Lori Blank, Author at Lori Blank & Associates

28

Aug

Real Estate

10 Questions You Should Always Ask Before Buying a Home

Purchasing a home is one of the most significant decisions you will ever make. It is an exciting process, but it can also be overwhelming if you do not ask the right questions. Knowing what to ask can help you avoid costly mistakes and ensure that the home you choose fits your needs and budget. What is my total budget? Understanding your full budget goes beyond the listing price. You need to factor in taxes, insurance, maintenance, and unexpected expenses. Having a clear idea of what you can afford prevents financial strain after the purchase. Why is the seller moving?…

27

Aug

By Lori Blank

Homeowner Tips

Why Home Offices and Flexible Spaces Top Buyer Wish Lists

What started as a temporary solution during the pandemic has now become a permanent lifestyle for millions of people. Remote work, hybrid schedules, and flexible careers have transformed not just how we work, but how we live. Today’s homebuyers are looking for more than bedrooms and kitchens. They want functional spaces that support productivity, privacy, and comfort. A dedicated home office or flexible space is no longer a luxury, it is a necessity. Why the Home Office Matters More Than EverThe traditional spare bedroom with a desk in the corner is not enough for many buyers today. Home offices are…

26

Aug

By Lori Blank

Real Estate

Why Some Homeowners Move Often While Others Stay Forever

A forever home is often imagined as the place you will live for decades. It is where families grow, memories are created, and life milestones are celebrated. For some people, this vision becomes reality. For others, the thought of staying in one place for life feels restrictive. Instead, they move every five to seven years, searching for new opportunities and experiences. So why do some homeowners stay forever while others are constantly on the move? Personality Shapes Housing ChoicesPersonality plays a major role in how we view our homes. Some people value stability, routine, and deep community connections. For them,…

25

Aug

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – August 25th, 2025

The FOMC meeting that was held the previous week to discuss upcoming decisions addressed the future of the economic landscape. During his remarks, Jerome Powell stated that inflation will rise in the future, with consumers bearing the burden. Many have speculated that this means reductions in current rates are unlikely to happen anytime soon, in an attempt to keep inflation under control. Another notable release was the leading economic indicators, which once again showed contraction—signaling the potential for further economic decline. Leading Economic IndicatorsThe Leading Economic Indicator (LEI) for the US inched down by 0.1% in July 2025 to 98.7…

22

Aug

By Lori Blank

Real Estate Tips

How to Make Moving Day Less Stressful

Moving day can be exciting, but it often comes with a lot of stress and unexpected challenges. Whether you are moving across town or to a new city, careful planning and organization are key to keeping the day running smoothly. With the right approach, you can reduce anxiety and make your move a positive experience. Plan Ahead and Create a ChecklistStart by making a detailed moving checklist weeks before your move. Include tasks such as scheduling movers, packing, transferring utilities, and updating your address. Breaking down the process into manageable steps will help you stay organized and prevent last-minute scrambling.…

21

Aug

By Lori Blank

Home Buying Tips

Should You Buy a Home Near Your Workplace?

Deciding where to buy a home involves many factors, and proximity to your workplace is often near the top of the list. Living close to where you work can offer convenience and save time, but it also comes with pros and cons to consider. Understanding these can help you make an informed choice that fits your lifestyle and long-term goals. Benefits of Living Near Your WorkplaceOne of the biggest advantages is the reduced commute time. Shorter commutes mean less time spent in traffic and more time for family, hobbies, or rest. This can improve your overall quality of life and…

20

Aug

By Lori Blank

Home Buyer Tips

How to Compete Against Cash Buyers (And Win)

In today’s competitive real estate market, many buyers are faced with the challenge of competing against cash offers. Cash buyers often have an advantage because their offers are faster, less likely to fall through, and more attractive to sellers. However, not having cash on hand does not mean you cannot succeed. With the right strategies and preparation, you can compete effectively and win your dream home. Get Pre-Approved Before You Start SearchingOne of the most important steps is to get pre-approved for a mortgage. A pre-approval letter shows sellers that you are a serious buyer with financing in place. This…

19

Aug

By Lori Blank

Real Estate Tips

Can’t Find a House You Love? Consider These Creative Options

Searching for the perfect home can be frustrating when nothing seems to check all your boxes. Whether it is location, price, size, or style, the market may not always have exactly what you want at the moment. The good news is there are creative strategies you can explore to find a home that works for you, even if it is not exactly what you initially imagined. Expand Your Search AreaSometimes the ideal neighborhood might be just outside your initial target area. By widening your search radius, you could discover hidden gems in nearby communities that offer great value and lifestyle…

18

Aug

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – August 18th, 2025

This marks the first release of CPI and PPI data since the recent reduction in data collection that is used to determine the current inflation. The Producer Price Index has shown quite clearly that there has been the biggest whole price jump in the last 3 years, showing that the administration's policies on tariffs are having an impact. The CPI has shown a similar increase in inflation, but still within expectations in lieu of the current tariff policies. There is still data to be collected, with some speculation that the Federal Reserve may implement rate cuts in the future. Consumer…

15

Aug

By Lori Blank

Homeowner Tips

Understanding the Importance of a Home Warranty

Buying a home is one of the biggest financial investments you'll ever make, so it’s important to protect that investment in every way possible. One way to provide protection is by purchasing a home warranty. While not required, a home warranty can offer peace of mind by covering the costs of repairing or replacing essential systems and appliances in the home. Understanding the importance of a home warranty can help you decide whether it’s the right choice for you as a homeowner. What Is a Home Warranty?A home warranty is a service contract that covers the repair or replacement of…