Real Estate with Brian Logan

10/21/2022

With the shifting Real Estate market, here are a few things to consider:

1) Interest rates continue to rise...
- With the FED meeting every other month to discuss the financial stability of the US, there has been constant increase in Mortgage Rates throughout the country.. Florida is no exception, rates will likely head north of 8% potentially hitting 9% before the years end.. 📈

2) Home Prices even out..
- Home prices have leveled out but are more drops in store? With interest rates continuing to rise, it is expected that home prices will continue to drop, at least for the immediate future... 📉

12/16/2021

With 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 rates still as low as they've ever been, is it time for you to take the next steps?
𝐋𝐞𝐧𝐝𝐞𝐫𝐬 will often look at your 𝐝𝐞𝐛𝐭-𝐭𝐨-𝐢𝐧𝐜𝐨𝐦𝐞 ratio to determine if you qualify for a mortgage loan. Your debt-to-income ratio, or 𝐃𝐓𝐈 is the percentage of your monthly gross income that is put towards expenses such as car payments, housing costs, credit card debts, student loans, etc...
If 𝐲𝐨𝐮 are on the fence about taking the next step towards home ownership.
Contact me today so that we can find the best solution for you!
Brian Logan
Anthony Joseph Realty
216.702.1201
[email protected]

As a licensed Real Estate Professional, I am dedicated to providing top of the line service & info!