Wondering how to navigate today’s housing market when it comes to buying your first home, next home or the potential benefits of investing in rental properties? In this episode we help answer your questions on the housing market with Loren Fellows, Vice President of Mortgage Production at Johnson Financial Group, bringing over two decades of expertise to the table. In a housing market with rising prices, low inventory, and increasing interest rates, Loren provides valuable insights on how to navigate the current landscape and still purchase your home/rental property. She emphasizes the importance of preparation, patience, working with a buyer's agent, and obtaining a fully underwritten pre-approval letter to enhance your competitiveness as a buyer. In addition, Loren discusses the option of building a new home if you can't find what you're looking for in the current market, offering valuable advice on the construction loan process. Finally, she delves into the world of investment properties, sharing tips on financing, occupancy, and building a solid real estate portfolio. Tune in to get the guidance you need to make informed decisions in today's housing market.
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