Uncategorized National Real Estate Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]
Selling Your Home My Home Didn’t Sell! Now What? When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can […]
Market Outlook 2023 Real Estate Market Outlook (And What It Means for You) Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both […]
Buying a Home Key Advantages of Buying a Home Today There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. Right now, there are specific reasons that make this housing market attractive for those who’ve thought about buying but have sidelined their search due to rising […]
Selling Your Home Seller’s Checklist: A Timeline to Prep Your Home for Sale We may currently be in a buyer’s market, but if you want to maximize your sale price (and who doesn’t?), it’s even more important to prepare your home before putting it on the market for sale. Start by connecting with a real estate agent as soon as possible. Having the eyes and ears of an […]
Budgeting Home for the Holidays: How To Stretch Your Budget in a Season of Inflation You don’t have to break the bank to celebrate the holidays in style—even in a season of inflation. Prices may be higher on just about everything from food to gifts to decorations, but there are still plenty of opportunities to squeeze out some extra savings. For example, according to the U.S. Environmental Protection Agency (EPA), […]
Selling Your Home 7 Tips to Maximize Your Home’s Sale Price 7 Tips to Maximize Your Home’s Sale Price Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer […]
Buying a Home Buy Now or Keep Renting?   Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home Deciding whether to jump into the housing market or rent instead is rarely an easy decision.  Especially if you’re a first-time homebuyer. But in today’s ever-changing market, you may find it particularly challenging to pinpoint the best time to start […]
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Interest Rates 8 Strategies to Secure a Lower Mortgage Rate Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1 This climate has been unsettling for both buyers and sellers. However, with proper planning, you can work toward qualifying […]
Moving Tips 10 Tips for a Smooth Move 10 Tips for a Smooth Move The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have a ton to do before you can begin the process of settling into your new place. Fortunately, you don’t […]
Selling Your Home 7 Costly Mistakes Home Sellers Make (And How to Avoid Them) When you sell a home, the road to closing can be riddled with obstacles—from issues with showings to inspection surprises. But many of these complications are avoidable when you have a skilled and knowledgeable real estate agent by your side. For example, here are seven common mistakes that many home sellers make. These can cause […]
Interest Rates Higher Rates and Short Supply: The State of Real Estate in 2022 The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had hoped 2022 would bring […]