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Around The Lake

Discover All You Need To Know About Real Estate And Our Surrounding Communities



As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make...
Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re...
As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage...
Hidden Valley Lake Monthly Market Trends- November 21 (2)
http://ericabergstromhomes.com/wp-content/uploads/2021/12/Fall-Market-Trends-Video.mp4 Year over year statistical data for Lake County ending November , 2021 This report is generated around the 20th of each month once the...
From the opportunity to take advantage of today’s low mortgage rates to changing homeowner needs, Americans have more motivation than ever to buy a home. According to the experts, buyers...
If you’re living on your own and looking to buy a home, know that you can make your dream a reality with thoughtful planning and the right...
The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and...
Your equity is a powerful tool that can help you achieve your goals as a homeowner. And chances are, your equity grew substantially over the past year....
With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market...
If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values...
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the...
Buyers in today’s market often have questions about the importance of getting a home appraisal and an inspection. That’s because high buyer demand and low housing...
Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed...
The last 18 months changed what many buyers are looking for in a home. Recently, the American Institute of Architects released their AIA Home Design Trends Survey results for...
In today’s sellers’ market, standing out as a buyer is critical. Multi-offer scenarios and bidding wars are the norm due to the low supply of houses...
If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you...
If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much...
When it comes to the latest news in real estate, there are a lot of sensational headlines in the media. In times like this, when it...
As rent prices continue to soar, many renters want to know what they can do to get ready to buy their first home. According to recent data...
As summer comes to a close, is it time to think about selling your vacation home? Based on recent data and expert opinions, it’s something...
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home...
There’s a common misconception that younger generations aren’t interested in homeownership. Many people point to the fact that millennials put off purchasing their first home...
Whether or not you’ve been following the real estate industry lately, there’s a good chance you’ve heard we’re in a serious sellers’ market. But what...
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books....

January 14, 2021

4 Reasons People Are Buying Homes in 2021

According to many experts, the real estate market is expected to continue growing in 2021, and it’s largely driven by the lasting impact the pandemic is having on our lifestyles. As many of us spend extra time at home, we are reevaluating what “home” means and what we may need in one going forward.
January 27, 2021

What’s the Difference Between an Appraisal and a Home Inspection?

If you are planning to buy a home, an appraisal is an important step in the process. It’s a professional evaluation of the market value of the home you’d like to buy. In most cases, an appraisal is ordered by the lender to confirm or verify the value of the home prior to lending a buyer money for the purchase. It is also a different step in the process from a home inspection, which assesses the condition of the home before you finalize the transaction. Here is the breakdown of each one and why they’re both important when buying a home.
March 31, 2021

What Credit Score Do You Need for a Mortgage?

According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not their credit score is strong enough to qualify for a mortgage. While stricter lending standards could be a challenge for some, many buyers may be surprised by the options that are still available for borrowers with lower credit scores.
May 19, 2021

Don’t Forget to Budget for Closing Costs

When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important.