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 … Continue reading Should You Wait for Mortgage Rates To Come Down Before You Move? Maybe Not.
Thank You to All My Wonderful Clients!
I am honored to be, once again, named to the Chairman's Club of Long & Foster's Gold Team! I am grateful to all my clients who relied on me for Exceptional Results! I believe my role and responsibility is to make sure I answer your questions, explain the landscape, and provide you with greater insight … Continue reading Thank You to All My Wonderful Clients!
Two Factors That Impact Mortgage Rates
When the Fed meets, experts in the industry will be keeping a close watch to see what they decide and what impact it’ll have on the economy. If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, … Continue reading Two Factors That Impact Mortgage Rates
Home Décor Trends for 2024
Welcome 2024! With a new year comes new design trends. If you’re planning to refresh your home this year, here are a few decor trends according to Southern Living magazine. · A Show of Restraint. Remove anything that feels unnecessary to ensure each item makes a statement and impacts the general aesthetic. · Warmer Hues. … Continue reading Home Décor Trends for 2024
The Real Estate Market for 2024
If you’re thinking about buying or selling a home in 2024, you may be wondering what’s to come in the real estate market ahead. After a few robust years, 2023 brought the housing market to more normal (pre-Covid) levels, which we expect to continue in 2024. Here are a few more of the trends that … Continue reading The Real Estate Market for 2024
Long & Foster’s Third Quarter 2023 Real Estate Market Update
We’re more than three quarters into 2023, and a lot has happened in the real estate market. Interest rates have risen, shifting the market to a more normalized pace—reminiscent of the years pre-pandemic. Plus, we’re seeing the below trends, when comparing the third quarter of 2023 with the same period in 2022. Fewer homes were … Continue reading Long & Foster’s Third Quarter 2023 Real Estate Market Update
Start Now to Prepare Your Home for Sale in the Spring Market
It can take weeks and sometimes months to best prepare your home for sale next March-June. Contact me now for professional guidance on what you should do. Spring is only five months away and during the fall and winter months is a fantastic time to prepare the inside of your home. To make the most … Continue reading Start Now to Prepare Your Home for Sale in the Spring Market
Multiple Visits Help Match Homebuyers’ Lifestyle Needs
There are several personal subjective tasks that only you as a buyer can evaluate when thoroughly considering a property to purchase. These are in addition to the support and resources your professional real estate agent provides. Your real estate agent plays a crucial transactional role in helping you find and purchase a home. These include all the … Continue reading Multiple Visits Help Match Homebuyers’ Lifestyle Needs
Four Ways You Can Use Your Home Equity
Selling home,Little house and money. If you’re a homeowner, odds are your equity has grown significantly over the last few years. Equity builds over time as home values grow and as you pay down your home loan. And, since home prices skyrocketed during the ‘unicorn’ years, you’ve likely gained more than you think. According to … Continue reading Four Ways You Can Use Your Home Equity
Owning Your Home Helps You Build Wealth
A housing subdivision in the San Francisco Bay Area. You may have heard some people say it’s better to rent than buy a home right now. But, even today, there are lots of good reasons to become a homeowner. One of them is that owning a home is typically viewed as a good long-term investment … Continue reading Owning Your Home Helps You Build Wealth
If You Sell, Where Will You Go?
Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You're not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory. That means … Continue reading If You Sell, Where Will You Go?
What You Need To Know About Home Price News
Simplifying the Market, 5.17.23 The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices … Continue reading What You Need To Know About Home Price News
Mortgage Interest Rates Update: What Buyers’ & Sellers’ Should Know About the Spring Market
"Low inventory issues are keeping prices from dropping off. How much further home prices dip in 2023 will likely depend on where mortgage rates go. Experts point out that today’s homeowners have a more secure footing than those coming out of the 2008 financial crisis. A higher number of borrowers have positive equity in their homes." … Continue reading Mortgage Interest Rates Update: What Buyers’ & Sellers’ Should Know About the Spring Market
Two Big Issues Facing the Housing Market Right Now
The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these … Continue reading Two Big Issues Facing the Housing Market Right Now
Four Reasons Why Now’s a Good Time to Sell
While the housing market traditionally heats up with the weather, buyers are looking year-round. If you’re thinking about selling your home, here are a few reasons why now is a great time to get it on the market. Appreciation. Your home’s value is based on the market, not the season. In the last few years, … Continue reading Four Reasons Why Now’s a Good Time to Sell
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