REAL ESTATE BLOG

Monday Sep 1st, 2025 Share

Why Boomers Are Dominating the Treasure Coast Real Estate Market (And What It Means for You)

Like watching a powerful tide roll in, I've been witnessing something remarkable happen along our beautiful Treasure Coast waters this year. Baby Boomers have swept into our real estate market with the force of a spring tide, completely reshaping the landscape for everyone involved. As someone who's been diving deep into these market currents, I want to share what's really happening beneath the surface—and what it means whether you're looking to buy, sell, or just...

Thursday Aug 28th, 2025 Share

What Buyers Need To Know About Homeowners Association Fees

  When buying a home, you’re probably thinking about mortgage rates, home prices, your down payment, and maybe even your closing costs. But you may not be thinking about homeowners association (HOA) fees. While you won’t necessarily have these, you should know it’s a possibility, depending on where you decide to live. A homeowners association is basically an organization that oversees a housing community (including shared spaces) and sets and enforces rules...

Tuesday Aug 26th, 2025 Share

You Could Use Some of Your Equity To Give Your Children the Gift of Home

  If you’re a homeowner, chances are you’ve built up a lot of wealth – just by living in your house and watching its value grow over time. And that equity? It’s something that could help change your child’s life. Since affordability is still a challenge, a lot of first-time buyers are struggling to buy a home in today’s market. Even if they have a stable job and a solid plan, buying can still feel out of reach. But that’s where your...

Thursday Aug 21st, 2025 Share

Why Would I Move with a 3% Mortgage Rate?

  If you have a 3% mortgage rate, you’re probably pretty hesitant to let that go. And even if you’ve toyed with the idea of moving, this nagging thought may be holding you back: “why would I give that up?” But when you ask that question, you may be putting your needs on the back burner without realizing it. Most people don’t move because of their mortgage rate. They move because they want or need to. So, let’s flip the script and ask this...

Tuesday Aug 19th, 2025 Share

Thinking about an Adjustable-Rate Mortgage? Read This First.

  If you’ve been house hunting lately, you’ve probably felt the sting of today’s mortgage rates. And it’s because of those rates and rising home prices that many homebuyers are starting to explore other types of loans to make the numbers work. And one option that’s gaining popularity? Adjustable-rate mortgages (ARMs). If you remember the crash in 2008, this may bring up some concerns. But don’t worry. Today’s ARMs aren’t the same....

Monday Aug 18th, 2025 Share

How to Prep Your Home for a Fast Sale in Florida’s Buyer’s Market

Let’s Set Sail: Attracting Florida Buyers Fast Hey there! Tamela Staubs here, your friendly real estate mermaid, ready to guide you through prepping your home so it makes a splash in today’s competitive Florida market. Whether you’re poolside in Port St. Lucie or soaking in the sea breeze on Hutchinson Island, these tips will help your home stand out and sell quickly—even when the tides are in buyers’ favor. Embrace That Florida Vibe Let the Sunshine...

Sunday Aug 17th, 2025 Share

August 2025 Treasure Coast Real Estate Market Snapshot

Sliding into August 2025, the real estate tides along the Treasure Coast are officially shifting—and as your local "mermaid" real estate pro, I've been swimming deep for the data you need. Whether you’re an eager seller or a hopeful homebuyer with salt in your hair and a plan in your pocket, here’s what you need to know beneath the surface. Rising Inventory: A Sea Change for Buyers If 2024 was the year of tight inventory and frenzied bidding, 2025 has...

Thursday Aug 14th, 2025 Share

More Homes for Sale Isn’t a Warning Sign – It's Your Buying Opportunity

  Maybe you’ve heard the number of homes for sale has reached a recent high. And it might make you question if this is the start of another housing market crash. But the reality is, the data proves that’s just not the case. In most areas, more inventory isn’t bad news. It’s actually a sign of the market returning to a more stable, healthy place. What’s Going on With Inventory? Based on the latest data from Realtor.com, inventory just hit its...

Wednesday Aug 13th, 2025 Share

Navigating a Buyer’s Market: Smart Strategies for Florida Home Sellers in 2025

Tuesday Aug 12th, 2025 Share

Is It Better To Rent or Buy a Home?

  You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? With high home prices and stubborn mortgage rates, renting can seem like the safer choice right now. Or maybe your only choice. That’s a very real feeling. And perhaps buying today isn’t your best move; it’s not for everyone right away. You should only buy a home when you’re ready and able to do it, and if the timing is right for you. But here’s the...

Thursday Aug 7th, 2025 Share

The Secret To Selling Your House in Today’s Market

  A few years ago, homes were flying off the shelves and getting multiple offers well over their asking price. It felt like you could name your price and still have buyers lined up at the door. But today’s housing market is different. Buyers are getting more selective now that inventory has grown. Homes are sitting a little longer. And more sellers are having to cut their prices. So, how do you still come out on top? It all starts with one thing, pricing your house...

Tuesday Aug 5th, 2025 Share

Many Veterans Don’t Know about This VA Home Loan Benefit

  For 80 years, Veterans Affairs (VA) home loans have helped countless Veterans buy a home. But even though a lot of Veterans have access to this powerful program, the majority don't know about one of its core benefits. According to a report from Veterans United only 3 in 10 Veterans are aware they may be able to buy a home with no down payment with a VA loan (see visual below): That means 7 out of every 10 Veterans could be missing out on a key homebuying...

Thursday Jul 31st, 2025 Share

The Rooms That Matter Most When You Sell

  Now that buyers have more options for their move, you need to be a bit more intentional about making sure your house looks its best when you sell. And proper staging can be a great way to do just that. What Is Home Staging? It’s not about making your house look super trendy or like it belongs in a magazine. It’s about helping it feel welcoming and move-in ready, so it's easy for buyers to picture themselves living there. It’s important to...

Tuesday Jul 29th, 2025 Share

Understanding Today’s Mortgage Rates: Is 3% Coming Back?

  A lot of buyers are pressing pause on their plans these days, holding out hope that mortgage rates will come down – maybe even back to the historic-low 3% from a few years ago. But here’s the thing: those rates were never meant to last. They were a short-term response to a very specific moment in time. And as the market finds its footing again, it’s time to reset expectations. Back in 2020 and 2021, 3% mortgage rates gave buyers a serious boost: more...

Thursday Jul 24th, 2025 Share

Why Buying Real Estate Is Still the Best Long-Term Investment

  Lately, it feels like every headline about the housing market comes with a side of doubt. Are prices going up or down? Are we headed for a crash? Will rates ever come down? And all the media noise may leave you wondering: does it really make sense to buy a home right now? But here’s one thing that doesn’t get enough airtime. Real estate has always been about the long game. And when you look at the big picture, not just the latest clickbait headlines, it’s...

Tuesday Jul 22nd, 2025 Share

Newly Built Homes May Be Less Expensive Than You Think

  Do you think a brand-new home means a bigger price tag? Think again. Right now, something unique is happening in the housing market. According to the Census and the National Association of Realtors (NAR), the median price of newly built homes is actually lower than the median price for existing homes (ones that have already been lived in): You read that right. That brand new, never-been-lived-in house may cost less than the one built 20 years ago in a neighborhood just...

Thursday Jul 17th, 2025 Share

Is Inventory Getting Back To Normal?

    After years of it feeling almost impossible to find a home you want to buy, things are changing for the better. Nationally, inventory is growing, and that gives you more options for your move. But here’s what you need to know. That level of growth is going to vary based on where you live. And that’s why you need an agent’s local market expertise. Here’s a quick rundown of the current inventory situation, so you know what’s happening...

Tuesday Jul 15th, 2025 Share

The Five-Year Rule for Home Price Perspective

  Headlines are saying home prices are starting to dip in some markets. And if you’re beginning to second guess your plans based on what you’re hearing in the media, here’s what you need to know. It's true that a few metros are seeing slight price drops. But don't let that overshadow this simple truth. Home values almost always go up over time (see graph below): While everyone remembers what happened around the housing crash of 2008, that was...

Thursday Jul 10th, 2025 Share

Buying Your First Home? FHA Loans Can Help

  If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan. They’re designed to help you overcome some of the biggest financial hurdles in the homebuying process – and that’s why so many first-timers are using them to make their...

Tuesday Jul 8th, 2025 Share

Your House Didn’t Sell. Here’s What To Do Now.

  When your house doesn’t sell, it doesn’t just feel frustrating – it feels personal. You put time, money, and emotional energy into this move. You told your friends and family it was happening. And now that your listing has expired without a buyer? You’re left feeling stuck, and maybe even a little embarrassed. And here's what most agents won’t tell you. Over 70% of homeowners who re-list with a different agent sell their house. Re-list...

Thursday Jul 3rd, 2025 Share

Why Most Sellers Hire Real Estate Agents Today

  Selling your house without an agent as a “For Sale by Owner” (FSBO) may be something you’ve considered. But you should know that, in today’s shifting market, more homeowners are deciding that’s just not worth the risk. According to the latest data from the National Association of Realtors (NAR), the number of homeowners selling without an agent has hit an all-time low (see graph below):   And for the small number of homeowners...

