{"id":95883,"date":"2026-06-20T19:44:54","date_gmt":"2026-06-20T19:44:54","guid":{"rendered":"https:\/\/testedwebsite.us\/realestatee\/agent\/terryfihelly2\/"},"modified":"2026-06-20T19:45:14","modified_gmt":"2026-06-20T19:45:14","slug":"terryfihelly2","status":"publish","type":"agent","link":"https:\/\/testedwebsite.us\/realestatee\/agent\/terryfihelly2\/","title":{"rendered":"terryfihelly2"},"content":{"rendered":"

The key Of Housing<\/strong><\/p>\n

Every few years the housing market rewrites the rules, and buyers who learned<\/a> the last set of rules show up unprepared for the new ones. Right now, the rules have changed more than they have at any point in a generation<\/a>. The buyers who understand that are finding deals. The ones who do not are making expensive mistakes<\/a>.<\/p>\n

Home prices at the national level have stayed stubbornly high even as financing costs doubled in under two years. The reason is supply. Homeowners who locked in three percent mortgages in 2020 and 2021 have almost no incentive to sell, which means the correction that many analysts were expecting simply did not materialize<\/a> the way the data suggested it should.<\/p>\n

Terry is a name you might hear from a lot of agents right now, because the buyers getting deals done tend to know exactly what they want and why. That is not a personality trait. It is a preparation habit.<\/p>\n

Your credit score<\/a> affects your rate more directly than most buyers realize. A score of 760 or above typically qualifies<\/a> for the best rate tier<\/a> most lenders offer. If your score has room to improve, talk to your loan officer about specific steps to raise it before you apply formally.<\/p>\n

The appraisal is the lender’s check, not yours. If the home appraises below the contract price, the lender will only finance against the appraised<\/a> value. Ask your agent how common appraisal gaps have been in your target price range and neighborhood.<\/p>\n

Budget enough to cover origination fees, title, escrow, prepaid<\/a> taxes, and insurance without being caught short at the table. First-time buyers are sometimes surprised by how much cash is required beyond the down payment itself. Ask your lender for a Loan Estimate before you make any offers, so you can plan your cash position<\/a> accurately.<\/p>\n

Real estate is illiquid. Buying and selling<\/a> inside two years is almost always a money-losing proposition once you account for the full cost of both transactions. None of that means do not buy. It means be honest about your time horizon<\/a> before you commit.<\/p>\n

The buyers who come out ahead in this market are not the ones who waited for perfect conditions<\/a>. They are the ones who understood what they could afford and moved with confidence<\/a>. If you are ready to take that step, real estate listings and buyer tools<\/a> are a practical starting point.<\/p>\n","protected":false},"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","agent_location":[58],"agent_category":[],"class_list":["post-95883","agent","type-agent","status-publish","hentry","agent_location-miami"],"cmb2":{"_agent_contact_details":{"_agent_attached_user":"","_agent_featured":"","_agent_job":"","_agent_email":"terry_fihelly@globalemail.online","_agent_website":"","_agent_phone":"3917596241","_agent_fax":""},"_agent_socials":{"_agent_socials":[{"network":"fab fa-pinterest"}]},"_agent_location":{"_agent_address":"Strada Statale 73","_agent_map_location":{"address":"","latitude":"","longitude":""}}},"_links":{"self":[{"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/agent\/95883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/agent"}],"about":[{"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/types\/agent"}],"replies":[{"embeddable":true,"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/comments?post=95883"}],"wp:attachment":[{"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/media?parent=95883"}],"wp:term":[{"taxonomy":"agent_location","embeddable":true,"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/agent_location?post=95883"},{"taxonomy":"agent_category","embeddable":true,"href":"https:\/\/testedwebsite.us\/realestatee\/wp-json\/wp\/v2\/agent_category?post=95883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}