Homes by Rich & Maria

07/24/2024

Unlocking Homebuyer Opportunities in 2024

There’s no arguing this past year has been difficult for homebuyers. And if you’re someone who has started the process of searching for a home, maybe you put your search on hold because the challenges in today’s market felt like too much to tackle. You’re not alone in that. A Bright MLS study found some of the top reasons buyers paused their search in late 2023 and early 2024 were:

• They couldn’t find anything in their price range
• They didn’t have any successful offers or had difficulty competing
• They couldn’t find the right home

If any of these sound like why you stopped looking, here’s what you need to know. The housing market is in a transition in the second half of 2024. Here are four reasons why this may be...



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

There’s no arguing this past year has been difficult for homebuyers.

07/23/2024

Do high prices at the gas pump and grocery store have you worried more people are going to fall behind on their mortgage payments?

If you’re thinking that’ll lead to a surge of foreclosures, let this reassure you.

Serious delinquencies (loans that are 3 or more monthly payments past due) are on the decline – so there’s no wave of foreclosures on the horizon.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/22/2024

Having a hard time finding a place to call home in your budget?

Thousands of Americans are on the move in search of better affordability.

That’s because broadening where you're looking could help you find somewhere your money takes you a little further.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/21/2024

How To Determine if You’re Ready To Buy a Home

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind. Instead of trying to time the market, focus on what you can control. Here are a few questions that can give you clarity on whether you’re ready to make your move.

1. Do You Have a Stable Job?

One thing to consider is how stable you feel your employment is.

2. Have You Figured Out What You Can Afford?

If you have reliable paychecks coming in, the next thing to figure out is what you can afford.

3. Do You Have an Emergency Fund?

Another key factor is whether you’ll have enough cash leftover in case of an emergency.

4. How Long Do You Plan To Live There?

5. Above all else, the most important question to answer is: do you...



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

If you’re trying to decide if you’re ready to buy a home, there’s probably a lot on your mind.

07/20/2024

The Biggest Mistakes Homebuyers Are Making Right Now

Want to know the biggest mistakes homebuyers are making today? They include everything from putting off pre-approval for too long, holding out for the perfect home, buying more than they can afford, and skipping out on hiring a pro. Let’s connect to make sure you have a pro on your side who can help you avoid these mistakes.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

Want to know the biggest mistakes homebuyers are making today?

07/19/2024

The Biggest Mistakes Homebuyers Are Making Right Now

Some of the biggest mistakes homebuyers are making right now are putting off pre-approval, holding out for perfection, and buying more than they can afford. The best way to avoid making these mistakes? Hire an agent who knows today’s market and how to help you navigate it.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/18/2024

Did you put off your home search because the market was too intense?

Here’s some good news: buyer demand is easing and inventory is growing. This means you may be able to avoid being in a multiple-offer scenario.

Want to learn more about the opportunities buyers have in the second half of this year? DM me.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/17/2024

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.
Here are just a few of the ways a real estate expert is invaluable:
Contracts – Agents help with the disclosures and contracts necessary in today’s heavily regulated environment.
Experience – In today’s market, experience is crucial. Real estate professionals know the entire sales process, including how it’s changing right now.
Negotiations – Your real estate advisor acts as a buffer in negotiations with all parties, and advocates for your best interests throughout the entire transaction.
Industry Expertise– Knowledge is power in today’s market...



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

Navigating the housing market can be tricky, especially these days.

07/16/2024

Thinking about buying a home? You want to consider everything from mortgage rates to your personal finances and goals.
My best advice: focus on what you can control and take the time to evaluate your situation.
These 4 questions can help you figure out if you’re ready.
If you want to have a conversation about how to prepare, send me a DM.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/15/2024

Choosing the right agent is a big deal.
One key thing to look for? A local real estate expert.
You want to find someone who knows the area like the back of their hand, including where you're most likely to find the home you're looking for.
It can make a world of difference in your homebuying journey.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/14/2024

Wondering if the upcoming Presidential election will shake up the housing market?

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. Have questions? Let's chat.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

07/13/2024

How Do Presidential Elections Impact the Housing Market?

Are you wondering if the upcoming election will have an impact on the housing market? Here’s what history tells us you need to know if you’re considering a move. Data shows home sales slow in November but quickly bounce back and rise the following year. Prices usually keep climbing. And mortgage rates typically come down slightly. Presidential elections have only a small and temporary impact on the housing market. If you have questions, let’s connect.



If you or anyone you know, needs assistance with a real estate transaction, please contact us.
"We are here for you before, during and after the process"

Are you wondering if the upcoming election will have an impact on the housing market?