Sellers

Oct. 2, 2019

4 Tips to Improve Your Home and Save on Your Energy Bill

 

By making a few key upgrades to your home, you’ll save on your utility bills and improve the energy efficiency of your home. When you’re ready to sell your house, these key features will make it even more attractive to potential buyers.

As a homeowner, it’s important to keep ...

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Posted in Market Updates, Sellers
Oct. 1, 2019

What to Expect from Your Home Inspection

 

You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection.

This contingency allows you to renegotiate the price you offered for the home, ask the sellers ...

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Sept. 30, 2019

How Does the Supply of Homes for Sale Impact Buyer Demand?

 

The latest edition of the Realtors Confidence Index from NAR sheds some light on the relationship between seller traffic (supply) and buyer traffic (demand). Until the supply of homes for sale starts to meet buyer demand, prices will continue to rise.

The price of any item is determined by ...

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Sept. 23, 2019

Is Your House “Priced to Sell Immediately”?

 

In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values ...

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Sept. 20, 2019

4 Reasons to Sell This Fall

Some Highlights:

  • Buyers are active in the market and often competing with one another for available listings.
  • Housing inventory is still under the 6-month supply found in a normal housing market.
  • Homes are still selling relatively quickly, averaging 31 days on the market.

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Sept. 19, 2019

One of the Top Reasons to Own a Home

 

One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference ...

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Sept. 18, 2019

What Buyers Need to Know About HOAs

 

When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you.

According to a recent article on realtor.com,

“In a nutshell, an ...

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Sept. 16, 2019

Things to Avoid After Applying for a Mortgage

 

Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any big-time life changes, consult your loan officer – someone who will ...

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Sept. 12, 2019

What Is the Probability That Home Values Sink?

 

With the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective ...

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Sept. 11, 2019

Millennial Buying Power Poised to Boost Homeownership

 

In a recent article by Realtor Magazine, Mark Fleming, Chief Economist of First American Financial Corporation, notes,

“The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”.

The article continues to describe how millennials have more buying-power than ...

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