Real Estate Market Update

Real Estate Market Update Why Fixing Up Your House Can Help It Sell Faster  If you’re thinking about selling your house, you should know there are buyers who are ready and able to pay today’s high prices. But they want a home that’s move-in ready. A recent press release from Redfin explains: “Buyers are still out there and they’re willing to pay today’s high prices, but only if the house is in […]
Real Estate Market Update Why Working with a Real Estate Professional Is Crucial Right Now Navigating the housing market can be tricky, especially these days. That’s why having an experienced guide when buying or selling a home is so important. The market isn’t exactly straightforward right now, and working with a real estate expert can offer insights and advice that make all the difference.   While today’s market conditions might seem confusing or overwhelming, you don’t […]
Real Estate Market Update What To Do When Your House Didn’t Sell If your listing expired and your house didn’t sell, it’s totally natural to feel a mix of frustration and disappointment. And as you’re working through that, you’re probably also wondering what went wrong and what you should do next.   If you still need to move and want to get it back on the market, here […]
Real Estate Market Update How Long Will It Take To Sell My House? You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent.   They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way you […]
Real Estate Market Update The Downsides of Selling Your House Without an Agent Lack of Market Expertise Without the hands-on experience and in-depth understanding of market trends an agent brings to the table, you’ll have to operate with blind spots.   Over or Underpricing Your House Without an agent’s pricing expertise, you may set the asking price too high or too low. This can make it harder to […]
Real Estate Market Update Selling Smart: Why a Real Estate Agent Makes All the Difference If you’re considering selling your house on your own as a “For Sale by Owner” (FSBO), you want to think about if it’s really worth the extra stress. Going this route means shouldering a lot of responsibilities by yourself – and, if you’re not an expert, that opens the door for mistakes to happen and can quickly […]
Real Estate Market Update Savings Strategies Every First-Time Homebuyer Needs To Know If homeownership is on your goal sheet for your future, you’re probably working on your savings. And a big priority is making sure you’ve got a plan in place for things like your closing costs, down payment, and more.   Here are a few strategies that can help speed up that process.   Budget and Track Your Expenses: To start, […]
Real Estate Market Update More Than a House: The Emotional Benefits of Homeownership With all the headlines and talk about housing affordability, it can be tempting to get lost in the financial side of buying a home. That’s only natural as you think about the dollars and cents of it all.   And while you ultimately need to be able to afford a home you buy, don’t lose sight of why homeownership was […]
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Real Estate Market Update 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 […]
Real Estate Market Update 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 […]
Real Estate Market Update What’s Next for Home Prices and Mortgage Rates? If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out.   The only thing you can really do is make the best decision you […]
Real Estate Market Update 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 […]
Real Estate Market Update 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 […]
Real Estate Market Update 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 […]
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 […]
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 […]