Merit Real Estate

How to Prepare for a Home Appraisal

appraisal

Preparing for a Home Appraisal and Navigating the Process For Redondo Beach homeowners and the homebuyers and sellers moving through nearby beach cities, the home appraisal process often becomes the moment where expectations meet reality. With high mortgage rates, shifting real estate market trends, and tighter budgets, even a small gap in real estate valuation […]

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Federal Reserve Hints at a Pause on Rate Increases

Federal Reserve Interest Rate Increases

Earlier this week, the Federal Reserve approved its tenth interest rate increase over the past 13 months. Along with this .25 percent increase, the Fed hinted that the current ‘policy firming’ cycle may be at an end. While this was not a statement that was made by the Federal Reserve, many are deducting this from […]

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Navigating Higher Mortgage Rates

High Interest Rates

How to Keep Your Monthly Payment Low When Mortgage Rates are High With mortgage rates currently near 20-year highs, many prospective homebuyers are maintaining a ‘wait and see’ approach. This is keeping many homebuyers sidelined until they see rates drop back down to the all-time low interest rates of the past 10 years. Unfortunately, no […]

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