If you’ve thought about waiting until mortgage rates come down until your buy a home, you might not be making the best decision. Here’s a reason – if you are correct, and the rates do come down by two percent, the savings you benefit from a lower rate will most likely be devoured by the […]
This topic makes me think of a record. Remember back in the day, watching records spin while you listened to your favorite music? The housing market, especially when it comes to affordability, almost makes me think of those spinning records. A question many of us are asked as realtors is “when is the market going […]
“It’s a fact that many households are impacted by higher mortgage rates as they no longer earn the qualifying income for the median-priced home.” Nadia Evangelou, NAR Economist. What this means is that the rapid rise in mortgage rates during 2022 is coupled with continued appreciation of home prices. This has limited the number of […]
There are so many things going on – every single day – all around each and every one of us. Just think, a global pandemic, supply chain issues, highest inflation in 40 years, the economic effects of a war in Ukraine, it can be overwhelming to think about when the right time is to buy […]
Ever moved and wished you had done a little more research on the moving company you selected? I think we’ve all had that experience. Here are some questions you should ask your mover, to make you feel more comfortable in making the right decision. Fees What is the charge for packing? Does it include boxes? […]
If you’ve been searching for a home for a while, you’re probably well aware of this stat. Many buyers are getting frustrated and discouraged because there aren’t enough homes on the market. This is especially true with certain price ranges. And, when you do find something that you want, it seems like a war takes […]
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 […]
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 […]
A home is a very valuable asset. It must be maintained so that they function properly, are safe and enjoyable, and hold their value. Attention to maintenance, minimizing expenses and managing debt & risk are all key to helping you protect your investment. Maintenance Think about a car – it’s interesting that people normally understand […]
More than likely you’ve probably heard of CARFAX – it’s a vehicle history report that you can see online or on a car which give the complete history. You can learn hidden problems from them, and it can assist you with avoiding hidden costly problems when it comes to purchasing a car. Let’s face it […]
