As I've mentioned, the market is HOT, HOT, HOT...for sellers. For buyers, it's terrible, to be honest. We are indeed in the midst of a housing shortage. Here are the July stats: New listings were up +45% for the month of July versus last July, however month's supply of inventory was down -21.2% and homes... Continue Reading →
Home Shopping in the Age of COVID
Recent studies have shown that buyer sentiment is relatively low, and yet searches on google related to the home buying process are soaring. What is going on? As of end of July, we saw bidding wars abound and a plethora of price INCREASES, the likes of which I'd never seen in my entire career. Inventory... Continue Reading →
To Forbear or not to Forbear: What You Need to know about the CARES Act
Having heard many rumors circulating on the internet, and conflicting information from loan officers and servicing companies, including one angry viral rant about balloon payments on facebook, I decided it was imperative to find out the truth behind what the CARES Act stimulus package affords borrowers on the mortgage front, and the protections that lie... Continue Reading →
The Real Estate Diva’s Top 10 Rules of Short Sales
If real estate were a three-ring circus – and let's face it, most of the time it is – short sales would be the main attraction. And what is a short sale? That is a question that I get asked often by buyers who see the bold “SHORT SALE” words in all caps in the... Continue Reading →
The Final Walk-through: Here’s What You Need To Know
Whether buying or selling, the penultimate step in the transaction is the "walk-through," and for some, it can bring a host of drama to the closing table if all does not go smoothly. Here I will lay out what you should look for and expect as a buyer, and how to prepare as a seller.... Continue Reading →