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Around The Lake

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



Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening...
If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home...
With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from...
If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as...
If you’re buying or selling a home this year, you’re likely saving up for a variety of expenses. For buyers, that might include things like your down...
Many consumers are wondering what will happen with home values over the next few years. Some are concerned that the recent run-up in home prices will...
Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot...
If you’re ready to move up, you may be trying to decide whether you want to buy a home that's already on the market or build...
If you’re thinking of selling your house this year, timing is crucial. After all, you’ll want to balance getting the most out of the sale of your...
If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean...
Many analysts projected home price appreciation would slow dramatically in the fall of 2021 and then continue to soften throughout 2022. So far, that hasn’t happened....
Many things have changed over the past couple of years, and real estate is no exception. One impact is an increased desire to own more...
If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the...
When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a...
Want To Know Where Mortgage Rates Are Heading
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average...
Why Right Now Is a Once-in-a-Lifetime Opportunity for Sellers
  If you’re thinking about selling your house in 2022, you truly have a once-in-a-lifetime opportunity at your fingertips. When selling anything, you always hope...
As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to...
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...

June 24, 2021

Pre-Approval Makes All the Difference When Buying a Home

Being intentional and competitive are musts when buying a home right now. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Just as important, being able to present a pre-approval letter shows sellers you’re a qualified buyer, something that can really help you land your dream home in an ultra-competitive market.