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.
June 24, 2025 - 06:13
Goldman Sachs Appoints Aekloveya Shyam as Head of M&A in Global Real EstateGoldman Sachs has made a significant leadership change by appointing Aekloveya Shyam as the new head of mergers and acquisitions (M&A) within its Global Real Estate Group. This decision was...
June 23, 2025 - 23:14
Katherine Cruz Elevated to Engineering Manager at Hancock AssociatesDanvers, MA—Hancock Associates has announced the promotion of Katherine Cruz, P.E., LEED AP, to the position of Engineering Manager. Known affectionately as `Katie` among her colleagues, Cruz has...
June 23, 2025 - 11:48
Will the US-Iran War Trigger an Economic Crisis in America?As tensions escalate between the United States and Iran, concerns are mounting about the potential repercussions on the American economy. Analysts warn that a prolonged conflict could lead to...
June 22, 2025 - 21:27
This Week's Most Sought-After Brooklyn Properties: A Focus on Ditmas ParkIn the latest round-up of popular Brooklyn listings, attention has shifted to an array of charming properties, including a notable Colonial Revival home in Ditmas Park. These listings showcase the...