Tuesday Jul 1st, 2025 Share

Why More Sellers Are Choosing To Move, Even with Today’s Rates

  It’s hard to let go of a 3% mortgage rate. There’s no question about it. It’s the main reason why so many homeowners have delayed their move in recent years. But here’s something to consider. While your low rate might be ideal, it doesn’t make up being too cramped, having a staircase your knees can’t handle anymore, or being 1,000 miles from your family. And those real-life needs are pushing more sellers off the fence despite today’s...

Thursday Jun 26th, 2025 Share

Why Homeownership Is Going To Be Worth It

  Life can feel a bit unpredictable these days. What’s happening with inflation? The economy? The housing market? But in the middle of all that uncertainty, there’s one thing a lot of people still crave – a place to call their own. Because when everything else feels up in the air, home can be the thing that grounds you. As the experts at 1000WATT put it: “Homeownership isn’t primarily financial anymore. . . Across all demographics, emotional and...

Tuesday Jun 24th, 2025 Share

The Top 2 Reasons To Look at Newly Built Homes

  When planning a move, a newly built home might not be the first thing that comes to mind. But with more brand-new homes on the market and builders focusing on smaller, more affordable options, this type of home may just be the key to crossing the homebuying finish line. Here's why a new build is worth considering – and how an agent can help you find one that meets your needs and your budget. 1. More Newly Built Homes Are Available Right Now First, let’s break down the...

Thursday Feb 27th, 2025 Share

Smaller Homes, Bigger Opportunities: The Homebuilder Trend Buyers Love

  It’s no secret that affordability is tough with where mortgage rates and home prices are right now. And that may have you worried about how you’ll be able to buy a home. But, if you don’t need a ton of space, you may find you have more cost-effective options in an unexpected place: new home communities. Builders Are Building Smaller Homes  Since smaller homes typically come with smaller price tags, buyers have turned their attention to homes with less...

Tuesday Feb 25th, 2025 Share

If Your House’s Price Is Not Compelling, It’s Not Selling

There’s one big mistake you need to avoid when you sell your house this year: setting your price too high. It might seem like overpricing gives you room to negotiate or could really boost your profit, but the reality is, it usually backfires. In fact, Realtor.com says almost 20% of sellers — that’s one in five — have to reduce their price to get their house sold. And you don’t want to be one of them. Here’s why starting too high can lead to trouble,...

Thursday Feb 20th, 2025 Share

Why More People Are Buying Multi-Generational Homes Today

Today, 17% of homebuyers are choosing multi-generational homes — that’s when you buy a house with your parents, adult children, or even distant relatives. What makes that noteworthy is that 17% is actually the highest level ever recorded by the National Association of Realtors (NAR). But what’s driving the recent rise in multi-generational living? Top Benefits of Choosing a Multi-Generational Home In the past, homebuyers often opted for multi-generational homes...

Tuesday Feb 18th, 2025 Share

When Is the Perfect Time To Move?

  It’s easy to get caught up in the idea of waiting for the perfect moment to make your move – especially in today’s market. Maybe you’re holding out and hoping mortgage rates will drop, or that home prices will fall. But here’s what you need to realize: trying to time the market rarely works. And here’s why. There is no perfect market. No matter when you buy, there’s always some benefit and some sort of trade-off – and...

Thursday Feb 13th, 2025 Share

Roughly 11,000 Homes Will Sell Today – Will Yours Be One of Them?

Are you hesitant to sell your house because you’re worried no one’s buying with rates and prices where they are right now? Here’s some perspective that can help. The market actually isn’t at a standstill. While there weren’t as many sales last year as there’d be in a normal market, roughly 4.15 million homes still sold (not including new construction), according to the National Association of Realtors (NAR). And the expectation is that number will rise...

Tuesday Feb 11th, 2025 Share

The Truth About Credit Scores and Buying a Home

  Your credit score plays a big role in the home buying process. It’s one of the key factors lenders look at to determine which loan options you qualify for and what your terms might be. But there’s a myth about credit scores that may be holding some buyers back. The Myth: You Need To Have Perfect Credit According to Fannie Mae, only 32% of potential homebuyers have a good idea of what credit score lenders actually require. That means two-thirds of buyers...

Tuesday Feb 4th, 2025 Share

One Homebuying Step You Don’t Want To Skip: Pre-Approval

There’s one essential step in the homebuying process you may not know a whole lot about and that’s pre-approval. Here’s a rundown of what it is and why it’s so important right now.   What Is Pre-Approval? Pre-approval is like getting a green light from a lender. It lets you know how much they’re willing to let you borrow for a home. To determine that number, a lender looks at your financial history. According to Realtor.com, these are some of the...

Tuesday Jan 28th, 2025 Share

Why Owning a Home Is Worth It in the Long Run

Today’s mortgage rates and home prices may have you second-guessing whether it's still a good idea to buy a home right now. While market factors are definitely important, there’s also a bigger picture to consider: the long-term benefits of homeownership. Think of it this way. If you know people who bought a home 5, 10, or even 30 years ago, you’re probably going to have a hard time finding someone who regrets their decision. That’s because over time, home...

Thursday Jan 23rd, 2025 Share

Sell Your House During the Winter Sweet Spot

  A lot of people assume spring is the ideal time to sell a house. And sure, buyer demand usually picks up at that time of year. But here’s the catch: so does your competition because a lot of people put their homes on the market at the same time. So, what’s the real advantage of selling your house before spring? It’ll stand out. Historically, the number of homes for sale tends to drop during the cooler months – and that means buyers have fewer options...

Tuesday Jan 21st, 2025 Share

When Will Mortgage Rates Come Down?

  One of the biggest questions on everyone’s minds right now is: when will mortgage rates come down? After several years of rising rates and a lot of bouncing around in 2024, we’re all eager for some relief. While no one can project where rates will go with complete accuracy or the exact timing, experts offer some insight into what we might see going into next year. Here’s what the latest forecasts show. Mortgage Rates Are Expected To Ease and Stabilize in...

Thursday Jan 16th, 2025 Share

Is Your House Priced Too High?

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible. And chances are, you’re no different. But did you know one of the biggest things that could jeopardize your success is the asking price for your home? Pricing your house correctly is one of the most crucial steps in the selling process. So, how do you know if you’re missing the mark? Here are four signs your high asking price might be turning potential...

Tuesday Jan 14th, 2025 Share

Mortgage Rates Drop to Lowest Level in over a Year and a Half

  Mortgage rates have hit their lowest point in over a year and a half. And that’s big news if you’ve been sitting on the homebuying sidelines waiting for this moment. Even a small decline in rates could help you get a better monthly payment than you would expect on your next home. And the drop that’s happened recently isn’t small. As Sam Khater, Chief Economist at Freddie Mac, says: “Mortgage rates have fallen more than half a percent . . . and...

Thursday Jan 9th, 2025 Share

The Best Time To Buy a Home This Year

A shift is underway in the housing market this season. And if you’ve been sitting on the sidelines waiting for the right moment to jump back into your homebuying search, this is a great time to do it. That’s because the best week to buy a home this year is just around the corner. Your sweet spot is here.    The experts at Realtor.com study seasonal trends to figure out the ideal week for homebuyers: “Nationally, the best time to buy in 2024 is the week...

Tuesday Jan 7th, 2025 Share

What To Know About Closing Costs

Now that you’ve decided to buy a home and are ready to make it happen, it’s a good idea to plan ahead for the costs that are a typical part of the homebuying process. And while your down payment is probably the number one expense on your mind, don't forget about closing costs. Here’s what you need to know.   What Are Closing Costs? Simply put, your closing costs are the additional fees and payments you have to make at closing. And while they’ll vary...

Thursday Nov 28th, 2024 Share

What To Expect from Mortgage Rates and Home Prices in 2025

Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you're thinking of buying or selling, here’s a look at what the experts are saying and how it might impact your move. Mortgage Rates Are Forecast To Come Down One of the biggest factors likely affecting your plans is mortgage...

Tuesday Nov 26th, 2024 Share

Why Did More People Decide To Sell Their Homes Recently?

Homeowners typically slow down their moving plans as the summer months wrap up, and as a result, fewer homes are listed for sale in the fall. It’s a predictable, seasonal trend in real estate. But this year, mortgage rates came down at the same time the number of homes on the market usually starts to decline. So, what happened? More homeowners decided to sell, so more homes came to the market. The most recent data from Realtor.com reveals that in September, the number of homes put...

Thursday Nov 21st, 2024 Share

The Benefits of Using Your Equity To Make a Bigger Down Payment

Did you know? Homeowners are often able to put more money down when they buy their next home. That’s because, once they sell, they can use the equity they have in their current house toward their next down payment. And it’s why as home equity reaches a new height, the median down payment has too. According to the latest data from Redfin, the typical down payment for U.S. homebuyers is $67,500—that’s nearly 15% more than last year, and the highest on record (see...

Tuesday Nov 19th, 2024 Share

Why an Agent Is Essential When Buying a Newly Built Home

For some buyers, there’s a misconception that newly built homes aren’t made to last or fall short of the quality you can find in older homes. Unfortunately, this is turning some buyers away from what may be one of their best options in today’s housing market. As Builder Online says: “As resale inventory remains limited and the price spread between new and resale homes narrows, new homes are increasingly an attractive value proposition for buyers, with incentives...

