Lori Blank, Author at Lori Blank & Associates

20

Nov

Real Estate

Understanding What It Means to Sell Your Home Through a Short Sale

Selling a home can feel emotional and overwhelming, especially when financial pressures make it difficult to keep up with payments. For some homeowners, a short sale becomes a realistic path toward a fresh start. If you are exploring this option, understanding how the process works can help you move forward with confidence. What a Short Sale Really Means A short sale happens when a homeowner sells the property for less than the total amount still owed on the mortgage. The lender agrees to accept the lower amount, and in many cases, releases the borrower from the remaining balance. Homeowners often…

19

Nov

By Lori Blank

Home Buying Tips

Understanding the Different Types of Home Foundations

When buying or selling a home, the foundation is one of the most important yet overlooked elements. It supports the structure, affects durability, and can influence everything from comfort to resale value. As a real estate agent, I often remind clients that understanding the type and condition of a home's foundation can help them make informed choices and avoid costly surprises later on. Slab FoundationsA slab foundation is one of the most common types of foundations used in modern construction. It consists of a single layer of concrete poured directly onto the ground. This style is cost-effective, low-maintenance, and ideal…

18

Nov

By Lori Blank

Real Estate

Real Estate and Education: How School Districts Affect Property Values

When it comes to buying a home, location is always a major factor, but for many families, the local school district carries just as much weight. Even for buyers without children, the quality of nearby schools can have a lasting impact on property values. Understanding how education and real estate are connected helps buyers make smarter decisions and recognize the long-term advantages of purchasing in a strong school district. Why School Districts Matter School districts influence both a home’s desirability and its market value. Properties located in areas with highly rated schools tend to attract more buyers, creating stronger demand…

17

Nov

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – November 17th, 2025

In the aftermath of the recent government shutdown, the expected releases are still delayed. This round of releases is particularly impactful, involving key inflation reports from both the Consumer Price Index and the Producer Price Index. While the Federal Reserve prefers the PCE Index—and also relies on its own methods for collecting inflation data—the delay is undoubtedly troubling for the broader market, as the shutdown disrupted a wide range of services across the nation. The data is now expected to be released next week. Primary Mortgage Market Survey Index• 15-Yr FRM rates saw a decrease of -0.01% for this week,…

14

Nov

By Lori Blank

Home Buyer Tips

Aging Homes, and Why Buyers Need to Factor Updates Into Their Budgets

Older homes have charm, character, and architectural details that newer properties often lack. From original hardwood floors to vintage craftsmanship, they can feel timeless and full of personality. However, behind the charm can come age-related challenges that buyers should not overlook. Understanding how to budget for repairs and updates helps buyers make informed decisions and protects their investment long after closing. The Appeal of Older HomesMany buyers are drawn to older homes because of their unique features and established neighborhoods. Larger lots, mature trees, and historical details often make these properties stand out from newer builds. Yet even well-maintained homes…

13

Nov

By Lori Blank

Home Seller Tips

Why Home Staging Works: How Buyers Imagine Their Lives Inside Your Property

When it comes to selling a home, first impressions matter. Home staging helps potential buyers see beyond your personal style and imagine their own lives inside the space. As real estate agent, we've seen how effective staging can be in turning casual lookers into serious buyers. It is not just about decorating — it's about storytelling — creating a visual experience that allows buyers to connect emotionally with your home. The Psychology Behind StagingBuyers often make emotional decisions when it comes to choosing a home. Staging works because it helps them envision their future in a space that feels welcoming,…

12

Nov

By Lori Blank

Homeowner Tips

Coping Strategies for Homeowners: Balancing Showings, Offers, and Moving

Selling your home can be both exciting and overwhelming. Between preparing for showings, reviewing offers, and planning a move, the process can feel like a full-time job. As real estate agents, we understand that homeowners often struggle to balance it all, especially when they are still living in the property. With the right strategies and mindset, it is possible to stay organized, reduce stress, and make the experience smoother from start to finish. Preparing Your Home for ShowingsThe first step in a successful sale is making your home look its best. Decluttering, deep cleaning, and staging are essential. Focus on…

11

Nov

By Lori Blank

Real Estate

Honoring Veterans Day, and the Gift of Home

Today, we honor the brave men and women who have served our country with courage, strength, and selflessness. Your service allows us to enjoy the freedoms that make home and community possible. As a real estate professional, I am especially grateful for the role homeownership plays in the lives of veterans and their families. Owning a home is more than just having a place to live, it represents stability, pride, and belonging. The VA home loan program makes this dream more attainable, offering incredible benefits that honor those who have given so much. To every veteran, and to every family…

10

Nov

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – November 10th, 2025

With the government shutdown heading into a possible resolution, there were still delays on important data such as employment report releases. This has been somewhat relieved with the release of other reports that have been delayed in the past within the current government shutdown. This time we are looking at Consumer Sentiment reports by Univ. of Michigan, which has reported a record low in sentiment in the last 6 months amidst the government shutdown. This signifies growing consumer anxiety as inflation pressures grow and delays in programs like Food Benefits take effect. Next week, the CPI and PPI inflation reports…

07

Nov

By Lori Blank

Real Estate Tips

Home Renovation ROI: Which Upgrades Add the Most Value to Your Property

Home renovations can be exciting, but not every project adds the same return on investment. Whether you are planning to sell soon or simply want to boost your property's value, understanding which upgrades offer the best payoff helps you make smart decisions. Strategic improvements can make your home more appealing to buyers and increase its long-term value. Kitchen Improvements That CountThe kitchen is often the heart of the home, and it is one of the first areas buyers notice. You do not have to do a full remodel to make a strong impression. Simple updates such as new countertops, energy-efficient…