Trey Pennington, NMLS #1490738

04/28/2025

🏡 Monday Market Update: What You Need to Know About Housing in 2025 📈

There’s a lot of noise out there about the housing market and mortgage rates — but here’s the real story:

✅ Buyer demand is holding strong – Even with slightly higher mortgage rates, pending home sales and purchase applications are outperforming expectations!

✅ 2025 is ahead of 2024 – We’re seeing more pending contracts, more positive weeks for purchase applications, and inventory is finally moving upward toward a healthier market.

✅ Mortgage rates could be lower if spreads normalize – Right now, the “spread” between mortgage rates and the 10-year Treasury is still elevated. If spreads return to normal, rates could drop by about 0.62%–0.82%.

✅ More inventory = more opportunities – Listings are rising and the market is moving toward balance. More homes mean more choices for buyers!

🔍 Big Picture:
• The market is more resilient than many realize
• Opportunities are growing
• Rate relief could still come later this year

Stay educated, stay positive, and if you’re thinking about buying or selling, I’m here to guide you through it! Let’s make this a strong spring and summer! 🌸☀️

07/22/2024

🎉 **Join Us at Brews & Buyer's Agency!** 🍻🏡

Hey Industry Professionals,

Are you ready to revolutionize the way you think about buyer representation? Don't miss out on our upcoming event at Eleven Lakes Brewing Company!

📅 **Date:** July 25, 2024
🕕 **Time:** 6pm - 8pm
📍 **Location:** Eleven Lakes Brewing Company, 10228 Bailey Rd, Cornelius, NC 28031

Get ready to explore new strategies, network with top industry professionals, and discover innovative approaches to serving your clients. Our amazing panel lineup includes:

Michelle Goddu Peck - Opulence Group Real Estate
Brad & Heather Cook - Real
Charles Boyett - Epique Realty
Calvin Armstrong - Norwood, Armstrong & Stokes, PLLC
Trey Pennington Andrew Fulton - Future Home Loans

🔑 **Key Discussions:**

- Buyers Agency Strategies and NAR Settlement Changes
- Overcoming Seller Objections
- CD & ALTA Changes and Lending Changes
- Communicating Buyer Agent Compensation

🔥 **Secure Your Spot Today Before It's Sold Out!** 🔥

🎟️ **Book Your Ticket Now:**

This is an event you won't want to miss! Gain fresh insights, connect with peers, and take your real estate business to the next level. See you there!

Join us for a fresh take on buyers agency, where we'll explore innovative strategies to revolutionize the way we work with clients!

07/17/2024

https://www.zillow.com/homedetails/1409-Short-St-Albemarle-NC-28001/71394736_zpid/?utm_campaign=iosappmessage&utm_medium=referral&utm_source=txtshare

FB FAM ‼️🚨

Discover the charm of this 4-bedroom, 3-bathroom house, featuring a man cave, pool, and fantastic neighbors. It's an ideal starter home for anyone looking for a great deal and the opportunity to personalize and enhance their living space. The seller is highly motivated, so don't miss out! Please share this amazing opportunity.

This 2446 square feet Single Family home has 4 bedrooms and 3 bathrooms. It is located at 1409 Short St, Albemarle, NC.

07/12/2024

Story time!

I recently helped an active duty serviceman moving from Hawaii to Raleigh. Just 10 days before closing, the big bank lender he was using declined his loan due to a misunderstanding of VA guidelines. He found me on Google, and my team and I jumped into action.

We reviewed his situation, corrected the issues, and secured his loan and closed on time. His family moved into their new home without any delays. It's moments like these that remind me why I do what I do!

If you or anyone you know is looking to buy a home, I’m here to help! I’m licensed in VA, NC, SC, GA, and FL. Referrals are greatly appreciated! 🏠🔑

05/13/2024

Thank you to everyone for your tremendous love and support during this difficult past week. The unexpected loss of my Dad has been deeply challenging, yet the comfort that he is in a better place helps us find some peace. Thank you for all of the thoughtful text, messages, and calls. The support we have received has been a great source of comfort.

Navigating life without my Dad is daunting, but I know he is looking down on my family and I and we will make him proud everyday. He was a great man and he will be deeply missed by many.

With that said, I am returning to work this week, as my Dad would have wanted so If you or someone you know can use my assistance with any mortgage needs, please don't hesitate to reach out. I’m here and ready to help.

04/25/2024

I get this question a lot: Is now a good time to buy?🤔

Here is a fact for you:

Homes have appreciated on average of 4.92% (national average) YOY since 1942 and that is even taking into consideration 6 times where home values have depreciated and 5 times where home prices have stayed stagnant.

That means if you bought a house for $350,000 today your home value should appreciate on average $17,000 a year. That turns into $85,000 in equity in 5 years 🤯 💰

The answer: Yes, it is a great time to buy If you are ready to buy. Refinance when rates come back down. Waiting to buy could cost you big $$ because demand will be high and supply will be low causing home prices to soar even higher.

Source:

04/19/2024

Realtors - I have you and your clients covered this weekend. Call or text me if you need anything!!

04/15/2024

In light of all the NAR settlement talk Fannie and Freddie had some positive updates to share today. Basically, and if negotiated, the seller can choose to pay for the buyers realtor commissions in the form of a seller credit and that amount will NOT count towards the max seller concession limit which is a huge win for buyers and buyers agents out there!

04/12/2024

🚨 Open House Alert 🚨 TOMORROW 11a-1p! ‼

House Hunting this weekend? 🏡 Looking for your dream home? Join me tomorrow for a house hunting adventure in the beautiful Crosswinds neighborhood of Huntersville! I'll be hanging out with listing agent Joni Gabriel, ready to help you get pre-approved on the spot and answer any mortgage questions you have. Hope to see you there! 😊

Future Home Loans
Joni Gabriel Properties

03/19/2024

🏡 Tired of waiting to sell before you can buy? We've got the solution! 🚀 Say goodbye to the wait and contingent offer with our 'Buy Before You Sell' program. Your dream home awaits, without the hassle of having to sell your current home first. Let's make it happen!

12/31/2023

What an incredible year 2023 has been! I married my soul mate, Lauren Pennington, and had amazing adventures in Bali and Australia—my first time outside the country.

On the business side, it was a challenging yet rewarding year in my mortgage career since starting in 2016. None of this would be possible without my fantastic referral partners, clients, and the support staff at Future Home Loans.

I'm incredibly grateful for the unforgettable moments, the lessons learned, and the growth achieved in 2023. As we enter 2024, here's to more love, adventure, and success. Wishing you all a Happy New Year filled with joy and endless possibilities! 🎉✨

11/19/2023

Our fantastic clients are the reason we go to work every day. If you ever have any questions about your current mortgage or future home shopping or refinancing needs, we're ready to help!

🙋‍♂️ Trey Pennington
⭐ Mortgage Broker - Future Home Loans
📲 (704) 438- 6051
✅ NMLS 1490738
📍 Licensed in: VA, NC, SC, GA, and FL