Thursday Nov 14th, 2024 Share

Why a Condo Could Be Your Perfect First Home

If you’re looking to break into homeownership but the price of single-family homes has you second-guessing, you might want to consider a condominium (condo) or town-home. These types of homes often come with a lower barrier to entry – and that can help you start to build equity and enjoy the benefits of owning a home sooner. Since they're usually smaller than single-family homes, they can be easier on your wallet. While it’s not always the case, smaller square...

Thursday Oct 31st, 2024 Share

Why Buying Now May Be Worth It in the Long Run

  Should you buy a home now or should you wait? That’s a question a lot of people have these days. And while what’s right for you is going to depend on a lot of different factors, here’s something you’ll want to consider as you make your decision. As soon as you buy, you’ll start gaining equity. And you’d be surprised how quickly that can add up – even with more moderate home price appreciation. Each quarter, Fannie Mae releases the...

Thursday Oct 24th, 2024 Share

The Down Payment Assistance You Didn’t Know About

  Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below):  Here’s what you need to know to make the most of your down payment in today’s housing market. Amplify Your Down Payment Potential For first-time buyers, the name of the game with down payments is making sure...

Tuesday Oct 22nd, 2024 Share

Falling Mortgage Rates Are Bringing Buyers Back

  All in all, the market is becoming more accessible to a wider range of buyers, which could result in even more people looking to purchase a house like yours. With more buyers entering the market, now’s the time to start getting your house ready to sell. If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent. After months of high rates keeping buyers on the...

Thursday Oct 17th, 2024 Share

The Latest Builder Trend: Smaller, Less Expensive Homes

Even though affordability is improving, buying a home can still feel tough right now. But here’s some good news: builders are focusing their efforts on building smaller homes, and they’re offering key incentives to buyers. And both of these things can be a big help if you're worried about finding a home that’s right for your budget.  Builders Are Building Smaller Homes  During the pandemic, homebuyers were looking for larger homes—and many could...

Tuesday Oct 15th, 2024 Share

How an Agent Helps Market Your House

  You’re ready to sell your house. But what do you need most from your real estate agent? Well, the National Association of Realtors (NAR) asked that very question to recent sellers and found one of the top things they were looking for is help marketing their house to potential buyers. Maybe that’s what you need the most help with too. You expect your real estate agent to write a great description of your house for the listing and pair it with some high-quality...

Tuesday Oct 1st, 2024 Share

The Biggest Mistakes Buyers Are Making Today

  Buyers face challenges in any market – and today’s is no different. With higher mortgage rates and rising prices, plus the limited supply of homes for sale, there’s a lot to consider. But, there's one way to avoid getting tripped up – and that’s leaning on a real estate agent for the best possible advice. An expert’s insights will help you avoid some of the most common mistakes homebuyers are making right now. Putting Off Pre-approval As part of the homebuying...

Friday Sep 27th, 2024 Share

How Do Climate Risks Affect Your Next Home?

Climate change is impacting where people buy homes. As the experts at the National Association of Realtors (NAR) explain: “Sixty-three percent of people who have moved since the pandemic began say they believe climate change is—or will be—an issue in the place they currently live.” If you’re planning to move, climate change is something you might want to consider, no matter where you are. A recent study from Realtor.com helps put the growing impact climate change is having...

Thursday Sep 19th, 2024 Share

How VA Loans Can Help You Buy a Home

  For over 80 years, Veterans Affairs (VA) home loans have helped millions of veterans buy their own homes. If you or someone you know has served in the military, it's important to learn about this program and its benefits. Here are some key things to know about VA loans before buying a home. Top Benefits of VA Home Loans VA home loans make it easier for veterans to buy a home, and they're a great perk for those who qualify. According to the Department of Veteran Affairs, some...

Thursday Sep 12th, 2024 Share

Questions You May Have About Selling Your House

  There’s no denying mortgage rates are having a big impact on today’s housing market. And that may leave you with some questions about whether it still makes sense to sell your house and make a move. Here are three of the top questions you may be asking – and the data that helps answer them. 1. Should I Wait To Sell? If you’re thinking about waiting to sell until after mortgage rates come down, here’s what you need to know. So are a ton of other people. And while...

Tuesday Sep 10th, 2024 Share

How Many Homes Are Investors Actually Buying?

Are big investors really buying up all the homes today? If you’re trying to find a house to buy, this may be something you’re wondering about. Maybe you’ve read about it or seen reels on social media saying investors buying all the homes is making it even harder to find what the average buyer is looking for. But spoiler alert – there’s a lot of misinformation out there. To clear things up, here's the scoop on what's really happening. A lot of the big...

Thursday Sep 5th, 2024 Share

Worried About Home Maintenance Costs? Consider This

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes (a home that’s been lived in by a previous owner). Newly Built Homes Need Less Upfront Maintenance If you can afford it, you may find a newly built home could help ease your worries about maintenance costs. Think about it, if everything in the house is brand new, it...

Wednesday Sep 4th, 2024 Share

Tips for Younger Homebuyers: How To Make Your Dream a Reality

  If you’re a member of a younger generation, like Gen Z, you may be asking the question: will I ever be able to buy a home? And chances are, you’re worried that’s not going to be in the cards with inflation, rising home prices, mortgage rates, and more seemingly stacked against you.   While there’s no arguing this housing market is challenging for first-time homebuyers, it is still achievable, especially if you have professionals on your...

Thursday Aug 29th, 2024 Share

Why a Condo May Be a Great Option for Your First Home

    Having a hard time finding a first home that's right for you and your wallet? Well, here's a tip – think about condominiums, or condos for short.   They're usually smaller than single-family homes, but that's exactly why they can be easier on your budget. According to the latest data from the National Association of Realtors (NAR), condos are typically less expensive than single-family homes (see graph below):     So, if you're comfortable with a smaller...

Tuesday Aug 27th, 2024 Share

Thinking of Selling? You Want an Agent with These Skills

  Selling your house is a big decision. Your home is one of the biggest investments you’ve probably ever made, and it’s a place where you’ve created countless memories. That combo means there’s going to be a lot of emotions involved. You want someone who understands your perspective, knows what it feels like, and is an expert at helping homeowners just like you navigate the process of selling a home.   That’s where a good listing agent, also known as a seller's agent,...

Thursday Aug 22nd, 2024 Share

Home Prices Are Climbing in These Top Cities

Thinking about buying a home or selling your current one to find a better fit? If so, you might be wondering what's going on with home prices these days. Here's the scoop.   The latest national data from Case-Shiller and the Federal Housing Finance Agency (FHFA) shows they’re going up (see graphs below):     As you can see, home prices were rising for most of 2023. But over the course of December and January, they were virtually flat – which is pretty normal for...

Wednesday Aug 21st, 2024 Share

How Buying or Selling a Home Benefits Your Community

  If you're thinking of buying or selling a house, it's important to know it doesn't just impact you—it helps out the local economy and your community, too.   Every year, the National Association of Realtors (NAR) puts out a report that breaks down the financial impact that comes from people buying and selling homes (see visual below):     When a house is sold, it really boosts the local economy. That’s because of all the people needed to build, fix up, and...

Thursday Aug 15th, 2024 Share

The Top 2 Reasons To Consider a Newly Built Home

When you’re planning a move, it’s normal to wonder where you’ll end up and what your future home is going to look like. Maybe you’ve got a specific picture of that house in your mind. But unless you came into this process knowing you want to buy a newly built home, you may not have pictured new home construction.   A trusted real estate agent can help walk you through these two reasons you may want to reconsider that.   1. Adding Newly Built Homes Could Give You More...

Tuesday Aug 13th, 2024 Share

What's Motivating Your Move?

  Thinking about selling your house? As you make your decision, consider what's pushing you to think about moving. A recent survey from Realtor.com looked into why people want to sell their homes this year. Here are the top two reasons (see graphic below):     Let's take a closer look and see if they’re motivating you to make a change too.   1. To Make a Profit If you’re thinking about selling your house, you probably have a lot of questions on your mind....

Friday Aug 9th, 2024 Share

What Is Going on with Mortgage Rates?

You may have heard mortgage rates are going to stay a bit higher for longer than originally expected. And if you’re wondering why, the answer lies in the latest economic data. Here’s a quick overview of what’s happening with mortgage rates and what experts say is ahead.   Economic Factors That Impact Mortgage Rates When it comes to mortgage rates, things like the job market, the pace of inflation, consumer spending, geopolitical uncertainty, and more all have...

Thursday Aug 1st, 2024 Share

The Perks of Buying over Renting

  Thinking about buying a home? While today’s mortgage rates might seem a bit intimidating, here are two solid reasons why, if you’re ready and able, it could still be a smart move to get your own place.   1. Home Values Typically Go Up Over Time There’s been some confusion over the past year or so about which way home prices are headed. Make no mistake, nationally they’re still going up. In fact, over the long-term, home prices almost always go...

Tuesday Jul 30th, 2024 Share

What More Listings Mean When You Sell Your House

The number of homes for sale is playing a big role in today’s housing market. And, if you’re considering whether or not to list your house, today’s limited supply is one of the biggest advantages you have right now. That’s because your house stands out more when the inventory is low, especially if it’s priced right.   But the supply of homes for sale is growing. According to the latest data from Realtor.com, new listings (homeowners who just put...

Thursday Jul 25th, 2024 Share

Now’s a Great Time To Sell Your House

Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.   Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell is on the rise (see graph below):     Why Are Sellers Feeling so Optimistic? One reason why is because...

