Nicandro "Nick" Montesa's Blog Posts

Reasons Why There is Limited Supply of Homes For Sale Today

Some HighlightsWondering why the supply of homes for sale is limited today? There are a few factors at play.Lack of building over time, the mortgage rate lock-in

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Get Pre-approved For A Mortgage Before You Start To Look For A Home To Buy

Beginning with Pre-ApprovalIf you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising;

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Question: Why Is Housing Inventory So Low?

One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out

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What Experts Project Home Prices Are Heading To Over the Next 5 Years

If you're planning to buy a home, one thing to consider is what experts project home prices will do in the future and how that might affect your investment. While you may have seen

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Revised Expert Home Price Forecasts for 2023

Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was

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Relationship Between Housing Inflation and Overall Inflation

Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high

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Gen Z -- The Next Generation Is Making Moves in the Housing Market

Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and

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Why You Need a True Expert to Navigate Today's Housing Market

The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your

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Flood of Foreclosures Isn't On The Horizon

Don’t Expect a Flood of ForeclosuresThe rising cost of just about everything from groceries to gas right now is leading to speculation that more people won’t be able to afford their

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Housing Market Forecast for the 2023 Remaining Months

Some HighlightsWant to know what experts say will happen in the rest of 2023? Home prices are already appreciating again in many areas. The average of the expert forecasts shows

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Four Smart Ways You Can Use Your Home Equity

If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan.

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How Inflation Affects Mortgage Rates?

When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your

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How to Make Your Offer Standout When Buying a Home

Tips for Making Your Best Offer on a HomeWhile the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas

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Foreclosure Numbers Today Are Nothing Like The 2008 Housing Crisis

Foreclosure Numbers Today Aren’t Like 2008If you've been keeping up with the news lately, you've probably come across headlines talking about the increase in foreclosures in today’s

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Fact: Homebuyers Are Getting Used to the New Normal

Before you decide to sell your house, it’s important to know what you can expect in the current housing market. One positive trend right now is homebuyers are adapting to today&rsquo

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Today's Low Housing Inventory is a Sweet Spot for Sellers

Today’s Housing Inventory Is a Sweet Spot for SellersOne of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of

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Homeownership is Still the American Dream for Americans

Americans Still View Homeownership as the American DreamEveryone’s interpretation of the American Dream is unique and personal. But, for many people, it’s tied to a sense of success,

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Why Credit Score is a Critical Piece of the Homebuying Process

What Homebuyers Need To Know About Credit ScoresIf you’re thinking about buying a home, you should know your credit score’s a critical piece of the puzzle when it comes to

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Reasons Why Buying or Selling a Home Helps the Economy and Your Community

Here are the Reasons Why Buying or Selling a Home Helps the Economy and Your CommunityIf you're thinking about buying or selling a house, it's important to know that it doesn't

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Are Home Prices Going Up or Down? The inquiring minds want to know.

Are Home Prices Going Up or Down? That Depends…Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and

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Why Are the Current Mortgage Rates High and When Will It Go Down?

The Main Reason Mortgage Rates Are HighToday’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or

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The True Value of Homeownership (June is Nat'l Homeownership Month)

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to

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Helpful TIPS for First-Time Homebuyers in Today's Market

Keys to Success for First-Time HomebuyersBuying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer,&

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Here's Why Owning a Home Helps Protect Against Inflation

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your

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Use Your Home Equity to Sell Your Current House and Buy Your Next Home

Homeowners Have Incredible Equity To Leverage Right NowEven though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is

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Homebuyer Activity Is Up Despite Higher Mortgage Rates

Buyer Activity Is Up Despite Higher Mortgage RatesIf you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here

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Buying a Home Makes More Sense Than Renting... Here's Why

Why Buying a Home Makes More Sense Than Renting TodayWondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge

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Checklist When Selling Your House This Spring

Checklist for Selling Your House This Spring Some HighlightsAs you get ready to sell your house, there are specific things you can add to your to-do list.These include decluttering, taking down

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Experts Opinion About the 2023 Spring Housing Market

What Are the Experts Saying About the Spring Housing Market?The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this

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