Buying a Home

April 16, 2021

Tax Breaks for Homeowners

A guide to homeowner tax deductions.

Owning a home has its rewards and challenges — and that’s especially true at tax time.

Depending on your circumstances, the tax rules around homeownership can lessen your tax obligation when it comes time to file. But before diving into all the math, it’s worth considering which type of deduction ...

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April 16, 2021

The Most Popular Landscaping Trends for 2021

The COVID-19 pandemic kept many people home for the majority of 2020. And while things are definitely looking up, many are still spending more time at home in 2021, which is driving an uptick in home renovations—including landscaping.

So, the question is—what are the trends homeowners are embracing to spruce ...

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April 9, 2021

3 Alt Credit-scoring Methods

New types of data to determine prospective buyers’ creditworthiness may increase homeownership opportunities for Black and Hispanic Americans. However, standards need to be developed for the use of such data—which come from sources outside traditional credit bureaus—to ensure equitable and responsible lending practices, experts said Thursday during a National Association ...

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April 9, 2021

97 Offers on One Listing?

Vector image of hands grabbing at house

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The buying frenzy continues as multiple offers become the norm and buyers offer thousands or tens of thousands above the asking price to try to get the home they want. In many cases, buyers also are increasingly waiving appraisals and even some inspections to ...

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April 9, 2021

Lenders Are Tightening Up on Mortgage Loans

mortgage loan not approved

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Beware: Your buyers could struggle to be approved for a home loan. As lenders tighten standards,  home loan approval is becoming more difficult, The Wall Street Journal reports.

The Mortgage Bankers Association reports that mortgage credit availability, which measures lenders’ willingness to approve mortgages ...

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March 16, 2021

Austin-area housing market stays hot, sets January records

Austin-area sales of single-family homes, townhomes and condos soared almost 24% in January,

Continuing the Austin-area housing market's hot streak, home sales and the median price paid for those homes set records for a January, according to new data from the Austin Board of Realtors.

Low mortgage interest rates, high demand and a shortage of homes continue to fuel the market and drive prices ...

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March 16, 2021

6 Black-Owned Etsy Shops To Support During Your Next Decor Binge

Blackstyle home copy

Etsy has long been a top destination to shop for unique, handmade decor, but it's easy to get lost in the pages and pages of clickable products. So we wanted to take this moment to showcase the work of some of our favorite Black artists.

From African-inspired textiles to handcrafted ...

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March 16, 2021

Pandemic Prompts Bigger Wish-Lists in Kitchens, Outdoor Spaces

father and child cooking in the kitchen

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Pandemic Prompts Bigger Wish-Lists in Kitchens, Outdoor Spaces

The COVID-19 pandemic has changed the way people use their homes. It’s leading to several homeowners taking on renovation projects so they can better enjoy their spaces, whether inside or out.

HomeLight, a real estate referral company, surveyed more ...

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March 16, 2021

This Is the Best Time of Year to Get a Mortgage

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This Is the Best Time of Year to Get a Mortgage

Home buyers better hurry: This month may offer the best time of year to get a mortgage. But February can offer some of the best rates too, according to a new study from Haus, a home-finance ...

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March 16, 2021

Do’s and Don’ts after applying for a Mortgage

Source:  https://freesummitpropertysearch.wordpress.com/2021/01/29/dos-and-donts-after-applying-for-a-mortgage/