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Lighthouse Real Estate Blog

Monday, March 7, 2022   /   by Catherine Pabatao

Rising Home Prices

If rising home prices and interest rates are top of mind, you may be wondering if it makes more sense to wait to make your home purchase. Just know that many experts say waiting is a risk. That’s because home prices and mortgage rates are both projected to continue climbing. DM me if you’re ready to act quickly in today’s market.


#dontwait #mortgagerates #homeprices #firsttimehomebuyer #homeownership #investinyourfuture #focus #realestatetips #realestatestats #realestateinfo #expertanswers #stayinformed #staycurrent #keepingcurrentmatters

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Sunday, March 6, 2022   /   by Catherine Pabatao

Supply and Demand in Today’s Market

Some Highlights

Today’s housing market is the direct result of low supply and high buyer demand. Here’s what that means for you and your plans to buy or sell.
For buyers, expect competition, be ready to move fast, and be prepared to submit your strongest offer. For sellers, know your house will be the center of attention and that it’ll likely sell quickly and get multiple offers.
If you’re ready to move, let’s connect to talk about our local area and how you can take advantage of today’s unprecedented housing market. ...

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  buyers, spring market, sellers

Saturday, February 12, 2022   /   by Catherine Pabatao

Don’t Let Student Loans Delay Your Homeownership Dreams

If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify for a home loan with that debt?

To give you the answers you’re searching for, let’s take a look at what recent data shows. That way, you know what to expect and what to do next to achieve your dream of becoming a homeowner. While everyone’s situation is unique, your goal may be more within your reach than you realize.
Do you have to delay your plans because of student loans?

If you’re worried your student loans mean you have to put your homeownership goals on hold, you’re not alone. In fact, many first-time buyers believe they have to delay their plans. According to data from the National Association of Realtors (NAR):
“When asked specifically about purcha ...

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  buyers

Monday, January 31, 2022   /   by Catherine Pabatao

Owning Is More Affordable than Renting in the Majority of the Country

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says:
“. . . Owning a median-priced home is more affordable than the average rent on a three-bedroom property in 666, or 58 percent, of the 1,154 U.S. counties analyzed for the report. That means major home ownership expenses consume a smaller portion of average local wages than renting.”
Other experts in the industry offer additional perspectives on renting today. In the latest Single-Family Rent Index from CoreLogic, single-family rent saw the fastest year-over-year growth in over 16 years when comparing data fo ...

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  rents

Saturday, January 29, 2022   /   by Catherine Pabatao

Why Your Home Inspection Matters

Why Your Home Inspection Matters 

Some Highlights

Buying a home and wondering if your inspection is necessary? While some buyers may decide to waive their inspection, it’s risky decision.
Your home inspection is a crucial step in the homebuying process. It assesses the condition of the home you plan to purchase, so you can avoid costly surprises down the road.
Let’s connect so you have expert advice and a trusted professional who will keep your interests top of mind. ...

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