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For Buyers 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 homebuying 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 eligible to take […]
For Sellers What’s Really Happening with Home Prices?    
For Buyers You May Have More Negotiation Power When You Buy a Home Today   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 buyers. And […]
Housing Market From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect so you understand where the housing market is headed in 2023.       Lucy Yip CENTURY 21 Carioti 407.590.4462 www.LucyYip.com
Florida Things Are you ready for a Hurricane? Hurricane Prep Time!  Preparing for hurricane season is part of being a Floridian. Most Floridians know hurricane season officially begins each year on June 1st and ends on November 30th, with peak season stretching from August to October each year. With a hurricane right around the corning, it is time to make sure we are […]
Interest Rates The Drop in Mortgage Rates Brings Good News for Homebuyers The Drop in Mortgage Rates Brings Good News for Homebuyers Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that […]
For Buyers What Does an Economic Slowdown Mean for the Housing Market? What Does an Economic Slowdown Mean for the Housing Market? According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence […]
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