Blog - Lori Blank & Associates

22

Dec

Financial Reports

What’s Ahead For Mortgage Rates This Week – December 22nd, 2025

The Consumer Price Index was scheduled to be released this week but has once again been delayed, with no explanation provided. This left the unemployment data as the only notable economic release from last week. The data showed that unemployment numbers came in higher than expected; however, this result is somewhat tempered by the fact that the figures are supported by a more limited data set. Even so, it is not a positive sign that unemployment numbers are exceeding expectations under these circumstances. At this time, there is still no word on when the Consumer Price Index will be released,…

19

Dec

By Lori Blank

Productivity Tips

Simple Ways to Be More Productive While Working from Home

Working from home sounds ideal until distractions, interruptions, and blurred boundaries start to affect your focus. If you are adjusting to a home-based routine, the good news is that a few simple habits can help you feel more organized, more productive, and less stressed. Here are 6 practical ways to make working from home work for you. Set Up a Dedicated Work ZoneChoose 1 spot in your home that is your work area, even if it is a small corner. A consistent workspace helps your brain shift into work mode faster. Keep it tidy and stocked with the basics you…

18

Dec

By Lori Blank

Home Buying Tips

The Real Cost of Homeownership, What Buyers Must Know Before They Commit

Buying a home is an exciting step and a powerful wealth building move, but the purchase price is only part of the financial picture. Many buyers focus on the down payment and monthly loan amount, then feel surprised by the ongoing costs that come with owning a home. Understanding these expenses ahead of time helps you buy with confidence and avoid unnecessary financial stress. Your Monthly Mortgage PaymentFor most homeowners, the mortgage payment is the largest recurring expense. This payment includes the principal balance and the interest charged for borrowing the funds. The amount depends on your loan size, interest…

17

Dec

By Lori Blank

Home Buyer Tips

A Practical Buyer Guide with Smart Steps to Buying Your Next Home

Buying your next home is an exciting milestone, but it also comes with important financial decisions. Whether you are upgrading, downsizing, or relocating, preparation is key. Market conditions evolve, lending standards change, and personal finances shift over time. These seven essential tips will help you approach the process with clarity and confidence. Plan Early for Your Down PaymentYour down payment is the amount you contribute upfront toward the purchase price of your home. This amount is typically a percentage of the total price and varies based on loan type and qualifications. Creating a savings plan early allows you to set…

16

Dec

By Lori Blank

Real Estate Tips

A Simple Seller Checklist to Prepare Your Home For a Successful Sale

Selling your home is a major milestone, and preparation plays a key role in achieving a strong result. Buyers form opinions quickly, and thoughtful updates can influence both interest and offers. These steps help position your home to appeal to today's buyers while maximizing value. Partner With the Right ProfessionalsWorking with an experienced real estate professional gives you a clear advantage. A knowledgeable agent can evaluate comparable homes, review recent sales, and help determine a competitive listing price. They also guide you on presentation, timing, and buyer expectations. It is also helpful to connect with a lending professional early to…

15

Dec

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – December 15th, 2025

The Federal Reserve Interest Rate decision occurred the prior week, with the Federal Reserve cutting interest rates another quarter as expected by many industry analysts. This has given the market a lot of optimism that the trend will still continue and the Chairman Jerome Powell has stated it’s a good time to wait and see where the economy is headed before cutting rates further, giving further confidence more will be coming next year. There was also the U.S. Trade Deficit to gauge where the current trade policies have positioned the U.S. and it has been reported that the expectations for…

12

Dec

By Lori Blank

Homeowner Tips

Should You Upsize or Stay Put and Renovate

As life changes, your home needs can change as well. Growing families, new hobbies, remote work, or lifestyle shifts often create the question many homeowners eventually face. Should you move into a larger home, or should you stay where you are and renovate? The answer is not always simple, and the right choice depends on your finances, your long-term goals, and how well your current home can adapt. As real estate professionals, we help homeowners evaluate these choices so they can move forward confidently. Consider How Much Space You Truly NeedBefore deciding to upsize, take a close look at what…

11

Dec

By Lori Blank

Real Estate Tips

Pet-Friendly Design Ideas That Also Impress Buyers

For many homeowners, pets are family, so it is natural to want a home that works for both humans and furry friends. The good news is that pet-friendly design does not have to compromise style or hurt resale value. In fact, many upgrades that make life easier for pets also appeal to future buyers. As real estate professionals, we often see homes with thoughtful pet features stand out in the market because they look purposeful, clean, and well maintained. Choose Durable, Attractive FlooringFlooring is one of the biggest concerns for pet owners. Scratches, stains, and wear can add up fast.…

10

Dec

By Lori Blank

Home Buyer Tips

How Shared Custody Schedules Can Affect Where You Buy

Buying a home is already a major decision, but when you are navigating a shared custody schedule, the process becomes even more personal and complex. Location, school boundaries, commute times, and daily logistics all play a larger role in your home search. As real estate professionals, we work with many parents who want to choose a home that supports their custody arrangements, reduces stress, and provides stability for their children. With thoughtful planning, you can find a home that fits both your lifestyle and your family's needs. Consider Distance Between Households FirstWhen shared custody is involved, the distance between your…

09

Dec

By Lori Blank

Real Estate

Buying a Fixer-Upper and How to Avoid a Money Pit

Buying a fixer-upper can be a smart way to build equity, customize a home, and stay within budget in a competitive market. The challenge is knowing the difference between a great investment and a true money pit. As real estate professionals, we guide buyers through this decision every day. With the right preparation and the right expectations, you can choose a home with potential instead of one that drains your savings and your sanity. Start With a Thorough Home InspectionA detailed inspection is the first line of defense against a money pit. Structural issues, roof damage, outdated electrical systems, and…