Owning Is More Affordable than Renting in the Majority of the Country

by markelgroupBlog, buying, Cheryl Markel, investment, lending, market, new build, real estatePosted on No Comments

If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from ATTOM Data, owning a home is more affordable than renting in the majority of the country. The 2022 Rental Affordability Report says: “. . . Owning a median-priced home …

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Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers

by markelgroupBlog, Cheryl Markel, investment, market, real estate, sellingPosted on No Comments

If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope for strong demand for the item coupled with a limited supply. That maximizes your leverage when you’re negotiating the sale. Home sellers are in that exact situation right now. Here’s why. Demand Is Very Strong According …

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Are You a Homeowner Thinking About Climate Change?

by markelgroupBlog, Cheryl Markel, real estatePosted on No Comments

Americans are more aware than ever of the effects climate change and natural disasters can have on their homes. According to a report from realtor.com: “More than 3 in 4 recent buyers, 78%, took [natural disasters] into account when choosing the locations of their homes, . . .” The study also found that many existing homeowners (34%) have already considered …

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Why Pre-Approval Is Key for Homebuyers in 2022

by markelgroupBlog, buying, Cheryl Markel, lending, market, real estate, sellingPosted on No Comments

You may have heard that it’s important to get pre-approved for a mortgage at the beginning of the homebuying process, but what does that really mean, and why is it so important? Especially in today’s market, with rising home prices and high buyer competition, it’s crucial to have a pre-approval letter prior to making an offer. Here’s why. Being intentional and competitive are …

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