How to Tame the Wild West of Homebuying | Guiding You Forward
In the market for a new home? Check out this episode of the Guiding You Forward podcast! Kara Loftus, vice president of mortgage services at Mountain America Credit Union, stops by the podcast lounge with tips for navigating the current seller’s market.
Watch the full video to learn:
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If there is still room for negotiation in a seller’s market.
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How home purchases by investors may be affecting home values and rental prices.
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Kara’s opinion on the future of the real estate market.
Anyone looking to purchase a primary residence right now will undoubtedly face low inventory, skyrocketing prices and rising interest rates. Is there still an opportunity to negotiate with sellers? Or is this buyer strategy no longer an option? Kara gives her thoughts on this question and also offers a few tips.
Of course, investors looking to pick up new rental properties are facing the same issues. Kara explains that the current state of the market has not seemed to scare away investors—she’s still seeing quite a few applications for investment loans. She also gives details about how these buyers can affect home values and even rental prices.
When it comes to the future of the real estate market, as a professional in the mortgage field, Kara is uniquely qualified to provide an opinion. Watch the full podcast video to learn how she thinks it's going to shake out.
