Blog - Lori Blank & Associates

31

Jul

Real Estate Tips

How to Decide Whether a New Construction Home Is Right for You

Buying a newly built home can be an exciting option for many buyers. From modern floor plans to energy-efficient features, new construction offers benefits that existing homes may not. At the same time, purchasing a brand-new home comes with its own considerations. Understanding both the advantages and potential tradeoffs can help you determine whether a new construction home is the right fit for your lifestyle and long-term goals. Consider the Benefits of New ConstructionOne of the biggest advantages of a newly built home is that everything is brand new. Major systems, appliances, roofing, and mechanical equipment typically require less maintenance…

30

Jul

By Lori Blank

Real Estate Tips

Why Your First Offer Does Not Have to Be Your Last

Buying a home can be an emotional experience, especially if your first offer is not accepted. In a competitive market, it is common for sellers to receive multiple offers, and not every buyer will secure the first home they pursue. While it can be disappointing, an unsuccessful offer does not mean your homeownership journey is over. In many cases, it is simply one step toward finding the right home. Understand Why Offers Are RejectedThere are many reasons an offer may not be accepted. Another buyer may have offered a higher price, fewer contingencies, or a faster closing timeline. Sometimes the…

29

Jul

By Lori Blank

Real Estate Tips

What to Expect During Your Final Walk-Through

The final walk-through is one of the last steps before you officially become a homeowner. While it is exciting to see your new home again, this visit also serves an important purpose. It gives you the opportunity to confirm that the property is in the agreed-upon condition before closing and helps ensure there are no unexpected surprises on move-in day. Verify the Home's ConditionDuring the walk-through, take your time looking over the home to make sure it is in substantially the same condition as when you agreed to purchase it. If the seller agreed to complete specific repairs, this is…

28

Jul

By Lori Blank

Real Estate Tips

How to Compare Homes Without Feeling Overwhelmed

Shopping for a home is exciting, but after touring several properties, it is easy for them to start blending together. One kitchen begins to look like another, and remembering which home had the larger backyard or updated primary bathroom becomes more difficult. Having a simple strategy for comparing homes can help you stay organized, make confident decisions, and avoid unnecessary stress during your search. Focus on Your PrioritiesBefore you begin touring homes, create a list of your must-haves, nice-to-haves, and deal breakers. Features such as location, number of bedrooms, commute time, school districts, or outdoor space may carry different levels…

27

Jul

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – July 27th, 2026

The PCE Index inflation data is expected to come in lower this week than the previous month's reading. With the Federal Reserve's rate decision set to arrive soon, the prior week was relatively light in terms of economic data. Despite inflation continuing to trend lower, this is unlikely to have an impact on the rate decision later this week. However, it will likely spark further discussion about the current state of the economy. Although inflation remains persistent, there have also been several encouraging developments. Economic IndicatorsThe US Leading Economic Index decreased by 0.2% in June 2026, driven by weak consumer…

24

Jul

By Lori Blank

Real Estate Tips

How to Tell if a Home Has Been Well-Maintained

Buying a home is about more than beautiful finishes and updated décor. Fresh paint and stylish fixtures can make a great first impression, but they do not always tell the full story. A well-maintained home often reveals itself through the small details that many buyers overlook. Learning what to look for during a showing can help you make a more informed decision before you submit an offer. Look Beyond Cosmetic ImprovementsIt is easy to be impressed by new countertops or modern lighting, but take a moment to look deeper. Examine the condition of the walls, baseboards, doors, and flooring. Small…

23

Jul

By Lori Blank

Real Estate Tips

What to Look for During a Second Home Tour

The first time you tour a home, it is easy to focus on the excitement of the moment. You may notice the updated kitchen, beautiful flooring, or spacious backyard, but it is also easy to overlook important details. That is why a second home tour can be one of the most valuable steps in the buying process. With first impressions behind you, you can take a closer look at how the home truly fits your needs and lifestyle. Pay Attention to the Condition of the HomeDuring your second visit, slow down and look beyond the cosmetic features. Check walls, ceilings,…

22

Jul

By Lori Blank

Real Estate Tips

Why Storage Space Matters More Than Extra Square Footage

When searching for a new home, many buyers focus on the total square footage. While having additional living space can certainly be appealing, it is not always the feature that has the biggest impact on everyday life. A well-designed home with plenty of storage often feels more comfortable and organized than a larger home with limited places to keep everyday belongings. Looking beyond the square footage can help you choose a home that works better for the way you live. Think About Your Daily RoutineEvery home collects items that are used throughout the year. Holiday decorations, sports equipment, luggage, cleaning…

21

Jul

By Lori Blank

Real Estate Tips

How Natural Light Can Change the Way You Feel About a Home

Walking into a home filled with natural light often creates an immediate sense of warmth and comfort. Bright spaces can feel larger, more welcoming, and more inviting, even if the home's square footage is modest. While features like updated kitchens and beautiful flooring are important, natural light is one characteristic that can influence how you experience a home every single day. Notice the Home at Different Times of DayA home can look very different depending on when you visit. Morning sunlight may brighten the kitchen, while afternoon light could fill the living room with warmth. If possible, visit the property…

20

Jul

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – July 20th, 2026

Inflation has shown signs of easing for the first time since the early days of the COVID pandemic. However, inflation remains higher than anticipated. Both the PPI and CPI data releases came in lower than expected, suggesting that inflationary pressures may be beginning to moderate. This is based on the newer, more theoretical reporting for the PPI and CPI. It is unlikely this will cause any significant change in stance by the Federal Reserve, as it still prefers the PCE Index as its preferred inflation indicator. In addition, prices remain elevated for the average consumer, creating pressure across many sectors.…