Summer is almost here, and the housing market is heating up right alongside the weather. Whether you’re a first-time buyer, seasoned investor, or just keeping an eye on the market, here’s what you need to know for June.
Housing Market Snapshot
Inventory remains tight nationwide, but more homes are hitting the market as sellers take advantage of summer momentum. Prices remain relatively steady in most areas, though competition is picking up—especially for move-in ready homes. Buyers who are pre-approved and ready to act are in a strong position.
Personal Update: Finished Bathroom Remodel!
May was a productive month! I finally completed our bathroom remodel—new tile, updated fixtures, and fresh paint throughout. It’s a reminder that homeownership isn’t just about buying a house; it’s about creating a space that reflects your lifestyle. If you’re considering renovations, there are loan products that can help.
Loan Product Spotlight: Renovation Loans
Want to buy a fixer-upper or update your current home? A renovation loan might be the perfect fit. These allow you to roll the cost of improvements into your mortgage.
Key Benefits:
- Finance home purchase and upgrades with one loan
- Great for homes that need a little TLC
- Can boost long-term home value
Options include FHA 203(k), Fannie Mae HomeStyle, and other renovation programs. If you’ve been dreaming about customizing your home, let’s talk about how to make it happen.
Home Maintenance Tip: Check Your Cooling System
Before those 90-degree days hit, make sure your AC system is ready. Replace filters, clean vents, and schedule a maintenance check if needed. A little attention now can save you from sweating through costly repairs later.
Quote of the Month
“Opportunities don’t happen. You create them.” – Chris Grosser
Ready to Take the Next Step?
Whether you’re looking to renovate, refinance, or buy your next home, I’m here to help you explore your loan options and guide you every step of the way.
Let’s chat about your goals and how we can turn them into reality. I’m available evenings and weekends to answer any questions.
Q: What is a renovation loan and how does it work?
A: A renovation loan lets you finance home improvements as part of your mortgage, ideal for fixer-uppers or custom upgrades.
Q: Are summer months a good time to buy a home?
A: Yes! Summer brings more inventory, and buyers who are pre-approved can act quickly in a competitive market.