Why a Pre-Approval is Even More Important This Year

Posted By Gracen Tilton @ Feb 28th 2024 3:11pm In: Charleston SC Real Estate

On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around.

While more homes are being listed for sale, the overall number of available homes is still below the norm.

At the same time, the slight downward trend in mortgage rates compared to last year is bringing more buyers back into the market. That imbalance of more demand than supply creates a bit of a tug-of-war for you.

Let’s break down what a pre-approval is and why it’s important if you’re looking to buy a home in 2024.


Gracen Tilton | Marshall Walker Real Estate | 582 Rutledge Avenue | operations@marshallwalker.com | 803-549-6318 

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