Real Estate Market Update EQUITY Can Make Your Move Possible When Affordability Is Tight What Is Equity? Over the years, you gain equity as you pay down your home loan and as home values rise. It can grow faster than you realize.   Americans Are Sitting on Tremendous Equity Over 2/3 of homeowners have either completely paid off their mortgage or have at least 50% equity.   According to […]
Real Estate Market Update 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 […]
Senior Real Estate Resources The Perks of Downsizing When You Retire If you’ve recently retired or are about to, saving money where you can has a lot of appeal. Downsizing is one way to do that.   To see if it’s the right move for you, ask yourself:  Have my needs changed since I bought my current home? Can I really keep up with the space […]
Real Estate Market Update 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. […]
Real Estate Market Update Boomers Moving Will Be More Like a Gentle Tide Than a Tsunami Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know. That phrase refers to the idea that a lot of baby boomers are going to move or downsize all at once. And the fear is that a sudden influx of homes for sale would have […]
Real Estate Market Update 12 Things To Do After Closing On A House | Next Steps 2024 After you finish signing at the closing of your new house, you’re handed the keys and the house is officially yours. But there some things you should do to make sure your transition from your old place to your new address goes as smoothly as possible.   Every area of the country is different, which […]
Real Estate Market Update 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 […]
Real Estate Market Update The Latest National Trends in Housing New Listings   Month-Over-Month Change ⬆️ 15%   While inventory is still low, more people are selling their houses. If you’re looking to buy, this gives you more options for your search.   Home Prices   Month-Over-Month Change ⬆️ 1.5%   But even with that growth, there aren’t enough homes to go around. And that […]
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Senior Real Estate Resources The Benefits of Downsizing When You Retire If you’re taking a look at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home.   When you think about cutting down on your spending, odds are you think of frequent purchases, like groceries and other goods. […]
Real Estate Market Update The Spring Market Is a Sweet Spot if You’re Looking To Sell Wondering if now’s a good time to sell your house? Short answer: it is. Here’s why.   … the number of homes for sale and new listing activity continues to improve compared to last year. However the inventory of homes for sale still has a long journey back to pre-pandemic levels. Realtor.com   Inventory Is […]
Real Estate Market Update Why You Want an Agent’s Advice for Your Move No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about.   Moving is no exception. You need insights from the pros to help you […]
Real Estate Market Update Why Today’s Housing Supply Is a Sweet Spot for Sellers Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.   An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us […]
Real Estate Market Update 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 […]
Real Estate Market Update 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 Bankrate explains:   “Home equity is the difference between your home’s value and the amount you still owe […]
Real Estate Market Update Winning Plays for Buying a Home in Today’s Market Build Your Team Make sure you have trusted professionals on your side, including your local real estate agent and lender. The pros have the skills you need to move quickly and efficiently.   Make Strategic Plays Careful budgeting and planning for your down payment are key. Think about your wish list and prioritize what you […]
Real Estate Market Update Will a Silver Tsunami Change the 2024 Housing Market? Have you ever heard the term “Silver Tsunami” and wondered what it’s all about? If so, that might be because there’s been lot of talk about it online recently. Let’s dive into what it is and why it won’t drastically impact the housing market.   What Does Silver Tsunami Mean? A recent article from HousingWire calls it: “. . […]
Real Estate Market Update Why It’s More Affordable To Buy a Home This Year Home affordability depends on three factors: mortgage rates, home prices, and wages. The good news is affordability is getting better if you want to buy a home.   Mortgage Rates Are Down from Their Recent Peak Home Prices Are Expected To Rise at a Slower Pace Wages Are Increasing Faster Than Usual  
Real Estate Market Update 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for over a month now (see graph below): And while they’re not […]
Real Estate Market Update Homeownership Is Still at the Heart of the American Dream   Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist at Zillow: “The American Dream is still owning a home. […]
Real Estate Market Update Winter Weather Safety Texas homeowners and renters should be prepared to protect their homes when temperatures drop below the freezing mark for more than 24 hours.     Frozen pipes are an annual issue for many Texans A hard freeze could result in frozen water pipes, which can lead to pipes bursting and leaking. A prolonged cold spell […]