So when exactly does the primary negotiation when purchasing a home take place? Quite simple actually, it takes place when the contract is signed and agreed upon – including the price, closing date and when possession will take place. One issue especially over the past year is inventory was down 19%, which made multiple offers […]
Category Archives: Downsizing
Inflation – You Can Benefit From It, Or Become A Victim
We are ALL seeing the effects of inflation, especially during these times. We are currently in the highest inflation period in 40 years, and none of us are immune or exempt from seeing and experiencing the effects. The purchasing power of your money diminishes each day, which in turn means you’re buying less. Many of […]
A Realtor Just Might Have The “Skills” You Need
Having the right person “champion” for your real estate cause is extremely important in today’s market. After all, there are only 1.7 months supply of inventory compared to 6 months in a balanced market, and the average home is getting 4.8 offers per sale. You see, in the Middle Ages, it was a custom to […]
There Is A Cost When Waiting To Buy
Ever seen something on sale on a website? Sometimes, shopping online can really get you some great deals! And, maybe you see that item, you’re interested, but there isn’t really that full sense of urgency. Maybe there are other things going on in your life and you just didn’t get back to that item for […]
What Options Can Equity Give Homeowners?
According to CoreLogic’s Homeowner Equity Insights, Americans have seen the equity in their homes increase by 29.3% year over year in the fourth quarter of 2021. The average home equity during that time period was a whopping gain of $55,000. This increase is a fuel that homeowners are experiencing. A fuel which is a large […]
Home Prices Are Going Up – And So Is Rent. Let’s Talk About Inflation
Inflation is a word that seems to be worldwide these days. There’s a big concern in regards to inflation – including inflated prices on our gas, food, necessities and yes, you guessed it, rent. Assets, such as your home or your car, become more valuable over time. During periods of inflation, your home is a […]
Should You Rent Out Your Current Home Instead Of Sell?
We’re just going to start this off with an assumption. Let’s assume that you have owned your home for several years. Because you’ve had it for so long, it’s increased in value, not to mention the unpaid balance is considerably less than you originally borrowed. To put all that into easier terms – you have equity […]
Homeownership – The Facts
Should I Move? Is the Time Now?
Is it time to move UP or DOWN?
The stay-at-home orders that were issued across the U.S. in 2020 resulted in a lot of homeowners thinking about how nice it would be to have a larger home to accommodate all the activities that are now taking place in their current home. This is especially evident with homeowners who have children at home taking […]