cindy, Author at Brooke Marie Collective

Hope Is on the Horizon for Today’s Housing Shortage

by cindy | Jun 17, 2021 | Notes from Brooke | 0 comments

The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy. Simply put, supply can’t keep up with demand. A normal market has a 6-month supply of homes for sale. Anything over that indicates...

How Much Down Payment Do You Need for a House?

by cindy | Jun 11, 2021 | Notes from Brooke | 0 comments

Before you start shopping for a home, you need to know what you can afford – and a big part of that depends on how much you can afford as a down payment. But how much down payment do you need to be able to afford the house you want? The answer isn’t the same for...

This Isn’t a Bubble. It’s Simply Lack of Supply.

by cindy | Apr 23, 2021 | Notes from Brooke | 0 comments

Are We In A Housing Bubble? In a recent article, Lawrence Yun, Chief Economist for the National Association of Realtors (NAR), discussed the state of today’s housing market. When addressing whether or not today’s high buyer competition and rising home prices are...

What Credit Score Do You Need for a Mortgage?

by cindy | Apr 13, 2021 | Notes from Brooke | 0 comments

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to...

Why Choosing the Right Real Estate Agent Really Matters

by cindy | Apr 5, 2021 | Notes from Brooke | 0 comments

Real estate agents all have different personalities, negotiation styles, and values, and these have an impact on the way they treat their clients, find houses, and strike deals. While it may seem like real estate agents come a dime a dozen, a good one can get you top...