Tuesday Jul 23rd, 2024 Share

The Top 5 Reasons You Need a Real Estate Agent when Buying a Home

    You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – expert advice from a trusted real estate agent is priceless, now more than ever. And here’s why.   A real estate agent does a lot more than you may realize.   Your agent is the person who...

Thursday Jul 18th, 2024 Share

Foreclosure Numbers Are Nothing Like the 2008 Crash

    If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up. And that may leave you feeling a bit worried about what’s ahead, especially if you owned a home during the housing crash in 2008.   The reality is, while increasing, the data shows a foreclosure crisis is not where the market is headed.   Here’s the latest...

Tuesday Jul 16th, 2024 Share

The Best Way To Keep Track of Mortgage Rate Trends

    If you’re thinking about buying a home, chances are you’ve got mortgage rates on your mind. You’ve heard about how they impact how much you can afford in your monthly mortgage payment, and you want to make sure you’re factoring that in as you plan your move.   The problem is, with all the headlines in the news about rates lately, it can be a bit overwhelming to sort through. Here’s a quick rundown of what you really need to...

Thursday Jul 11th, 2024 Share

What You Really Need To Know About Home Prices

    According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know.   A lot of that fear is probably coming from what you’re hearing in the media or reading online. But here’s the thing to remember. Negative news sells. That means, you may not be getting the full picture. You may only be getting the clickbait...

Tuesday Jul 9th, 2024 Share

Should I Wait for Mortgage Rates To Come Down Before I Move?

    If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you.   In the housing market, there’s a longstanding relationship between mortgage rates and buyer demand. Typically, the higher rates are, you’ll see lower buyer demand. That’s because some people who want to move...

Thursday Jul 4th, 2024 Share

Ways To Use Your Tax Refund If You Want To Buy a Home

  Have you been saving up to buy a home this year? If so, you know there are a number of expenses involved – from your down payment to closing costs. But did you also know your tax refund can help you pay for some of these expenses? As Credit Karma explains:   “If one of your goals is to stop renting and buy a home, you’ll need to save up for closing costs and a down payment on the mortgage. A tax refund can give you a start on the road to...

Tuesday Jul 2nd, 2024 Share

Builders Are Building Smaller Homes

    There’s no arguing it, affordability is still tight. And if you’re trying to buy a home, that may mean you need to look at smaller houses to find one that’s still in your budget. But there is a silver lining: builders are focused on building these smaller homes right now and they’re offering incentives. And that can help give you more options that fit the bill.   Newly Built Homes Are Trending Smaller During the pandemic,...

Thursday Jun 27th, 2024 Share

Don’t Let Your Student Loans Delay Your Homeownership Plans

  If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do you have to wait until you’ve paid off those loans before you can buy your first home? Or is it possible you could still qualify for a home loan even with that debt? Here’s a look at the latest information so you have the answers you need. A Bank-rate article explains: “Roughly 60 percent of U.S. adults who have held student loan debt have put off making...

Tuesday Jun 25th, 2024 Share

Your Home Is a Powerful Investment

  Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting home prices would drop by as much as 10-20%—and that might have made you feel a bit unsure about buying a home. But here’s what actually happened: home prices went up more than usual. Brian D. Luke, Head of Commodities at S&P Dow Jones Indices, explains: “Looking back at the year, 2023 appears to have exceeded average...

Thursday Jun 20th, 2024 Share

Expert Home Price Forecasts for 2024 Revised Up

    Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall.   So, let’s see exactly how experts’ thinking has shifted – and what’s caused the change.   2024 Home Price Forecasts: Then and Now The chart below shows what seven expert organizations think will happen to home prices in 2024. It compares their first 2024 home price...

Tuesday Jun 18th, 2024 Share

What Every Homebuyer Should Know About Closing Costs

  Before making the decision to buy a home, it's important to plan for all the costs you’ll be responsible for. While you're busy saving for the down payment, don't forget you’ll want to prep for closing costs too. Here’s some helpful information on what those costs are and how much you should budget for them. What Are Closing Costs? A recent article from Bankrate explains: “Closing costs are the fees and expenses you must pay before becoming the legal owner of a...

Wednesday Jun 12th, 2024 Share

Should I Move with Today’s Mortgage Rates?

  When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did too because you didn’t want to sell and take on a higher mortgage rate for your next home. But is that still the right strategy for you? In today’s market, data shows more homeowners are getting used to where rates are and thinking it may be time to move. As Mark Zandi, Chief Economist at Moody’s Analytics, explains: “Listings are up a bit as life...

Thursday Jun 6th, 2024 Share

The Best Week To List Your House Is Almost Here

  Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14-20: “Every year, one week stands out from the rest as that perfect...

Tuesday Jun 4th, 2024 Share

What Are Experts Saying About the Spring Housing Market?

  If you’re planning to move soon, you might be wondering if there'll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here's what the professionals are saying about what’s in store for this season. Odeta Kushi, Deputy Chief Economist, First American: “. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems...

Thursday May 30th, 2024 Share

Don’t Wait Until Spring To Sell Your House

    As you think about the year ahead, one of your big goals may be moving. But, how do you know when to make your move? While spring is usually the peak homebuying season, you don’t actually need to wait until spring to sell. Here's why.   1. Take Advantage of Lower Mortgage Rates Last October, the 30-year fixed mortgage rates peaked at 7.79%. In January, they hit their lowest level since May. That means you may not feel as locked-in to your current mortgage rate right...

Tuesday May 28th, 2024 Share

Why Pre-Approval Is Even More Important This Year

    On the road to becoming a homeowner? If so, you may have heard the term pre-approval get tossed around. Let’s break down what it is and why it’s important if you’re looking to buy a home in 2024.   What Pre-Approval Is As part of the homebuying process, your lender will look at your finances to figure out what they’re willing to loan you. According to Investopedia, this includes things like your W-2, tax returns, credit score, bank statements, and...

Thursday May 23rd, 2024 Share

What’s Really Happening with Mortgage Rates?

    Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true.   The simplest answer is: that what you read or hear will vary based on the time frame they’re looking at. Here’s some information that can help...

Tuesday May 21st, 2024 Share

Home Equity Can Be a Game Changer When You Sell

    Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bank rate explains:   “Home equity is the difference between your home's value and the amount you still owe on your mortgage. It represents the paid-off portion of your home. You'll start off with a...

Thursday May 16th, 2024 Share

Is It Better To Rent Than Buy a Home Right Now?

    You may have seen reports in the news recently saying it’s more affordable to rent right now than it is to buy a home. And while that may be true in some markets if you just look at typical monthly payments, there’s one thing that the numbers aren’t factoring in: and that’s home equity. Here’s a look at how big of an impact equity can have and why it’s worth considering as you make your decision. What the Headlines Are Based...

Monday May 13th, 2024 Share

Is It Getting More Affordable To Buy a Home?

  Over the past year or so, a lot of people have been talking about how tough it is to buy a home. And while there’s no arguing affordability is still tight, there are signs it’s starting to get a bit better and may improve even more throughout the year. Elijah de la Campa, Senior Economist at Redfin, says: “We’re slowly climbing our way out of an affordability hole, but we have a long way to go. Rates have come down from their peak and are expected to...

Tuesday Apr 30th, 2024 Share

Why Today’s Seller’s Market Is Good for Your Bottom Line

  Thinking about selling your house and wondering if now’s a good time to do it? Here’s what you need to know. Even though the number of homes for sale has been growing this year, there still aren’t enough homes on the market for all the buyers who want to buy. So, what does that mean for you? To keep it simple, it means it’s still a seller’s market. Here’s how it works: A neutral market is when supply and demand is balanced. Basically, there are enough homes to...

Friday Apr 26th, 2024 Share

Does It Make Sense To Buy a Home Right Now?

  Thinking about buying a home? If so, you're probably wondering: should I buy now or wait? Nobody can make that decision for you, but here's some information that can help you decide. What’s Next for Home Prices? Each quarter, Fannie Mae and Pulsenomics publish the results of the Home Price Expectations Survey (HPES). It asks more than 100 experts—economists, real estate professionals, and investment and market strategists—what they think will...

Tuesday Apr 16th, 2024 Share

Homeowners Today Have Options To Avoid Foreclosure

  Even with the latest data coming in, the experts agree there’s no chance of a large-scale foreclosure crisis like the one we saw back in 2008. While headlines may be calling attention to a slight uptick in foreclosure filings recently, the bigger picture is that we’re still well below the number we’d see in a more normal year for the housing market. As a report from BlackKnight explains: “The prospect of any kind of near-term surge in foreclosure activity remains low,...

Tuesday Apr 9th, 2024 Share

Single Women Are Embracing Homeownership

  In today's housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men. If you're a single woman trying to buy your first home, this should be encouraging. It means other people are making their dreams a reality – so you can too. Why Homeownership Matters to So Many Women For many single women, buying a home isn't just about...

Thursday Apr 4th, 2024 Share

What’s the Latest with Mortgage Rates?

  Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going to be cuts this year that would bring rates down. That refers to the Federal Reserve (the Fed) and what they do to their Fed Funds Rate. While cutting, or lowering, the Fed Funds Rate doesn’t directly determine mortgage rates, it does tend to impact them. But when the Fed met last week, a cut didn’t happen — at least, not yet.  There are a lot of...

