Horizon for Real Estate AppraisersIn a significant shift for the real estate appraisal industry, professionals who have long faced challenges and abuse are beginning to see a glimmer of hope for improvement. The landscape for...
July 28, 2025 - 08:18
Groundbreaking Ceremony for New 312-Unit Residential Development in Lexington, MALEXINGTON, Mass.— A significant milestone has been reached as construction has officially commenced on a new residential project featuring 312 mixed-income units at 17 Hartwell Avenue. This...