New Homes Three Things Buyers Can Do in Today’s Housing Market It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.” If you’re thinking of buying a […]
New Homes Is the Real Estate Market Slowing Down, or Is This a Housing Bubble? The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To […]
New Homes Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. […]
New Homes A Crucial First Step: Mortgage Pre-Approval Some Highlights Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted […]
Seller Will My House Still Sell in Today’s Market? If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years. Buyer Demand Then and Now During the pandemic, mortgage rates hit record lows, and […]
Seller Watching the Stock Market? Check the Value of Your Home for Good News. While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in […]
Seller Top Reasons Homeowners Are Selling Their Houses Right Now Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house. Data shows 51% of homeowners have a mortgage rate under 4% as of […]
New Homes What Experts Say Will Happen with Home Prices Next Year Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price […]
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Seller Fall Home Selling Checklist Some Highlights When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. […]
Real Estate Market Update What Sellers Need To Know in Today’s Housing Market If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your house and make a […]
Real Estate Market Update Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. […]
Buyer Why You May Want To Start Your Home Search Today If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and more to try to decide if you want to jump into the market. While some buyers may wait things out, there’s a reason serious buyers are making […]
Buyer What Would a Recession Mean for the Housing Market? Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s […]
Buyer What YOU Need to Know When Buying for Schools What YOU Need to Know When Buying for Schools One piece of criteria you must think long and hard about is whether “good schools” should be part of your criteria for a home. For some first-time buyers it is, for others, it’s the first piece of criteria that should be thrown out. When to Throw […]
Buyer How To Get Everything You Want In A Home How to Get Everything You Want in a Home So far in this series, you’ve decided on a monthly budget, narrowed down a location, and decided on your criteria for a new home … but you haven’t been able to go house hunting just yet!  You may think that’s crazy, but it isn’t.  It’s important […]
Buyer The Backwards (But Right!) Way to Finance Your First Home The Backwards (But Right!) Way to Finance Your First Home When it comes to getting a mortgage to buy your first home, many buyers decide on the price point of the house they want to buy before talking to a lender.   They’ll say something like — “We are going to buy a home for […]
Buyer The 3 Steps Most Buyers Skip When Buying a Home The 3 Steps Most Buyers Skip When Buying a Home There’s a very specific formula and step-by-step approach that buyers – like you — should take to make sure they end up with the home that best fits their needs and budget.   It requires some initial patience on your part so that each step […]
Buyer Are You A “House” Or “Location” Person Are You a “House” or a “Location” Person? When you’re thinking about buying a home, what pops up in your mind? Are you most excited about living near your favorite coffee shop, certain restaurants or a convenient bike trail? Or are you filled with the anticipation of having a home with awesome features, like a […]
Buyer Questions to Answer Before You Step Foot in an Open House Questions to Answer Before You Step Foot in an Open House We all do it.  We finally feel ready to buy a home, the time is right, we feel like we have saved enough for a down payment, AND we then assume the next logical step is to get online and find some open houses […]
Buyer How to Find the Perfect Home for You and Your Budget Series How to Find the Perfect Home for You and Your Budget Series Taking that first step to buy your very first home can be scary and daunting. As a first-time buyer, you may think, “Can I really afford a home that I’ll love and that will meet my needs?” It can be done. And we […]