Summer is in full swing and the Cedar Valley housing market is very active with buyers and sellers. Today we are covering our June stats, refinancing a mortgage with our friends at Greenstate Credit Union, top performers, June listing of the month and what to know about the Buyer Representation Agreement.
In June, homes listed by an Oakridge Realtor sold for an average 101.28% of the list price resulting in an average price of $292,411. Compared to homes sold by others in the Cedar Valley, that is a $49,000 difference! When it comes to selling homes in the Cedar Valley, you can count on our team!
Hello Summer! The Cedar Valley housing market is busy with activity. In May, homes listed by an Oakridge Realtor sold for an average of $231,675 and in an average of 14 days. Homes sold by others in the Cedar Valley sold for an average of $221,710 in 26 days. When it comes to selling homes in the Cedar Valley, you can count on our team!
June is National Homeownership Month!
The Mortgage Corner with Greenstate Credit Union
June is National Homeownership Month, a time to recognize the many benefits that come with owning a home. Whether you're a first-time buyer or a seasoned homeowner, it's worth taking a moment to appreciate the advantages that homeownership can bring. Read the full blog post here!
The Mortgage Corner with Greenstate Credit Union: June is National Homeowership Month
June is National Homeownership Month, a time to recognize the many benefits that come with owning a home. Whether you're a first-time buyer or a seasoned homeowner, it's worth taking a moment to appreciate the advantages that homeownership can bring.
Building Equity
One of the most significant benefits of owning a home is the ability to build equity. Unlike renting, where your monthly payments go to a landlord, mortgage payments contribute to your own financial asset. This equity can be a substantial financial resource over time, providing security and potential borrowing power for future investments or emergencies.
Welcome to your dream home in Fieldstone! This stunning 2-story home offers spacious living areas flooded with natural light, providing the perfect setting to relax and entertain. As you enter, you'll be greeted by the inviting front living area boasting a vaulted ceiling and new vinyl plank flooring, creating an elegant and modern feeling. Continue further into the home and discover the family room featuring a gas fireplace flanked by built-in cabinets and shelving with a view of the backyard through a bank of windows. The family room seamlessly flows into the dining area and kitchen, where painted cabinetry, granite counters, and a center island with seating await. Just off
Happy May! The Cedar Valley housing market is busy with buyer activity. In April, homes listed by an Oakridge Realtor sold for an average of $229,364 and in a median of 3 days. Homes sold by others in the Cedar Valley sold for an average of $201,219 in 9 days. When it comes to selling homes in the Cedar Valley, you can count on our team!
Oakridge Monthly Recap
The Mortgage Corner with GreenState Credit Union: Your Team Behind the Home Buying Process
Whether you’re a first-time homebuyer or a seasoned one, buying a home is a complex process and involves an array of people. While your real estate agent and mortgage loan officer will be your primary points of contact, there are others working
It's April already, and the Cedar Valley housing market is busy with buyer activity! In March, homes listed by an Oakridge Realtor sold for an average of $292,683 and in a median of 4 days. Homes sold by others in the Cedar Valley sold for an average of $213,426 in 8 days. When it comes to selling homes in the Cedar Valley, you can count on our team!
Oakridge Monthly Recap
The Mortgage Corner with GreenState Credit Union: Buying a Second Home
Whether it's a beachfront bungalow, a cozy cabin for winter getaways, or an investment property for some extra income, buying a second home can be a fantastic financial decision. What do you need to know before buying a second home? Click here to read
Take a look at this spectacular 5 bedroom, 3 bathroom, ranch-style home located in the desirable Ridges subdivision. You'll have 3,159 square feet of living space including a fully finished lower level! This custom built home features attention to detail throughout, from the upgraded trim and solid doors, to the gourmet kitchen with granite counter tops, and built-in bookshelves surrounding the great room fireplace. Enjoy evenings spent in the spacious four-seasons room and summer barbecues on the deck overlooking the professionally landscaped, private and secluded backyard. Schedule a showing today!
The Mortgage Corner with Greenstate Credit Union: If I have my credit score pulled, will it negatively impact my credit score?
If you're in the market for a mortgage, you may be wondering if having your credit report pulled will have a negative impact on your credit score.
What happens when my credit report is pulled?
When you apply for a mortgage, the lender will pull your credit report as part of the application process. This is known as a 'hard inquiry', and it can temporarily lower your credit score by a few points. This happens because the credit scoring models view applications for new credit as a sign of potential risk.
However, it's important to understand that this impact is usually minimal and temporary. In most cases, your score
We might only be a few months into 2024 but the Cedar Valley housing market is booming with buyer activity and some great numbers that our team is pushing out! In January, homes listed by an Oakridge Realtor sold for an average of $227,566 and in a median of 8 days. Homes sold by others in the Cedar Valley sold for an average of $213,238 an in 21 days. That is a big difference in price and days on market when selling your home!
Oakridge Monthly Recap
The Mortgage Corner with Greenstate Credit Union: Financial Health
If you've ever tried to get in shape, you know that there's no magic formula for exercising and eating right. Becoming financially healthy is not so different - there are just a few
The Mortgage Corner with GreenState Credit Union – February 2024 edition
If you've ever tried to get in shape, you know that there's no magic formula for exercising and eating right. You need the discipline to put your knowledge to work in the real world - even when it would be so easy to grab a super-sized burger and skip that trip to the gym.
Becoming financially healthy is not so different - there are just a few things to know, but just because something is easy to understand doesn't mean it’s easy to do. Luckily, you can often start to see benefits of effective financial management right away - in the form of extra cash.
Step 1 - Earn more money than you spend.
The first rule of achieving financial stability is to ensure that