Homebuyers The Equity You Could Gain over the Next 5 Years Buy now or wait? That’s the big question for a lot of buyers. But what you may not realize is just how much equity is at stake if you delay. Even the forecasts for more moderate home price growth could add up to $90,000 in equity over the next 5 years. So, if you want […]
Homebuyers Why Buying Now May Be Worth It in the Long Run Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision. As soon as you buy, you’ll start gaining equity. And […]
Homebuyers Down Payment Assistance Utilization Gap Are you saving for your down payment? Here’s something you’re going to want to know. Most first-time homebuyers qualify for programs that can help with that upfront expense. But few actually take advantage of it. To see if you qualify, make sure you connect with a trusted lender. It could help you achieve your homeownership […]
Homebuyers The Down Payment Assistance You Didn’t Know About Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below): Here’s what you need to know to make the most of your down payment in today’s housing market. […]
For sellers 4 Signs Your House Is Overpriced You want your house to sell quickly and for top dollar. But pricing it too high can seriously jeopardize those goals. So, once your house is listed, watch out for these 4 signs that it’s overpriced. And if any of these are happening to you, be sure to lean on your agent to course correct. […]
For sellers Is Your House Priced Too High? Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of the most crucial steps in the […]
Homebuyers Lower Mortgage Rates Boost Your Buying Power Mortgage rates are trending down and that’s great news for your bottom line. As rates drop, your monthly payment on your next home does too. Even a small change in mortgage rates can have a big impact on your purchasing power. If you put your search on hold when mortgage rates were higher, think about […]
Uncategorized Mortgage Demand Rises When Rates Fall Mortgage rates are dropping. As a result, more buyers are getting ready to re-enter the market. That’s clear based on the rise in mortgage applications since rates started to fall. If you’ve been thinking about selling, let’s talk about how to get your house ready so you can take advantage of increased buyer activity.
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For sellers Falling Mortgage Rates Are Bringing Buyers Back If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the sidelines, things are starting to shift. Rates are already coming down due to a number of economic factors. And yesterday the Federal Reserve cut […]
Homebuyers Smaller Newly Built Homes Census Have you felt like homeownership is out of reach? You aren’t alone. But here’s some good news: builders are focusing on bringing smaller, more affordable homes to market. And if we open up your search to include those new builds, we may be able to find the right fit for your budget.
Homebuyers The Latest Builder Trend: Smaller, Less Expensive Homes Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you’re worried about finding a home that’s right for your budget. […]
For sellers Mortgage Rates Reach Lowest Level Since February 2023 Mortgage rates have hit their lowest level since February 2023 – and that’s big news. So if you’ve been sitting on the homebuying sidelines waiting for this to happen, it’s time to talk about making your move. Because the monthly savings is going to be a game changer for your purchasing power.
For sellers Mortgage Rates Drop to Lowest Level in over a Year and a Half Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s […]
Homebuyers Best Week To Buy a Home in 2024 September 29 – October 5 is the best week to buy a home this year, according to a study from Realtor.com. And with mortgage rates coming down like they have recently, that makes this sweet spot even hotter.
Homebuyers The Best Time To Buy a Home This Year A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year is just around the corner. Your sweet spot is […]
For sellers Checklist for Getting Your House Ready To Sell Getting your house ready to sell? Here’s a few tips on what you may want to do to prepare. Focus on making it inviting, showing it’s cared for, and boosting your curb appeal. If you want specific advice to help your house stand out in our local market, let’s connect.
Homebuyers Closing Cost Tips NerdWallet Planning to buy a home? Make sure you’re budgeting not just your down payment, but for your closing costs too. And if you want to try to cut down on those a bit, try these tips. Negotiate with the seller for concessions, shop around for more affordable home insurance, and look into closing cost assistance […]
Homebuyers What To Know About Closing Costs Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don’t forget about closing costs. Here’s what you need to know. […]
For sellers Home Price Appreciation Is Moderating Wondering what’s really happening with home prices? This visual should help. Data shows home price appreciation is moderating nationally. That means prices are still rising, just not as fast. And if you compare the numbers for last year to 2024, you can see it.
Homebuyers Importance of PreApproval Investopedia Quote Even though affordability is improving, it’s still tight. So, it’s important to take some time early on to talk to a lender about pre-approval. As part of that conversation, you’ll go over your loan options, what you can borrow, and your monthly payment, so you can gauge what really works for your budget.