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 […]
Many people across the country dream of homeownership. But often, realizing that dream first means finding financial stability. If you’re looking to buy a house within the next year, you’ll need to manage your debt carefully. Additionally, balancing your saving will be key. Determine Your Debt-to-Income Ratio Knowing and understanding your debt-to-income ratio is one […]
We all understand that living in a bustling U.S. metropolitan city comes with a premium price tag. Whether it’s New York City, Chicago, Miami, or Los Angeles, the cost of living is going to be exponentially higher than it is in more rural or suburban areas of the country. One common factor in this inflated […]
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There’s no doubt about it, some of South Bay’s most exclusive and coveted properties are located on the Stand. Beyond just having a majestic beachfront location, homes built on The Strand boast fine craftsmanship, unique designs, and epic ocean views from sprawling balconies and rooftops. Let’s take a look at some of the most stunning […]
Everyone loves a bargain, especially when purchasing real estate. As much as we love a good bargain, finding one in our South Bay real estate market is easier said than done. Often, home buyers need to dig a little deeper into some of the financial numbers, physical stats, and future value & income potential. If […]
It’s well-understood that buying a home can be an exciting, yet emotionally charged process. During the home search specifically, buyers are continuously challenged by homes for sale that doesn’t check every box on their list. Perspective home buyers often have to make compromises when choosing a home to move forward with. Although there may be […]
Luxury listings are always fun to preview, whether you are in that particular market or just curious to see how the rich folks are living. Here at Merit Real Estate, we too love previewing these stunning luxury listings that grace our local marketplace. This week, we are highlighting our top 5 luxury listings in Palos […]
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What Does the Future Hold for the Townhome Market in South Redondo? Today’s real estate market is evolving as we speak. By the time you read this article, things could be drastically different from the time I am writing this. However, today I feel inclined to analyze one sub-market that I have had my eye […]
Factors Driving the Shift in the Real Estate Market The real estate market is a stable and mostly predictable environment for investing. Although stable and predictable, the local and national real estate market is not impervious to changes, shifting trends, and occasional volatility. Let’s take a look at the top 5 factors affecting the real […]
Successfully Negotiating Home Repairs when Buying a Home Negotiating home repairs after the inspection is often a major hurdle when buying a home. As a home buyer, getting a home inspection is one of the best ways to determine if the home you are purchasing is structurally sound and that all systems are operating properly. […]
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