Blog - Lori Blank & Associates

18

Jun

Home Selling Tips

How HomeReady and Home Possible Open Doors During National Homeownership Month

June is National Homeownership Month, a time dedicated to celebrating the American dream of homeownership and spotlighting the tools and resources that help make that dream a reality. For millions of aspiring homeowners, especially those with modest incomes, programs like Fannie Mae’s HomeReady® and Freddie Mac’s Home Possible® provide a critical pathway forward. These two government-backed loan programs are specifically designed to increase access to affordable mortgage options for low-to-moderate income borrowers. In a market where rising home prices and limited inventory can feel discouraging, HomeReady® and Home Possible® are helping more people achieve the stability and wealth-building potential that…

17

Jun

By Lori Blank

Home Selling Tips

Recognizing the Power of Having a Place to Call Home During Homeownership Month

June is National Homeownership Month, it is a time to celebrate the American dream of owning a home and to reflect on what homeownership means to individuals, families, and communities. I believe in the power of homeownership to build stability, create generational wealth, and provide a true sense of belonging. Whether you are already a homeowner or still working toward that goal, this month is dedicated to you. National Homeownership Month was originally recognized as National Homeownership Week in 1995. In 2002, President George W. Bush expanded it to the entire month of June to stress the importance of homeownership…

16

Jun

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – June 16th, 2025

The CPI and PPI have yet to reveal the impacts of the tariff policies that were placed temporarily, which gives some potential insight that there might be a path forward for the Federal Reserve to look at potential rate cuts. However, economists across many industries are expecting inflation to increase temporarily as an impact for the policies that were put in place. Significant uncertainty remains across many import and export markets, with major players opting to err on the side of caution while awaiting a final decision from the administration regarding its policies. Consumer sentiment has shown a slight improvement…

13

Jun

By Lori Blank

Home Buyer Tips

What Every Homebuyer Should Look For During a House Tour

Touring homes is one of the most exciting parts of the homebuying process. But it’s easy to get caught up in the moment, beautiful staging, new finishes, or fresh paint can sometimes distract from more important details. That’s why having a checklist is essential. Whether you’re a first-time buyer or a seasoned mover, knowing what to look for during a house tour can help you make a smart and informed decision. Curb AppealCurb appeal is important, but do not stop there. As you approach the home, observe the driveway, sidewalks, landscaping, and roofline. Cracks in pavement, standing water, or damaged…

12

Jun

By Lori Blank

Real Estate Tips

Why You Should Always Check the Street Name Before Buying a Home

When your house hunting, you are likely focused on the big things like: location, price, layout, and condition. But there is one small detail that can have a surprising impact on your homeownership experience, the street name. While it may seem insignificant at first, the name of your street can affect everything from resale value and first impressions to daily convenience and even safety. Curb Appeal Starts With the AddressFirst impressions matter, and your street name is often the first thing someone hears when you share your address. Names like “Ocean View Drive” or “Whispering Pines Lane” can evoke a…

11

Jun

By Lori Blank

Real Estate

Why Some Sellers Leave Fake Family Photos in Their Homes

Walk into an open house and you might expect fresh flowers, cozy furnishings, and soft lighting. But occasionally, you will also spot something more unexpected family portraits in frames that do not match the owner. That’s because some sellers purposely leave behind staged or even fake family photos. While it may sound odd at first, this tactic is rooted in buyer psychology and strategic marketing. Family photos, even staged ones, can stir feelings of warmth, happiness, and emotional connection. Buyers don’t just shop for square footage or granite countertops, they shop for a feeling. A framed photo of a smiling…

10

Jun

By Lori Blank

Real Estate Tips

The Hidden Reasons Homes Linger on the Market

When a home sits on the market longer than expected, the price is often the first thing blamed. While overpricing can be a major factor, it's far from the only one. One of the most common culprits is poor presentation. Buyers today form opinions within seconds, often based on online photos before they even step foot inside. Homes that are cluttered, outdated, poorly lit, or in need of deep cleaning may leave a negative impression. Listing photos that are dark, grainy, or unprofessional can stop interest before it starts. Accessibility and Showings Another big reason homes don’t move quickly is limited…

09

Jun

By Lori Blank

Financial Reports

What’s Ahead For Mortgage Rates This Week – June 9th, 2025

With next week bringing the latest wave of inflation data reports—namely the CPI and PPI—this week featured a slew of releases with minimal impact. The Trade Deficit and the Federal Reserve's Beige Book stood out as the main indicators reflecting the current state of the economy. Although tariffs have largely been put on pause, their effects continue to reverberate across numerous industries. Significant concern remains due to the instability in decision-making from the current administration. The Trade Deficit came in as expected, with the deficit cut in half following the announcement of tariffs, which caused imports to plunge. Meanwhile, the…

06

Jun

By Lori Blank

Real Estate

What is a Pocket Listing?

A pocket listing is a property that is for sale, but not publicly advertised. It is not listed on major real estate websites or even MLS. Instead, the agent keeps the listing "in their pocket," only sharing it with trusted colleagues, buyers, or clients they know are serious. These homes are still for sale, but they are sold more quietly, behind the scenes. Why Would a Seller Choose a Pocket Listing? Privacy: They may not want a lot of people walking through their home, especially if they are still living in it. Testing the Market: Some sellers want to test…

05

Jun

By Lori Blank

Home Selling Tips

Why You Should Think Like a Seller When Buying a Home

When you are buying a home, you are likely thinking about how it fits your life. Is the kitchen big enough? Does it have a home office? Is the backyard right for pets or kids? But what if I told you that thinking like a seller can make you a smarter buyer? It might sound backward, but approaching your home search with resale in mind can help you make a better investment, avoid future headaches, and even save you money in the long run. Here’s why you should always have your future resale value in mind, even on day one:…