Tuesday Apr 2nd, 2024 Share

Is It Easier To Find a Home To Buy Now?

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But that’s starting to change. The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023): Does That Mean Finding a Home Is Easier? The answer is yes, and no. As an article from Realtor.com says: “There were nearly 15% more homes for sale...

Thursday Mar 28th, 2024 Share

Bridging the Gaps on the Road to Homeownership

  Homeownership is a major part of the American Dream. But, the path to achieving this dream can be quite difficult. While progress has been made to improve fair housing access, households of color still face unique challenges on the road to owning a home. Working with the right real estate experts can make all the difference for diverse buyers. It's clear that achieving homeownership is more challenging for certain groups because there’s still a measurable gap...

Monday Mar 25th, 2024 Share

Retiring Soon? Why Moving Might Be the Perfect Next Step

  If you’re thinking about retirement or have already retired this year, it’s a good time to consider if your current house is still a good fit for the next chapter in your life. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about as you decide whether or not to sell and make a move. How Long You’ve Been in Your Home From 1985 to 2008, the average length of time homeowners typically stayed in their homes was...

Monday Mar 18th, 2024 Share

Don’t Let the Latest Home Price Headlines Confuse You

  Based on what you’re hearing in the news about home prices, you may be worried they’re falling. But here’s the thing. The headlines aren’t giving you the full picture. If you look at the national data for 2023, home prices actually showed positive growth for the year. While this varies by market, and while there were some months with slight declines nationally, those were the exception, not the rule. The overarching story is that prices went up last year, not down....

Friday Mar 15th, 2024 Share

It’s Time To Prepare Your House for a Spring Listing

  If you're thinking of selling your house this spring, now is the perfect time to start getting it ready. With the market gearing up for its busiest time of year, it'll be important to make sure your house shines bright among the competition. Here are some valuable tips you can use to get your house market-ready. Declutter and Organize First impressions matter, and if your house is a mess, that can easily turn off potential buyers. Before listing, take the time to declutter...

Wednesday Mar 13th, 2024 Share

Strategic Tips for Buying Your First Home

  Buying your first home is a big, exciting step and a major milestone that has the power to improve your life. As a first-time homebuyer, it's a dream you can make come true, but there are some hurdles you'll need to overcome in today’s housing market – specifically the limited supply of homes for sale and ongoing affordability challenges. So, if you're ready, willing, and able to buy your first home, here are three tips to help you turn your dream into a reality. Save...

Tuesday Mar 12th, 2024 Share

Some Experts Say Mortgage Rates May Fall Below 6% Later This Year

  There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell a home, this is a big deal. While they’re going to continue to bounce around a bit based on various economic drivers (like inflation and reactions to the consumer price index, or CPI), don’t let...

Friday Mar 1st, 2024 Share

These Non-Financial Benefits Turn a House into a Happy Home

  There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of homeownership are important, the non-financial and emotional reasons are too. Here’s why. The word home truly means something different to everyone. Whether it’s sharing memories with loved ones around the kitchen table or settling in to read a book in your favorite chair, the emotional...

Friday Feb 23rd, 2024 Share

Get Ready To Buy a Home by Improving Your Credit Score

  As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score. Lenders review your credit to assess your ability to make payments on time, pay back debts, and more. It’s also a factor that helps determine your mortgage rate. An article from CNBC explains: “When it comes to mortgages, a higher...

Tuesday Feb 20th, 2024 Share

Ways Your Home Equity Can Help You Reach Your Goals

  If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth and how much you owe on your mortgage.” That means your equity grows as you pay down your home loan over time and as home values climb. While it’s true home prices...

Tuesday Feb 13th, 2024 Share

Thinking About Buying a Home? Ask Yourself These Questions

  If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones, the list goes on and on. Most likely, home prices and mortgage rates are coming up a lot. Here are the top two questions you need to ask yourself as you make your decision, including the data that...

Friday Feb 9th, 2024 Share

Things To Consider If Your House Didn’t Sell

  If your listing has expired and your house didn’t sell, it's completely normal to feel a mix of frustration and disappointment. Understandably, you're probably wondering what may have gone wrong. Here are three questions to think about as you figure out what to do next. Did You Limit Access to Your House? One of the biggest mistakes you can make when selling your house is restricting the days and times when potential buyers can tour it. Being flexible with your schedule is...

Wednesday Feb 7th, 2024 Share

Why Pre-Approval Is Your Homebuying Game Changer

  If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why. While home price growth is moderating and mortgage rates have been coming down in recent weeks, affordability is still tight.  At the same time, there’s...

Sunday Feb 4th, 2024 Share

What Lower Mortgage Rates Mean for Your Purchasing Power

  If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph below):   This recent trend is great news for buyers. As a recent article from Bankrate says: “The rate cool-off somewhat eases the housing affordability...

Sunday Feb 4th, 2024 Share

Ways Your Home Equity Can Help You Reach Your Goals

  If you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about – and that’s home equity. If you’re not familiar with that term, Freddie Mac defines it like this: “. . . your home’s equity is the difference between how much your home is worth and how much you owe on your mortgage.” That means your equity grows as you pay down your home loan over time and as home...

Tuesday Jan 30th, 2024 Share

Avoid These Common Mistakes After Applying for a Mortgage

  If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before you close. Here’s a list of things to remember when you apply for your home loan. Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit...

Tuesday Jan 23rd, 2024 Share

The Dramatic Impact of Homeownership on Net Worth

  If you're trying to decide whether to rent or buy a home this year, here's a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances (SCF), which compares net worth for homeowners and renters. The latest report shows the average homeowner’s net worth is almost 40X greater than a renter’s (see graph below): One reason a wealth gap exists between...

Monday Jan 22nd, 2024 Share

What You Need To Know About Saving for a Home in 2024

    If you’re planning to buy a home, knowing what to budget for and how to save may sound intimidating – but it doesn’t have to be. One way to ease those concerns is to make sure you understand some of the costs you may encounter up front. And to do that, always turn to trusted real estate professionals. They can help you set a plan and take a strategic look at your budget and your process before you even get started. Here are just a few things...

Monday Jan 22nd, 2024 Share

3 Keys To Hitting Your Homeownership Goals in 2024

    If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus. Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy...

Sunday Jan 14th, 2024 Share

Retiring Soon? Why Moving Might Be the Perfect Next Step

    If you’re thinking about retirement or have already retired this year, it’s a good time to consider if your current house is still a good fit for the next chapter in your life. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to think about as you decide whether or not to sell and make a move. How Long You’ve Been in Your Home From 1985 to 2008, the average length of time homeowners typically...

Tuesday Oct 31st, 2023 Share

Are More Homes Coming onto the Market?

An important factor shaping today’s market is the number of homes for sale. And, if you’re considering whether or not to list your house, that’s one of the biggest advantages you have right now. When housing inventory is this low, your house will stand out, especially if it’s priced right. But there are some early signs that more listings are coming. According to the latest data, new listings (homeowners who just put their house up for sale) are trending up....

Thursday Oct 26th, 2023 Share

Your Home Equity Can Offset Affordability Challenges

Are you thinking about selling your house? If so, today’s mortgage rates may be making you wonder if that’s the right decision. Some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If you’re worried about this too, know that even though rates are high right now, so is home equity. Here’s what you need to know. Bankrate explains exactly what equity is and how it grows: “Home equity is the portion of your home that...

Tuesday Oct 24th, 2023 Share

Remote Work Is Changing How Some Buyers Search for Their Dream Homes

The way Americans work has changed in recent years, and remote work is at the forefront of this shift. Experts say it’ll continue to be popular for years to come and project that 36.2 million Americans will be working remotely by 2025. To give you some perspective, that's a 417% increase compared to the pre-pandemic years when there were just 7 million remote workers. If you’re in the market to buy a home and you work remotely either full or part-time, this trend is a...

Thursday Oct 19th, 2023 Share

The Many Non-Financial Benefits of Homeownership

  Buying and owning your own home can have a big impact on your life. While there are financial reasons to become a homeowner, it's essential to think about the non-financial benefits that make a home more than just a place to live. Here are some of the top non-financial reasons to buy a home. According to Fannie Mae, 94% of survey respondents say “Having Control Over What You Do with Your Living Space” is a top reason to own. Your home is truly your own...

Tuesday Oct 17th, 2023 Share

Beginning with Pre-Approval

If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate these waters. The first thing you’ll want to do is get pre-approved for a mortgage. That way you’ll know your...

Thursday Oct 12th, 2023 Share

The Return of Normal Seasonality for Home Price Appreciation

If you’re thinking of making a move, one of the biggest questions you have right now is probably: what’s happening with home prices? Despite what you may be hearing in the news, nationally, home prices aren’t falling. It’s just that price growth is beginning to normalize. Here’s the context you need to really understand that trend. In the housing market, there are predictable ebbs and flows that happen each year. It’s called seasonality. Spring is the...

Tuesday Oct 10th, 2023 Share

Why Today’s Housing Inventory Shows a Crash Isn’t on the Horizon

  You might remember the housing crash in 2008, even if you didn't own a home at the time. If you’re worried there’s going to be a repeat of what happened back then, there's good news – the housing market now is different from 2008. One important reason is there aren't enough homes for sale. That means there’s an undersupply, not an oversupply like the last time. For the market to crash, there would have to be too many houses for sale, but the...

