Consumer Real Estate Team

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When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause. Maybe you did t...
04/11/2024

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.

What Would Motivate You To Move?

Now that you know why other people would move, take a minute to think about what would make a move worth it for you. Is it time to take a chance and go for your dream job, even though it’s not local? Are you looking for a neighborhood that has more to offer and a close-knit sense of community? Maybe you just need more space, you’re looking for your next great adventure, or you want a house that opens up rental opportunities to pad your income.

And here’s something else...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

When mortgage rates spiked up over the last few years, some homeowners put their plans to move on pause.

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their com...
04/10/2024

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.

1. Deliver Industry Experience

The right agent – the professional – will coach you through everything from start to finish.

2. Provide Expert Local Knowledge

In a world that’s powered by data, a great agent can clarify what it all means, separate fact from fiction, and help you understand how current market trends apply to your unique search.

3. Explain Pricing and Market Value

Agents help you understand the latest pricing trends in your area.

4. Review Contracts and Fine Print

In a...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions.

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans. Do yo...
04/08/2024

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 Bankrate article explains: “Roughly 60 percent of U.S. adults who have held student loan debt have put off making important financial decisions due to that debt . . . For Gen Z and millennial borrowers alone, that number rises to 70 percent.”

This includes one of the biggest financial decisions you’ll ever make, buying a home. But you should know, even with student loans, waiting to buy a home may not be necessary. While everyone’s situation is unique, your goal may be more within your reach than you realize. Here’s why...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

If you have student loans and want to buy a home, you might have questions about how your debt affects your plans.

Hiring an agent when buying a home helps you understand the buying process and the local market. They’ll also go over co...
04/05/2024

Hiring an agent when buying a home helps you understand the buying process and the local market. They’ll also go over contracts and fine print with you, so you understand what you're agreeing to. Plus, they're good at negotiating, making sure you get the best deal. Expert advice from a trusted real estate professional is priceless. Let’s connect today.

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

Hiring an agent when buying a home helps you understand the buying process and the local market.

Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know. Tha...
04/04/2024

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 a big impact on housing. That’s because it would create a whole lot more competition for smaller homes and would throw off the balance of supply and demand, which ultimately would impact home prices.

But here’s the thing. There are a couple of faults in that logic. Let’s break them down and put your mind at ease.

Not All Baby Boomers Plan To Move

For starters, plenty of baby boomers don’t plan on moving at all. A study from the AARP says more than half of adults aged 65 and older want to stay in their homes and not move as they age.

Even Those Who Do Move Won’t Do It All at Once

While not all...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

Have you heard the term “Silver Tsunami” getting tossed around recently? If so, here’s what you really need to know.

Buying a home this spring? If you’re having a hard time finding a home you love, and mortgage rates are putting pressure...
04/04/2024

Buying a home this spring? If you’re having a hard time finding a home you love, and mortgage rates are putting pressure on your budget, it may be time to look at newly built homes. Here’s why.

New Home Construction Is an Inventory Bright Spot

When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the number of existing homes for sale has increased this year, there are still fewer available than there were in more typical years in the housing market, like back in 2018 or 2019.

So, if you’re looking to expand your pool of options even more, turning to newly built homes can help. And the good news is, there are more newly built homes to pick from right now.

Builders Are Offering Incentives To Help with Affordability

And to sweeten the pot, builders are offering things like...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

Buying a home this spring?

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. ...
04/03/2024

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s going to make the biggest first impression. And, if it’s priced too high, you may turn people away.

That’s because no homebuyer wants to pay more than they have to, especially not today. Many are already feeling the pinch on their budget due to ongoing home price appreciation and today’s mortgage rates. And if they think your house is overpriced, they may write it off without even stepping foot in the front door, or simply won’t make an offer if...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong.

Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts sa...
04/01/2024

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.

Here’s why this matters for you. While the spring market is a great time to sell no matter the week, this may be the peak sweet spot. And if you’ve been putting your plans on the back burner and waiting for the right time to act, this could be the nudge you need to make your move happen.

But, if you want to get in on the action, you’ll need to move quickly and lean on the pros. Your local real estate agent is the perfect go-to when it comes to figuring out a plan to prep...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

Are you thinking about making a move?

In real estate, a good first impression is key. If the outside of a house looks welcoming, more people will want to come...
03/29/2024

In real estate, a good first impression is key. If the outside of a house looks welcoming, more people will want to come in and see it. Your agent helps you by giving advice on what you may want to prioritize, finding easy fixes that make a big difference, knowing what buyers in your area like, and showing off your updates in your listing. DM me so you have expert advice on what'll have the biggest impact in our area.

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

In real estate, a good first impression is key. If the outside of a house looks welcoming, more people will want to come in and see it.

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale. But th...
03/28/2024

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.

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 in February than a year earlier . . . That alone could jolt the housing market a bit if more “For Sale” signs continue to appear. However, the nation is still suffering from a housing shortage even with all of that new inventory.”

Context is important. On the one hand, inventory is up over the past few years. That means you’ll likely have more options to choose from as you search for your next home.

But, at the same time, the graph above also shows there are still significantly fewer homes for sale than there would usually be in a more normal, pre-pandemic market. And that deficit isn’t...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

One of the biggest hurdles buyers have faced over the past few years has been a lack of homes available for sale.

In today's housing market, more and more single women are becoming homeowners. According to data from the National Assoc...
03/28/2024

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.

Why Homeownership Matters to So Many Women

For many single women, buying a home isn't just about having a place to live—it's also a smart way to invest for the future. Homes usually increase in value over time, so they’re a great way to build equity and overall net worth.

The financial security and independence homeownership provides can be life-changing. And when you factor in the personal motivations behind buying a home, that impact becomes even clearer.

The same report from NAR shares the top reasons single women are buying a home right now, and the reality is, they’re not all financial.
If any of these reasons resonate with you, maybe it’s time for you...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

In today's housing market, more and more single women are becoming homeowners.

Recent headlines may leave you wondering what’s next for mortgage rates. Maybe you’d previously heard there were going t...
03/27/2024

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.

Mortgage Rates Are Still Expected To Drop This Year

While it hasn’t happened yet, that doesn’t mean it won’t. Even Jerome Powell, the Chairman of the Fed, says they still plan to make cuts this year, assuming inflation cools.

When this happens, history shows mortgage rates will likely follow. That means hope isn’t lost. As a recent article from Business Insider explains: “As inflation comes down and the Fed is able to start lowering...

Consumer Real Estate Team
Call 888-840-2275 or email [email protected]

Recent headlines may leave you wondering what’s next for mortgage rates.

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