Don Stolan, Mortgage Advisor, NMLS #237541

03/14/2023

When thinking about where you’ll go after you sell your house, consider the benefits of both newly built homes as well as existing ones. Let’s chat today about the options in our market and what’s right for you.

03/13/2023

Owning a home is a major way to build wealth. That’s why housing makes up a critical piece of someone’s net worth. DM me to talk about the value of investing in homeownership today.

03/10/2023

The Spring Guides for Buying and Selling a Home Are Here

There’s a lot going on in the housing market right now. Let’s connect so you can get the latest digital copies of the Spring Buyer and Seller Guides.

03/09/2023

4 Tips for Making Your Best Offer on a Home

Are you planning to buy a home this spring? When you find the home you want to buy, remember these four tips to make your best offer.

>>1. Lean on a Real Estate Professional

Rely on an agent who can support your goals. Agents are local market experts. They know what’s worked for other buyers in your area and what sellers may be looking for in an offer. It may seem simple, but catering to what a seller needs can help your offer stand out.

>> 2. Know Your Budget
Understanding your budget is especially important right now. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. It helps you be more financially confident, and it shows sellers you’re serious. That can give you a competitive edge.

>>3. Think Through Everything Before Making an Offer
Today’s market isn’t moving at the record pace it did during the...

Are you planning to buy a home this spring?

03/08/2023

2 Things Sellers Need To Know This Spring

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind.
>> 1. Houses That Are Priced Right Are Still Selling
Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says:
“. . . sellers who price and market their home competitively shouldn’t have a problem finding a buyer.”
The need to price your house right is so important today because the market has changed so much over the past year. Danielle Hale, Chief Economist at realtor.com, explains:
“With a smaller pool of buyers today and more competition from other homes on the market, homesellers will likely need to adjust their price expectations in the market this...

A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. 

03/07/2023

Historically, whenever the economy has slowed down, mortgage rates have fallen. While the past can’t predict the future, we can certainly learn from it. If you’re thinking about making a move this year, let’s talk about your goals.

03/06/2023

There are plenty of great reasons to own a home. A major one is that it allows you to accumulate wealth. As the largest asset for most homeowners, housing is a major factor in building your net worth. Let’s chat about your homeownership goals today.

03/03/2023

In today’s market, the way you price and market your house makes all the difference when you sell. DM me today to get expert advice on selling your house this spring.

03/02/2023

Equity Gains for Today’s Homeowners

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

>>How Equity Has Grown in Recent Years

Because of the imbalance between how many homes were for sale and the number of homebuyers in the market over the past few years, home prices appreciated substantially.

And while price appreciation has slowed this year, that doesn’t mean you’ve lost all the equity in your home. In fact, the latest Homeowner Equity Insights report from CoreLogic finds the average homeowner’s equity has grown by $34,300 over the past year alone.

And if you’ve been in your home longer than that, chances are you have even more equity than you realize.

>>Why This Is...

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

03/01/2023

In today’s housing market, there are more people who want to buy a home than there are houses for sale. While inventory is up from last year, it’s still below pre-pandemic levels – meaning it’s still a sellers’ market. If you want to take advantage of this sweet spot, let’s connect today.

02/28/2023

What You Should Know About Rising Mortgage Rates

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. If you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy or if you should hold off on your search until rates come back down.

The recent uptick in rates has been driven by what’s happening with inflation. Joel Kan, Vice President and Deputy Chief Economist at the Mortgage Bankers Association (MBA), explains:

“Mortgage rates increased across the board last week, pushed higher by market expectations that inflation will persist, thus requiring the Federal Reserve to keep monetary policy restrictive for a longer time.”

>>Advice for Home Shoppers

If you’re thinking about pausing...

After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too m...