Thursday Oct 5th, 2023 Share

Why Is Housing Inventory So Low?

One question that’s top of mind if you’re thinking about making a move today is: Why is it so hard to find a house to buy? And while it may be tempting to wait it out until you have more options, that’s probably not the best strategy. Here’s why. There aren’t enough homes available for sale, but that shortage isn’t just a today problem. It’s been a challenge for years. Let’s take a look at some of the long-term and short-term factors that...

Tuesday Oct 3rd, 2023 Share

Should Baby Boomers Buy or Rent After Selling Their Houses?

  Are you a baby boomer who’s lived in your current house for a long time and you’re ready for a change? If you’re thinking about selling your house, you have a lot to consider. Will you move to a different state or stay nearby? Is it time to downsize or do you want more space to accommodate your loved ones? But maybe the biggest consideration boils down to this – will you buy your next home or choose to rent instead? That decision ultimately depends on...

Friday Sep 29th, 2023 Share

Why You Need a True Expert in Today’s Housing Market

      The housing market continues to shift and change, and in a fast-moving landscape like we’re in right now, it’s more important than ever to have a trusted real estate agent on your side. Whether you’re buying your first home or selling once again, it’s mission critical to work with an expert who can guide you through each unique step of the process.  The reality is, not all agents operate the same way. To truly make a powerful...

Tuesday Sep 26th, 2023 Share

The Three Factors Affecting Home Affordability Today

    There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages. Considering how each one of these factors is changing gives you the full...

Friday Sep 22nd, 2023 Share

More Jobs and Better Pay Leads to More Buyer Demand

      There’s been talk about a recession for quite a while now. But the economy has been remarkably resilient. Why? One reason is employment and wages have stayed strong. Let’s look at the latest information on each one and why both are good news if you’re thinking about selling your house. More Jobs Are Being Created Instead of facing the job losses typical of any recession, the economy has been growing and adding jobs. According to the...

Tuesday Sep 19th, 2023 Share

Why Buying a Home Makes More Sense Than Renting Today

    Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988.  And, data from the latest rental report from Realtor.com shows rents continue to grow today, even though it’s at a slower pace than we saw at the...

Monday Sep 18th, 2023 Share

Gen Z: The Next Generation Is Making Moves in the Housing Market

    Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents' roofs to owning their own homes. If you’re a member of this generation, and you’re interested in pursuing...

Friday Sep 15th, 2023 Share

Mortgage Rates: Past, Present, and Possible Future

    If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into...

Wednesday Sep 13th, 2023 Share

How Inflation Affects the Housing Market

  Have you ever wondered how inflation impacts the housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the connection between the two. The Relationship Between Housing Inflation and Overall Inflation Shelter inflation is the measure of price growth specific to housing. It comes from a survey of renters and homeowners that’s done by the Bureau of Labor Statistics (BLS). The...

Tuesday Sep 12th, 2023 Share

Your Needs Matter More Than Today’s Mortgage Rates

    If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first place. It’s true mortgage rates have climbed from the record lows we saw in recent years, and that has an impact on affordability. With rates...

Tuesday Sep 5th, 2023 Share

How Inflation Affects Mortgage Rates

    When you read about the housing market in the news, you might see something about a recent decision made by the Federal Reserve (the Fed). But how does this decision affect you and your plans to buy a home? Here's what you need to know. The Fed is trying hard to reduce inflation. And even though there’s been 12 straight months where inflation has cooled (see graph below), the most recent data shows it’s still higher than the Fed’s target of...

Friday Sep 1st, 2023 Share

Equity Is a Game Changer for Homeowners Looking To Sell

      If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be exactly what you need to help you feel more comfortable making your move. What Equity Is and How It Works Equity is the current value of your home minus what you owe on the loan. And...

Thursday Aug 24th, 2023 Share

This Real Estate Market Is the Strongest of Our Lifetime

      When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point.  1. The Current Mortgage Rate on Existing Mortgages First, let’s look at the current rate on existing mortgages. According to the Federal...

Tuesday Aug 22nd, 2023 Share

Tips for Making Your Best Offer on a Home

    While the wild ride that was the ‘unicorn’ years of housing is behind us, today’s market is still competitive in many areas because the supply of homes for sale is still low. If you’re looking to buy a home this season, know that the peak frenzy of bidding wars is in the rearview mirror, but you may still come up against some multiple-offer scenarios. Here are a few things to consider to help you put your best foot forward when making an...

Tuesday Aug 22nd, 2023 Share

How Remote Work Expands Your Homebuying Horizons

      Even as some companies transition back into the office, remote work remains a popular choice for many professionals. So, if you currently enjoy working from home or hope to be able to soon, you’re not alone. According to a recent survey, most working professionals want to work either fully remote or hybrid (see below): This trend is good news if you’re looking to buy a home because a remote or hybrid work setup can help you overcome some of...

Thursday Aug 17th, 2023 Share

Are Home Prices Going Up or Down? That Depends…

            Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). Here's an explanation of each.  Year-over-Year (Y-O-Y): This...

Tuesday Aug 15th, 2023 Share

Renting or Selling Your House: What's the Best Move?

      If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years. While a short-term rental can be a tempting idea, you may find the reality of being responsible for one difficult to take on. Here are some of the...

Tuesday Aug 15th, 2023 Share

Reasons Your Home May Not Be Selling

      it may drive potential buyers away. Listen to the feedback your agent is getting at open houses and shWhen it comes to selling your house, you want three things: to sell it for the most money you can, to do it in a certain amount of time, and to do all of that with the fewest hassles. And, while the current housing market is generally favorable to sellers due to today’s limited housing supply, there are still factors that can cause delays or even...

Thursday Aug 10th, 2023 Share

Powerful Job Market Fuels Homebuyer Demand

    The spring housing market has been surprisingly active this year. Even with affordability challenges and a limited number of homes for sale, buyer demand is strong, and getting stronger. One way we know there are interested buyers right now is because showing traffic is up. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, makes it clear more people are out looking at homes than there were prior to the pandemic (see...

Wednesday Aug 2nd, 2023 Share

Why Buyers Need an Expert Agent by Their Side

  The process of buying a home can feel a bit intimidating, even under normal circumstances. But today's market is still anything but normal. There continues to be a very limited number of homes for sale, and that’s creating bidding wars and driving home prices back up as buyers compete over the available homes. Navigating all of this can be daunting if you’re trying to do it alone. That’s why having a skilled expert to guide you through the homebuying...

Wednesday Aug 2nd, 2023 Share

Sellers: Don’t Let These Two Things Hold You Back

    Many homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find something to buy while supply is so low. Let’s dive into each challenge and give you some helpful advice on how to overcome these obstacles. Challenge #1: The Reluctance to Take on a Higher Mortgage Rate According to the Federal Housing Finance Agency (FHFA), the...

Thursday Jul 27th, 2023 Share

Owning a Home Helps Protect Against Inflation

You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense to buy a home today. The short answer is – it does. Here’s why.  Homeownership actually shields you from the rising costs...

Tuesday Jul 25th, 2023 Share

The Benefits of Selling Now, According to Experts

If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set yourself up to get the most eyes possible on your house. Here’s what industry experts are saying about why selling now has its...

Thursday Jul 20th, 2023 Share

Keys to Success for First-Time Homebuyers

Buying your first home is an exciting decision and a major milestone that has the power to change your life for the better. As a first-time homebuyer, it’s a vision you can bring to life, but, as the National Association of Realtors (NAR) shares, you’ll have to overcome some factors that have made it more challenging in recent years: “Since 2011, the share of first-time home buyers has been under the historical norm of 40% as buyers face tight inventory, rising home...

Tuesday Jul 18th, 2023 Share

Real Estate Is Still Considered the Best Long-Term Investment

With all the headlines circulating about home prices and rising mortgage rates, you may wonder if it still makes sense to invest in homeownership right now. A recent poll from Gallup shows the answer is yes. In fact, real estate was voted the best long-term investment for the 11th consecutive year, consistently beating other investment types like gold, stocks, and bonds (see graph below): If you’re thinking about purchasing a home, let this poll reassure you. Even with...

Thursday Jul 13th, 2023 Share

The True Value of Homeownership

Buying and owning your home can make a big difference in your life by bringing you joy and a sense of belonging. And with June being National Homeownership Month, it’s the perfect time to think about all the benefits homeownership provides.  Of course, there are financial reasons to buy a house, but it’s important to consider the non-financial benefits that make a home more than just where you live. Here are three ways owning your home can give you a sense of...

Tuesday Jul 11th, 2023 Share

Are Home Prices Going Up or Down? That Depends…

  Media coverage about what’s happening with home prices can be confusing. A large part of that is due to the type of data being used and what they’re choosing to draw attention to. For home prices, there are two different methods used to compare home prices over different time periods: year-over-year (Y-O-Y) and month-over-month (M-O-M). Here's an explanation of each.  Year-over-Year (Y-O-Y): This comparison measures the change in home prices from the...

Thursday Jul 6th, 2023 Share

Your Needs Matter More Than Today’s Mortgage Rates

  If you’re thinking about selling your house right now, chances are it’s because something in your life has changed. And, while things like mortgage rates are a key part of your decision on what you’ll buy next, it’s important to not lose sight of the reason you want to make a change in the first place. It’s true mortgage rates have climbed from the record lows we saw in recent years, and that has an impact on affordability. With rates where they...

