The Biggest Mistakes Sellers Are Making Right Now The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing. And if you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you can’t adjust … Continue reading Biggest Mistakes
Negotiation
Helpful Negotiation Tactics for Today’s Housing Market If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing to … Continue reading Negotiation
Equity
What Every Homeowner Should Know About Their Equity Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize. Here’s a deeper look at what … Continue reading Equity
*Mortgage Rates DROP!*
Mortgage Rates Drop: A Boost for Homebuyers and Homeowners Looking to Refinance In a welcome turn of events for prospective homebuyers and those looking to refinance, the average rate on a 30-year mortgage has fallen to 6.47%, down from 6.73% just last week. This marks the second consecutive weekly drop, bringing rates to their lowest … Continue reading *Mortgage Rates DROP!*
Multi-Gen
Why the Sandwich Generation Is Buying Multi-Generational Homes Are you a part of the Sandwich Generation? According to Realtor.com, that’s a name for the roughly one in six Americans who take care of their children and their parents or grandparents at the same time. If that sounds familiar to you, juggling all the responsibilities involved certainly must have … Continue reading Multi-Gen
Rent or Sell
Should You Rent Out or Sell Your House? Figuring out what to do with your house when you’re ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth? It’s a question many homeowners face, and the answer … Continue reading Rent or Sell
Economy Impacts
How the Economy Impacts Mortgage Rates As someone who’s thinking about buying or selling a home, you’re probably paying close attention to mortgage rates – and wondering what’s ahead. One thing that can affect mortgage rates is the Federal Funds Rate, which influences how much it costs banks to borrow money from each other. While the Federal Reserve (the Fed) doesn’t directly … Continue reading Economy Impacts
Budget Friendly
A Newly Built Home May Actually Be More Budget-Friendly If you’re in the market to buy a home, there’s some exciting news for you. Many people assume that newly built homes are more expensive than existing ones (houses that have already been lived in), but that’s not always the case. In fact, exploring newly built homes … Continue reading Budget Friendly
Foreclosures
Why a Foreclosure Wave Isn’t on the Horizon Even though data shows inflation is cooling, a lot of people are still feeling the pinch on their wallets. And those high costs on everything from gas to groceries are fueling unnecessary concerns that more people are going to have trouble making their mortgage payments. But, does … Continue reading Foreclosures