Lori Blank, Author at Lori Blank & Associates

24

Feb

Mortgage

The Homebuying Decision Fatigue Nobody Warns You About

Buying a home requires dozens of decisions in a short period of time. Buyers compare properties, analyze numbers, gather documentation, respond to lender requests, negotiate terms, and imagine future scenarios all at once. What many do not anticipate is the mental exhaustion that follows. Decision fatigue can quietly influence choices, causing buyers to rush, oversimplify, or second guess themselves. Recognizing this pattern helps buyers maintain clarity and confidence throughout the mortgage process. Homebuying is not just financial. It is emotional and logistical. Each property tour requires evaluation. Each document request requires attention. Each conversation introduces new information. Over time, even…

23

Feb

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – February 23rd, 2026

The Federal Reserve’s preferred inflation indicator has come in showing that inflation is still running hotter than expected. This creates a difficult position for the Federal Reserve as it tries to balance interest rate cuts while managing inflation at the same time. Despite previous rate adjustments, inflation has remained stubbornly high. It remains to be seen whether any monetary policy will be able to curb the recent trend as it stands. This was also accompanied by a 0.4% increase in personal income, which has been the status quo for some time now. Inflation outpacing wage growth has been a major…

20

Feb

By Lori Blank

Home Buying Tips

Evaluating a Fixer Upper Beyond the Cosmetic

Fixer uppers attract buyers looking for value, personalization, and long term upside. The idea of transforming a property into something uniquely yours is compelling. However, not all renovation opportunities are created equal. The real skill in buying a fixer upper is distinguishing between manageable cosmetic upgrades and deeper structural or functional limitations that can quietly erode your budget and timeline. Cosmetic Versus Structural ChangesPaint, flooring, light fixtures, cabinet hardware, and landscaping are typically manageable improvements. These updates are visible, measurable, and easier to estimate financially. Structural modifications such as moving load bearing walls, relocating plumbing lines, replacing subflooring, or altering…

19

Feb

By Lori Blank

Real Estate Tips

Buying the Block, Not Just the House

Most buyers focus intensely on the house itself. Bedrooms, finishes, layout, and upgrades dominate attention. But long-term satisfaction often has less to do with the house and more to do with the immediate block around it. Micro Location Matters More Than You ThinkTwo homes in the same general area can feel completely different depending on their exact location. A home near a neighborhood entrance may experience more traffic. A property backing to open space may feel quieter. Corner lots, cul de sac positions, and homes near shared amenities each create a different daily experience. Observe the Rhythm of the StreetVisit…

18

Feb

By Lori Blank

Real Estate

The Psychology of Curb Appeal and Buyer Perception

Curb appeal is often discussed in terms of landscaping, fresh paint, and updated fixtures. While those elements matter, the deeper principle at work is perception management. Exterior presentation shapes emotional response before a buyer ever crosses the threshold. By the time the front door opens, an opinion has already begun forming. First Impressions Happen in SecondsBehavioral research consistently shows that people form judgments quickly. In real estate, those first seconds matter. An overgrown lawn, peeling trim, cluttered porch, or cracked walkway can subconsciously signal deferred maintenance. Even if the interior has been renovated, early hesitation may linger. Buyers do not…

17

Feb

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – February 17th, 2026

In an unexpected turn, the Consumer Price Index (CPI) showed that inflation came in cooler than expected for the month of January, falling to a five-year low. The jobs report showed that unemployment numbers came in worse than expected, perhaps signaling further hesitation from the Federal Reserve, despite inflation data coming in favorably. This is also in light of retail sales data showing that, when accounting for post-holiday trends, retail activity has hit a significant slump. This suggests that Americans’ buying habits have changed substantially from the prior year, offering further insight that price pressures are still present at current…

13

Feb

By Lori Blank

Home Buyer Tips

The Cost of Waiting for the “Perfect” Home

Many buyers delay decisions while waiting for a home that checks every box. While patience is valuable, perfection often creates paralysis. Understanding the difference between standards and unrealistic expectations helps buyers move forward with confidence. Perfection Is SubjectiveWhat feels perfect today may not feel perfect next year. Needs change, preferences shift, and priorities evolve. Holding out for flawlessness can delay progress indefinitely. Opportunity Has a WindowHomes that align well with budget, location, and lifestyle do not appear endlessly. Buyers who hesitate too long often miss strong opportunities that were well-suited. Compromise Is StrategicEvery purchase involves trade-offs. Smart buyers decide which…

12

Feb

By Lori Blank

Home Buyer Tips

Why Square Footage Is Overrated for Most Buyers

Many buyers start their search with a specific number in mind. Square footage. While size matters, it is rarely the deciding factor in long-term satisfaction. How space functions often matters far more than how much of it exists. Unused Space Creates Hidden CostsRooms that are rarely used still require maintenance, heating, and furnishing. Buyers often realize later that extra space added expense without improving daily life. Layout Drives ComfortA well-designed smaller home can feel more comfortable than a larger home with poor flow. Natural light, storage placement, and room connection shape how space feels. Lifestyle Changes Over TimeNeeds evolve. Flexible…

10

Feb

By Lori Blank

Home Buyer Tips

Why the Best Homes Rarely Feel Perfect at First

Most buyers expect an instant emotional reaction when they walk into the right home. The idea of love at first sight is common, but in reality, many of the best homes do not create fireworks immediately. They create possibility, and that is often quieter. Emotion Can Be MisleadingStrong reactions are not always reliable indicators of long-term satisfaction. A beautifully staged home can create excitement, while a less polished property may offer better functionality. Learning to separate emotion from practicality helps buyers make decisions that serve them beyond move-in day. Potential Is Easy to OverlookMany buyers struggle to see past surface-level…

09

Feb

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – February 9th, 2026

While Consumer Sentiment has inched up slightly, Consumer Credit tells a different story. Credit usage has continued to rise, suggesting increased financial strain on consumers amid ongoing economic pressures such as inflation. Although another rate cut is still expected, its likelihood remains uncertain under the current administration. Consumer SentimentConsumer sentiment was essentially unchanged, inching up less than one index point from last month and sitting about 20% below January 2025. Sentiment surged for consumers with the largest stock portfolios, while it stagnated and remained at dismal levels for consumers without stock holdings.Consumer CreditIn 2025, consumer credit increased 2.4 percent, with…