Tuesday Jul 4th, 2023 Share

This Real Estate Market Is the Strongest of Our Lifetime

    When you look at the numbers today, the one thing that stands out is the strength of this housing market. We can see this is one of the most foundationally strong housing markets of our lifetime – if not the strongest housing market of our lifetime. Here are two fundamentals that prove this point.  1. The Current Mortgage Rate on Existing Mortgages First, let’s look at the current rate on existing mortgages. According to the Federal Housing Finance...

Thursday Jun 29th, 2023 Share

Why Buying a Home Is a Sound Decision

If you’re thinking about buying a home, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years and how that could impact your investment. This year, we aren’t seeing home prices fall dramatically. As the year goes on, however, some markets may go up in value while others may lose value. That’s why it’s helpful to keep the long-term view in mind. Experts project a return to...

Wednesday Jun 28th, 2023 Share

4 Key Tips for Selling Your House This Spring

  Spring has arrived, and that means more and more people are getting their homes ready to sell. But with recent shifts in real estate, this year’s spring housing market will be different from the frenzy of the past several years. To sell your house quickly, without hassles, and for the most money, be sure to follow these four simple tips: 1. Make Sure You Give Buyers Access One of the biggest mistakes you can make as a seller is limiting the days and times when buyers...

Thursday Jun 22nd, 2023 Share

Think Twice Before Waiting for Lower Home Prices

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. As a result, you may be holding off on buying a home until prices drop significantly. But that’s not the best strategy. A recent survey from Zonda shows 53% of...

Wednesday Jun 21st, 2023 Share

Falling out of Love with Your House? It May Be Time To Move.

  Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years. If you’ve been in your home for a while,...

Wednesday Jun 14th, 2023 Share

What Are the Experts Saying About the Spring Housing Market?

  The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s what industry experts are saying right now about the spring housing market and what it means for you: Selma Hepp, Chief Economist,...

Thursday Jun 8th, 2023 Share

The Power of Pre-Approval

  If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go to put in an offer. One thing you can do to help you prepare is to get pre-approved. To understand why it’s such an important step, you...

Wednesday Jun 7th, 2023 Share

The Three Factors Affecting Home Affordability Today

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages. Considering how each one of these factors is changing gives you the full picture of home...

Thursday Jun 1st, 2023 Share

How Homeowners Win When They Downsize

Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are also looking to...

Wednesday May 31st, 2023 Share

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much buyer demand has increased in recent months (see graph below): As the graph shows, the first two months of 2023 saw a...

Thursday May 25th, 2023 Share

It May Be Time To Consider a Newly Built Home

  If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t that much to choose from. If you need to open up your pool of options, it may be time to consider a newly built home.  According to the latest data from the U.S. Census, there’s positive...

Wednesday May 24th, 2023 Share

5 Reasons Millennials Are Buying Homes

      In the United States, there are over 72 million millennials. If you’re part of that generation and have thought about buying a home, you aren’t alone. According to Zonda, 98% of millennials want to become a homeowner at some point if they aren’t already. But why? There are plenty of reasons you may choose to become a homeowner. Here’s why other millennials have made that decision (see graph below): This graph shows why millennials...

Thursday May 18th, 2023 Share

Two Reasons You Should Sell Your House

      Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below): Let’s break those reasons down and explore how they might resonate with you. 1. I Want To Take Advantage of the Current Market and Make a Profit When you...

Wednesday May 17th, 2023 Share

Why Today's Foreclosure Numbers Are Nothing Like 2008

        You’ve likely seen headlines about the number of foreclosures climbing in today’s housing market. That may leave you with a few questions, especially if you’re thinking about buying a house. Understanding what they really mean is mission-critical if you want to know the truth about what’s happening today. According to a recent report from ATTOM, a property data provider, foreclosure filings are up 6% compared to the previous...

Thursday May 11th, 2023 Share

How Homeowners Win When They Downsize

    Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have children living at home. But these days, younger people are...

Wednesday May 10th, 2023 Share

Want To Sell Your House This Spring? Price It Right.

    Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re thinking of selling your house this spring, it’s important to lean on your expert real estate advisor when it comes to setting a list price. As Realtor.com explains:   “Move-in-ready homes with curb appeal and in...

Friday Mar 31st, 2023 Share

An Expert Gives You Clarity in Today’s Housing Market

    The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide clarity like that is critical right now. Jay Thompson, Real Estate Industry Consultant,...

Wednesday Mar 29th, 2023 Share

What’s Ahead for Home Prices in 2023

    Over the past year, home prices have been a widely debated topic. Some have said we’ll see a massive drop in prices and that this could be a repeat of 2008 – which hasn’t happened. Others have forecasted a real estate market that could see slight appreciation or depreciation depending on the area of the country. And as we get closer to the spring real estate market, experts are continuing to forecast what they believe will happen with home prices...

Monday Mar 27th, 2023 Share

2 Things Sellers Need To Know This Spring

  A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and priced at their current market value are still selling. Jeff Tucker, Senior Economist at Zillow, says: “. . . sellers who price and market...

Friday Mar 24th, 2023 Share

What Buyer Activity Tells Us About the Housing Market

      Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can be seen in the latest ShowingTime Showing Index, which is a measure of buyers actively touring available...

Wednesday Mar 22nd, 2023 Share

Equity Gains for Today’s Homeowners

  Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown in Recent Years  Because of the imbalance between how many homes were for sale and the number of homebuyers in the market over the past few years, home prices...

Wednesday Feb 22nd, 2023 Share

Why It Makes Sense To Move Before Spring

    Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up. Spring Should Bring a Wave of Buyers to the Market In most...

Wednesday Feb 22nd, 2023 Share

Why It Makes Sense To Move Before Spring

    Spring is usually the busiest season in the housing market. Many buyers wait until then to make their move, believing it’s the best time to find a home. However, that isn’t always the case when you factor in the competition you could face with other buyers at that time of year. If you’re ready to buy a home, here’s why it makes sense to move before the spring market picks up. Spring Should Bring a Wave of Buyers to the Market In most...

Wednesday Feb 15th, 2023 Share

The 3 Factors That Affect Home Affordability

    If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogic, shares: “. . . with slowly improving affordability and a more optimistic economic outlook than previously believed, the housing market could...

Wednesday Feb 15th, 2023 Share

Lower Mortgage Rates Are Bringing Buyers Back to the Market

    As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market. In fact, the latest data from the Mortgage Bankers Association (MBA) shows mortgage applications increased last week by 7% compared to the week...

Wednesday Feb 8th, 2023 Share

Why You Shouldn’t Fear Today’s Foreclosure Headlines

      If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure crisis is not where the market is headed, and understanding what that really means is mission critical if you want to know...

Tuesday Jan 31st, 2023 Share

Is It Time To Sell Your Second Home?

    During the pandemic, second homes became popular because of the rise in work-from-home flexibility. That’s because owning a second home, especially in the luxury market, allowed those homeowners to spend more time in their favorite places or with different home features. Keep in mind, a luxury home isn’t only defined by price. In a recent article, Investopedia shares additional factors that push a home into this category: location, such as a home on the...

Tuesday Jan 24th, 2023 Share

What Are Your Goals in the Housing Market This Year?

    If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals, and work with industry experts to bring your homeownership vision for the new year into focus. In the last year, high inflation had a big impact on the economy, the housing market, and likely on your wallet too. That’s why it’s critical to have a clear understanding of not just the market today, but also...

Wednesday Jan 18th, 2023 Share

3 Best Practices for Selling Your House This Year

    A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and ensure you’re feeling confident in your decision is to keep these three best practices in mind. 1. Price Your Home Right The housing market shifted in 2022...

Tuesday Dec 27th, 2022 Share

Expert Forecasts on Mortgage Rates

  Expert Forecasts on Mortgage Rates   If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that information is the professionals....

Saturday Dec 24th, 2022 Share

Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

  At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today ’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It shows supply has surpassed 2021 levels by 58%. But the further back you look, the more you’ll understand...

Friday Dec 23rd, 2022 Share

Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

  Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase a home for the holidays, and your house might be just what they’re looking for. Here are five great reasons you shouldn’t wait to sell your house. 1. While the supply...

Thursday Dec 22nd, 2022 Share

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 mortgage rates. Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not...

Wednesday Dec 21st, 2022 Share

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 mortgage rates. Buying a home in any market is a personal decision, and the best way to make that decision is to educate yourself on the facts, not...

Wednesday Dec 21st, 2022 Share

What You Want To Know If You’re Pursuing Your Dream of Homeownership

  If you’re a young adult, you may be thinking about your goals and priorities for the months and years ahead. And if homeownership ranks high on your goal sheet, you’re in good company. Many of your peers are also pursuing their dream of owning a home. The 2022 Millennial & Gen Z Borrower Sentiment Report from Maxwell says: “Many young adults have demonstrated their resolve to embark on the journey toward homeownership soon. More than half of millennials and...

Tuesday Dec 20th, 2022 Share

How Owning a Home Builds Your Net Worth

  How Owning a Home Builds Your Net Worth   Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important. If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey toward...

Tuesday Dec 13th, 2022 Share

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

  Getting Your House Ready To Sell? Work with an Agent for Expert Advice   In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house. Here are some...

