#firsttimebuyers | Realty One Group Impact Blog

Tuesday, May 9, 2023   /   by Trisha Davis

4 Factors Affecting the Real Estate Market

If you’ve been preparing to buy a home in the last couple of years, then you’re probably aware of the serious housing inventory shortage you may have to contend with.
Low housing supply has led to rising home prices, buyer competition and, in many markets, bidding wars.
But what caused the shortage in the first place? And why hasn’t it changed much in recent years? Here’s what you need to know.
Slow Housing Construction: Builders have reduced their work since the housing crash in 2008. There have also been issues with supply chains, the rising cost of lumber and other materials, and contractor shortages. All these elements have made it harder to build new homes to increase supply.
Homeowners Staying Put: Right now, mortgage rates are higher than they were at the height of the pandemic. Finding a new home doesn't always make sense for homeowners with the 2% or 3% rates seen a few years ago. Few are choosing to sell because of interest rates, but man. ...

  #monthlynewsletter #iowarealestate #yourlocalagent, #firsttimebuyers

Tuesday, March 28, 2023   /   by Trisha Davis

What elements make up your Credit Score?

What elements make up your credit score?






When you buy a home, your credit score plays an essential role: It can impact what loans you’re eligible for and the interest rate you get (which will affect your monthly payment costs).

But what determines your score? The exact elements depend on which scoring method you’re looking at, and lenders often use FICO.

Generally speaking, credit scores range from 300 to 850 and are influenced by the following five factors:



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How One App Could Help You Find a Home

It can be hard to find a new place. And while listing platforms are a good place to start, branching out to social media might offer plenty of inspiration or help in the real estate market. ...

  #monthlynewsletter #iowarealestate #yourlocalagent, #firsttimebuyers, #improvecreditscore

Realty One Group Impact
140 S 68th st #1104
West Des Moines, IA 50266
Licensed to Sell Real Estate In Iowa

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Last Updated February 15, 2025
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