What It Means To Be in a Seller's Market If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this season is the ultimate seller's market and the optimal time to make sure your house is available for buyers who are looking for homes to purchase. The latest Existing Home Sales Continue Reading about What It Means To Be in a Seller’s Market
Real Estate
FSBO: Don’t Sell on Your Own Just Because It’s a Sellers’ Market
FSBO: Don’t Sell on Your Own Just Because It’s a Sellers’ Market In a sellers’ market, some homeowners might be tempted to try to sell their house on their own (known as For Sale By Owner, or FSBO) instead of working with a trusted real estate professional. When the inventory of homes for sale is as low as it is today, buyers are eager to snatch up virtually any house that comes to market. Continue Reading about FSBO: Don’t Sell on Your Own Just Because It’s a Sellers’ Market
Buyer & Seller Perks in Today’s Housing Market
Buyer & Seller Perks in Today’s Housing Market Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to keep on the Continue Reading about Buyer & Seller Perks in Today’s Housing Market
Should We Fear the Surge in Cash-Out Refinances?
Should We Fear the Surge in Cash-Out Refinances? Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in Continue Reading about Should We Fear the Surge in Cash-Out Refinances?
Home Renovations: To Renovate or Not To Renovate Before You Sell
Home Renovations: To Renovate or Not To Renovate Before You Sell Are home renovations worth it right now? When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they would be in a more normal market. Continue Reading about Home Renovations: To Renovate or Not To Renovate Before You Sell
Another Housing Crash? 6 Simple Graphs Proving This Is Nothing Like Last Time
6 Simple Graphs Proving This Is Nothing Like Last Time Many are asking the question... are we headed for another housing crash? Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic. Instead, real estate had one of its best years ever. Home sales and prices were both up substantially over the year Continue Reading about Another Housing Crash? 6 Simple Graphs Proving This Is Nothing Like Last Time
Buying a Home Today… How Smart Is It?
How Smart Is It to Buy a Home Today? Is buying a home today a smart move? Whether you’re buying your first home or selling your current house, if your needs are changing and you think you need to move, the decision can be complicated. You may have to take personal or professional considerations into account, and only you can judge what impact those factors should have on your desire to Continue Reading about Buying a Home Today… How Smart Is It?
How Upset Should You Be about 3% Mortgage Rates
How Upset Should You Be about 3% Mortgage Rates? Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The Continue Reading about How Upset Should You Be about 3% Mortgage Rates
