Are you thinking about selling your house but worried about today’s housing market affordability? Understanding how much equity you’ve gained over the years could be the key to making an informed decision. Let’s dive into two crucial factors that significantly impact your home equity. How Long You’ve Been in Your Home First, let’s talk about…
There’s no denying that mortgage rates have significantly influenced housing affordability over the past couple of years. However, there’s a silver lining: rates have started to decrease. According to Freddie Mac, we recently saw the lowest mortgage rates in 2024. This shift brings renewed hope for prospective homebuyers. So, how much lower can rates go?…
Back in March, the National Association of Realtors (NAR) entered into a settlement deal that includes substantial changes aimed at improving transparency in how real estate agents are compensated. Whether you’re a buyer or a seller, here’s what you need to know about the changes taking effect on August 17, 2024. There are two key…
If you’re wondering whether another housing market crash is looming, it’s time to reconsider. Unlike the 2008 crisis, which was driven by an oversupply of homes, today’s real estate market is experiencing a significant undersupply. Inventory levels for existing homes, new builds, and even foreclosures are markedly lower than they were during the last housing…
Here’s what you need to know. History shows home sales may slow down a bit in November, but they usually bounce back fast, prices keep climbing, and mortgage rates tend to dip a bit. Overall, the impact is minor and short-lived. If I can help you or someone that you care about, please reach out…
When it comes to selling your home, making a great first impression is crucial. But what if you don’t have the budget for a major renovation? Luckily, new data from Zillow and Thumbtack reveal that you don’t need to break the bank to boost your home’s appeal. “Certain low-lift projects can deliver a high payoff…
When purchasing or selling a property, it is always a good idea to work with a professional, especially when it comes to the largest financial asset you own. Realtors can do everything from getting you the best price, showing you the most amount of homes, educating you on the marketing and informing you on important…
With a never ending list of everything you ‘should do’ when purchasing a home, it seems counterproductive to focus on what you should not do. But being aware of the dont’s is just as important as the do’s, when it comes to making the biggest financial investment of your life.
