Fairway's First Team News & Updates

From market forecasts to the latest tips to increasing your home’s value.

Home Buying Red Flags - home before and after
Home Buying

What Are Home Buying Red Flags

5 Potential Issues that Shouldn’t Stop You From Buying a Home – And 5 that Definitely Should   Things You Can Overlook When Buying a Home Buying a home can be an overwhelming process. There are so many things to consider, it can be hard to know which issues are home buying red flags and

Woman in kitchen holding toddler - Housing market trends 2022
Home Buying

Housing Market Forecast 2022

Home Prices – What Does the Housing Market Look Like From Here? What does the housing market forecast look like as we head into the second half of 2022? Between the pandemic and uncertain economic conditions, a lot of the past few years has been unpredictable. Now, with housing prices and interest rates steadily climbing,

Row of suburban homes - Portland housing market 2022
Market Conditions

Portland Area Housing Market Not Cooling Off

Portland Area Housing Market – Buying a Home in 2022 Are you wondering about the Portland area housing market? If you’re thinking about buying a home in Portland, this might be a good time to jump. Housing prices continue to rise, although we may not see quite as dramatic increases as in the past two

Home Improvement

How to Stay Cool Without Wasting Energy

Many places across the country, including here on the west coast, are beginning to see unprecedented heat waves. Experts don’t expect summers to get any cooler. Prolonged exposure to high temperatures can lead to heat edema, heat stroke and other health problems. It can be especially dangerous for older adults and very young children. It

Get Your Home Summer Ready
Home Improvement

How to Get Your Home Summer Ready

With days getting longer and brighter, it’s time to start thinking about spring cleaning – Namely, preparing your home for warmer weather and getting the interior and exterior summer ready. Early spring is the perfect time to start chipping away at these tasks, before the oppressive summer heat.  Here are some things to consider around

How to Improve Your Credit Score
Credit Repair

How to Improve Your Credit Score

Your credit score is a key piece to getting approved for a mortgage. Along with your income and DTI (debt-to-income ratio), credit score is probably the most important thing that lenders look at. Your credit score is, ideally, a reflection of your reliability in making timely payments and paying back debts. That said, it can

Mortgage

Self-Employment Mortgage Criteria

How to Qualify for a Mortgage as a Self-Employed Worker or Business Owner Applying for a mortgage can feel especially daunting if you are self-employed, whether you’re a gig worker or run your own business with employees. While the self-employment mortgage criteria is the same (same income, credit, debt and down payment requirements), proving financial

Increase Your Home Value
Selling Your Home

5 Inexpensive Ways to Increase Your Home Value

Getting ready to sell your house? Studies show that big renovations are rarely necessary and oftentimes lose the seller money. Most of the big changes home buyers want to make, they will make themselves after purchase. Your job as a seller is to present a blank slate, allowing buyers to picture themselves and their own

Mortgage Rates 2022
Market Conditions

Rising Mortgage Rates 2022

Rising Mortgage Rates 2022 Mortgage rates are influenced by a variety of factors but generally reflect the general economic conditions of the time. When the economy is better, people can afford to borrow more. Through the pandemic and unemployment concerns, mortgage rates have been at historic lows for the past two years. Going into 2022,

Pros and Cons of Buying a Home For Your Child to Live In
Mortgage

Pros and Cons to Buying a Second Home For Your Child to Live In 

If you are financially able, buying a second home for your child to live in is a decision that may benefit both of you. Of course your child benefits from the lifestyle stability of secure housing, whether they are enrolled in college, making a big life change, or if you simply want to help them

Mortgage

FHA Loan Requirements 2022

An FHA loan refers to a mortgage loan insured by the Federal Housing Administration, which is run by the Department of Housing and Urban Development (HUD). These loans are offered by the United States government to help make home ownership more accessible for those with lower credit scores and who may not be able to

Stylish corner inside a home with side table and chairs
Mortgage

What Happens After Making An Offer On a House

There are a lot of steps that go into purchasing a home, and it’s normal to feel overwhelmed. Finally finding a house you love and making an offer is a huge step, but it’s only the beginning of the process to actually owning the home. It is important to familiarize yourself with what happens after