Mood Swings, Mood Rings, Market Trends & Mortgage Tips

I’m a part time real estate agent/full time freelance writer and social media enthusiast, right? So why such low frequency posting? Because I am so busy selling! Why am I so busy selling?  Because buyers are so abundant that I can’t avoid them even with my eyes closed and running in the opposite direction!

Not that I want to, Sillies, just creating a visual.

And the buyers aren’t just out… houses are moving. Properties are closing. Even with all the changes and new regulations in the mortgage industry, business is getting done.  And I’m loving it!

In fact I am having a ball.

Hoyt has all the good statistics you know… what’s selling, who’s buying, how much they are spending as compared to this that and the other. You’ll have to talk to him about the science of it all. My thoughts on the market come from a much simpler source… my disposition.

Thank goodness a lot of my posts were lost when we switched from the old site to the new. Hm… now that I think of it… maybe they weren’t so much “lost” as “left behind.”  They were ugly, after all.  Fueled by my frustration with the changing market and the decline of being able to work with real people who were buying and selling homes. I have often said that the smiles of the parties at the closing table were equally as motivating as the checks I received. And the ebb and flow of my disposition as those smiling buyers and sellers disappeared and reappeared again,  prove it!

No need to revisit the last few years of gloom, though. The important part of the story is – fun at work has snuck up on me, like a long lost friend sneaking up behind me and covering my eyes. “Surprise! You love your job again!”  Why? Because I am dealing with people. Which I love. It’s not that I don’t like banks and investors. They are an important part of the machine, for sure! But too much of the banks & investors and not enough REAL PEOPLE upsets the energy of the real estate business.

Now for all you REAL PEOPLE buyers that I am so happy to see, here are a couple buyer financing tips…

Be honest and up front about everything when you apply for your mortgage. The blemishes are going to show up even if you don’t share them. And even the slightest embellishment is “fraud”. Scary word! Also – do your best to avoid any changes to your credit portfolio between the time you are approved and the time you close. Many lenders are now requiring a final credit pull just before closing to make sure that everything matches the information that was used in your qualification. So try to avoid a job change, applying for new credit, or increasing credit balances from the time you are approved to the time you close on your home loan.

So lucky me! The people are back and they’re buying and selling and Real estate trends run parallel with my mood trends. I think from now on I’ll pass on the real estate reports and get my market trend reports from my mood ring.