Category: Sellers
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Houses Are Still Selling Fast
Have you been thinking about selling your house? If so, here’s some good news. While the housing market isn’t as frenzied as it was during the ‘unicorn’ years ,they are still selling faster than normal. The graph below uses data from Realtor.com. It tells the story of median days on the market. For Realtor.com, days…
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Are More Homeowners Selling as Mortgage Rates Come Down?
If you’re looking to buy a home, the recent downward trend in mortgage rates is good news because it helps with affordability. But there’s another way this benefits you. It may inspire more homeowners to put their houses up for sale. The Mortgage Rate Lock-in Effect Over the past year, one factor that’s really limited…
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Homebuilder Sentiment Improves
Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly index. Anything below 50 is still considered negative. The index has now moved 10 points higher in the last two months. Sentiment is now at the highest level since September. The increase coincides with a big drop…
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The Benefits of Working With an Agent When You Sell Your Home
When it comes to selling your house, my experience and knowledge can make a difference. I will explain what’s happening, what that means for you, and how to price and market your house. I am also a skilled negotiator and well versed in the contracts and disclosures involved. If you plan to sell your home,…
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Avoid These Common Mistakes After Applying for a Mortgage
If you are getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own. But before you get too far down the emotional path, there are some key things to keep in mind after you apply for your mortgage and before you…
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The Dramatic Impact of Homeownership on Net Worth
If you’re trying to decide whether to rent or buy a home this year, here’s a powerful insight that could give you the clarity and confidence you need to make your decision. Every three years, the Federal Reserve releases the Survey of Consumer Finances. It compares net worth for homeowners and renters. The latest report…
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Ways Your Home Equity Can Help You Reach Your Goals
I’ve you’ve owned your house for at least a couple of years, there’s something you’re going to want to know more about. That’s home equity! If you’re not familiar with that term, Freddie Mac defines it like this: “……your home’s equity is the difference between how much your home is worth and how much you…
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Thinking About Buying a Home? Ask Yourself These Questions
If you’re thinking of buying a home this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety of channels: the news, social media, your real estate agent, conversations with friends and loved ones. Most likely, home prices and mortgage rates are coming up a…
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Why Pre-Approval Is Your Homebuying Game Changer
If you are thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you are working with a trusted lender to prioritize this essential step. Here’s…