by Donna Travis | May 23, 2023 | Home Buying, Real Estate
Mortgage rates have been on a wild tear recently, reaching 20-year highs topping 7% near the end of last year and bouncing around unpredictably ever since. And since even slight fluctuations in rates end up costing homebuyers hundreds of dollars a month, it’s...
by Donna Travis | Mar 25, 2022 | Home Buying, Real Estate
People do crazy things to buy the home of their dreams in a hot market. They purchase properties sight unseen. They offer well (well) above asking price. They get caught up in FOMO (fear of missing out) and make quick decisions on huge purchases. In today’s market...
by Donna Travis | Mar 18, 2022 | Home Buying, Real Estate
For sellers, getting multiple offers on a house is a dream. But for buyers who have fallen in love with a particular property, hearing that their offer is one of many can be maddening. Having to compete with other buyers means your chances of getting the home will...
by Donna Travis | Mar 11, 2022 | Home Buying, Real Estate
Buying a home can be challenging, especially for buyers confronting all the financial realities of purchasing a house for the first time. You may even think homeownership is out of reach, because you have a low credit score or a moderate income. But there’s good news...
by Donna Travis | Feb 25, 2022 | Home Buying, Home Selling, Real Estate
Click the image to watch a short video! The Long & Foster Companies experienced tremendous growth last year. As the nation’s No. 1 real estate firm, Long & Foster has guided people home since 1968. We’re a full-service brokerage firm, offering residential and...
by Donna Travis | Feb 18, 2022 | Home Buying, Real Estate
Buying a house typically requires some serious savings. After all, with the median home price hovering at $375,000, a 20% down payment amounts to $75,000. Yes, you can put down less. (The national average is 12%, although some loans allow as little as 3%.) However, in...