Tuesday Dec 6th, 2022 Share

Why Pre-Approval Is a Game Changer for Homebuyers

  Why Pre-Approval Is a Game Changer for Homebuyers If you’re planning to buy a home this year, you might have heard that pre-approval is a necessary step to take before starting out on your journey. But why is that? And is it still important in today’s shifting market? The truth is, getting a pre-approval letter from your lender is critical, and when it comes to your home search, it can be a game changer in so many ways. To better understand why, it’s...

Wednesday Nov 30th, 2022 Share

Sell Your House Before the Holidays

    As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or...

Tuesday Nov 29th, 2022 Share

Wondering Where You’ll Move if You Sell Your House Today?

  Wondering Where You’ll Move if You Sell Your House Today? If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply of homes for sale is increasing as a result. That means you may have a better chance of finding a home that will meet your current needs. Here are some options to...

Wednesday Nov 23rd, 2022 Share

The Cost of Waiting for Mortgage Rates To Go Down

    Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if you’re planning to buy a home. Here’s some information that can help you make an informed decision when you set your homebuying plans. The Impact of Rising Mortgage Rates As mortgage rates rise, they impact your purchasing power by raising the cost of buying a home and limiting how much you can comfortably afford....

Tuesday Nov 22nd, 2022 Share

What Does the Rest of the Year Hold for Home Prices?

  What Does the Rest of the Year Hold for Home Prices?   Whether you’re a potential homebuyer, seller, or both, you probably want to know: will home prices fall this year? Let’s break down what’s happening with home prices, where experts say they’re headed, and why this matters for your homeownership goals. Last Year’s Rapid Home Price Growth Wasn’t the Norm In 2021, home prices appreciated quickly. One reason why is that...

Wednesday Nov 16th, 2022 Share

Saving for a Down Payment? Here’s What You Should Know.

  As you set out to buy a home, saving for a down payment is likely top of mind. But you may still have questions about the process, including how much to save and where to start. If that sounds like you, your down payment could be more in reach than you originally thought. Here’s why. The 20% Down Payment Myth If you believe you have to put 20% down on a home, you may have based your goal on a common misconception. Freddie Mac explains: “. . . nearly a...

Tuesday Nov 15th, 2022 Share

Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash

  Why Today’s Housing Inventory Proves the Market Isn’t Headed for a Crash Whether or not you owned a home in 2008, you likely remember the housing crash that took place back then. And news about an economic slowdown happening today may bring all those concerns back to the surface. While those feelings are understandable, data can help reassure you the situation today is nothing like it was in 2008. One of the key reasons why the market won’t crash this time...

Wednesday Nov 9th, 2022 Share

3 Trends That Are Good News for Today’s Homebuyers

    While higher mortgage rates are creating affordability challenges for homebuyers this year, there is some good news for those people still looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the peak frenzy of the pandemic has cooled too. Here are just a few trends that may benefit you when you go to buy a home today. 1. More Homes To Choose from During the pandemic, the housing supply hit a record low at the...

Tuesday Nov 8th, 2022 Share

Buyers: You May Face Less Competition as Bidding Wars Ease

  Buyers: You May Face Less Competition as Bidding Wars Ease   One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been...

Tuesday Nov 1st, 2022 Share

New Homes May Have the Incentives You’re Looking for Today

  New Homes May Have the Incentives You’re Looking for Today   According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why. The Supply of Newly Built Homes Is Rising When looking for a home, you can...

Tuesday Oct 25th, 2022 Share

3 Tips for Buying a Home Today

  3 Tips for Buying a Home Today     Based on the state of the housing market right now, you might want to think about starting your home hunt again if you put it off at any point over the past two years. According to recent data, there are more properties available for purchase, offering potential buyers like you more choices. But it’s important to keep in mind that while inventory is improving, it’s still a sellers’ market. And that means...

Tuesday Oct 18th, 2022 Share

Why You May Want To Start Your Home Search Today

  Why You May Want To Start Your Home Search Today     If you're considering purchasing a property, you probably have a lot of considerations. To choose whether you want to enter the market, you are comparing your own demands against rising mortgage rates, current housing prices, and other factors. Although some purchasers might choose to wait it out, there is a good reason that serious buyers are acting now, and that reason is the rising inventory of...

Tuesday Oct 11th, 2022 Share

A Trusted Real Estate Advisor Provides Expert Advice

  A Trusted Real Estate Advisor Provides Expert Advice     If you already own a property or intend to do so soon, you're undoubtedly looking for detailed information about the current housing market. And if you've lately read the news or even simply the headlines, you might feel as though there are more questions than there are answers. Working with an expert is the best approach to make sure you get what you need. Why You Want To Lean on a Trusted...

Tuesday Oct 4th, 2022 Share

Should I Sell My House This Year?

  Should I Sell My House This Year?     There is no doubt that the housing market is changing this season as buyer demand falls and the quantity of available houses rises. However, this change really offers you some special advantages when you sell. Here are some of the main chances you have if you list your home this fall. Opportunity #1: You Have More Options for Your Move The increasing number of houses for sale is one of the major stories right now....

Tuesday Sep 27th, 2022 Share

Selling Your House? Your Asking Price Matters More Now Than Ever

    There is no denying that the housing market has slowed since the frenzy of the previous two years. But if you're considering selling your house, what does it mean for you? While experts predict that home values will continue to rise in most markets, they are doing so at a slower rate as a result of declining buyer demand brought on by rising mortgage rates. As a result, there are more houses available. The way you price your home is more important than ever...

Tuesday Sep 20th, 2022 Share

The U.S. Homeownership Rate Is Growing

    Today, there is still a strong desire to own a home. In actuality, the Census shows an increase in the homeownership rate in the United States. The graph below displays the homeownership rate over the previous year to demonstrate the rise: That data shows more than half of the U.S. population live in a home they own, and the percentage is growing with time. If you’re thinking about buying a home this year, here are just a few reasons why so many people...

Friday Sep 16th, 2022 Share

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

  Is the Real Estate Market Slowing Down, or Is This a Housing Bubble? The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming? To answer this question, there are two things we want to understand. The first is the reality of the...

Thursday Sep 15th, 2022 Share

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

  Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market   If you’re thinking about buying a home today, there’s welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close. Today, you should have less...

Tuesday Sep 13th, 2022 Share

A Real Estate Professional Helps You Separate Fact from Fiction

  There are likely some headlines regarding the housing market that you have seen or heard if you keep up with the news. Fact from fiction can be difficult to distinguish when the real estate market is altering. An experienced real estate agent can help in this situation. So that you can truly comprehend the market today and what it implies for you, they can assist you to disprove the headlines. Here are three common housing market myths you might be hearing, along with the...

Tuesday Sep 6th, 2022 Share

Planning To Retire? Your Equity Can Help You Reach Your Goal.

  Whether you've recently retired or are considering it, you could be weighing your options and attempting to envision a whole different phase of your life. You're not alone either. 10,000 Baby Boomers reach the normal retirement age of 65 per day, according to research from the Retirement Industry Trust Association (RITA), and just 47% of that cohort has retired as of yet. If this sounds like you, one thing worth considering is whether or not your current home will...

Monday Aug 29th, 2022 Share

Florida Hometown Heroes Housing Program

  Florida Hometown Heroes Housing Program     A comprehensive financial assistance package is available for first-time homebuyers who want to buy their first homes in the communities they serve through the recently launched Florida Hometown Heroes Housing Program. Uncertain about your eligibility or whether the program is beneficial? To help you better understand the Hometown Heroes program's primary advantages, we'll break it down into detail. The...

Tuesday Aug 16th, 2022 Share

Why Are People Moving Today?

  Buying a home is a major life decision. That’s true whether you’re purchasing for the first time or selling your house to fuel a move. And if you’re planning to buy a home, you might be hearing about today’s shifting market and wondering what it means for you. You shouldn't put your plans on hold based purely on market conditions, even though mortgage rates are higher now than they were at the beginning of the year and home prices are increasing....

Wednesday Aug 10th, 2022 Share

How Your Equity Can Grow over Time

    It is true that over the previous few years, unprecedented home price increases have resulted in large equity gains for homeowners. According to CNBC's real estate correspondent Diana Olick: “The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth.” That’s great for your home’s value over the last couple of years, but what if you’ve lived in your home for...

Tuesday Aug 2nd, 2022 Share

5 Quick Tips for Buying Your First Home

Planning to purchase your very own home but confused about what you shall do? Purchasing your first house is one of the most significant financial choices you'll ever make, but it can also be one of the most confusing. What factors should your clients consider before purchasing real estate? First timer? Well, worry not, as you are in the right place for a consultation that will give you tips on what you shall consider in buying your first home.   Tip #1. Get...

Friday Jul 29th, 2022 Share

A Window of Opportunity for Homebuyers

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. However, the return to pre-pandemic levels is not a terrible thing. The property market really experienced some of its finest years in the years prior to the pandemic. To demonstrate how the current housing market is still...

Friday Jan 21st, 2022 Share

Buyers Want To Know: Why Is Housing Supply Still So Low?

  One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While low inventory in the housing market isn’t new, it’s a challenge that continues to grow over time....

Monday Mar 18th, 2019 Share

Top 5 Renovations When Selling

Monday Mar 18th, 2019 Share

How to Choose the Right Mortgage

Monday Mar 18th, 2019 Share

5 steps to selling your home