I have been getting this question from many buyers who are trying to decide whether to buy now or later when they think the prices will decrease. The biggest impact on home prices is amount of inventory. If there is a ton of inventory than prices will decrease because there is more competition. Right now …
Will Increasing Mortgage Rates Impact Home Prices? Read More »
According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 3.47%. Rates have remained at or below 3.5% each of the last 16 weeks, marking a historic low. The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, …
How Historically Low Interest Rates Increase Your Purchasing Power Read More »
Some Highlights: Home sales are up 1.5% year-over-year and 5.1% month-over-month. Demand is still much higher than the available housing inventory which declined 2.2% from March 2015. This is the 49th consecutive month with year-0ver-year price gains. Great information provided by the KCM Blog
A study by Edelman Berland reveals that 33% of homeowners who are contemplating selling their house in the near future are planning to scale down. Let’s look at a few reasons why this might make sense for many homeowners, as the majority of the country is currently experiencing a seller’s market. In a recent blog, …
Today’s post could not be more true! I have been getting tons of calls about when to list and I say these things over and over again. Ultimately your home will sell if you price it right and have it in show ready condition- no matter what time of the year so it really matters …
No Matter Which Groundhog You Listen To, You Should Sell Before Spring! Read More »
If you have ever talked real estate with me you know that I always say that you can always get more by listing for less! I get a lot of funny looks but it always rings true. Call me to talk more about selling your home anytime! Every homeowner wants to make sure they maximize …
How to Get the Most Money from the Sale of Your House Read More »
People across the country are beginning to think about what their life will look like next year. It happens every Fall. We ponder whether we should relocate to a different part of the country to find better year-round weather or perhaps move across the state for better job opportunities. Homeowners in this situation must consider …
A huge THANK YOU to all of my clients for making third quarter 2015 another great quarter! I enjoyed helping each of you with your real estate needs and look forward to being your Realtor for Life. Thanks to all of you who have supported me and sent me referrals, too!
The government has implemented the new TRID system of lending and disclosing so things will be more clear and less complicated for buyers. It will be a good change in the long run but the change has caused longer turn times and more documentation and double checking so make sure you are working with an …
Some Highlights: EXISTING HOME SALES SLOWED DOWN SLIGHTLY IN AUGUST BUT REMAINED 6.2% HIGHER THAN AUGUST 2014. INVENTORY LEVELS REMAIN BELOW THE 6 MONTHS NECESSARY FOR A NORMAL MARKET AT A 5.2-MONTH SUPPLY. FIRST TIME BUYERS REBOUNDED IN AUGUST TO MAKE UP 32% OF SALES, MATCHING A 2015 HIGH. Great information provided by the KCM …
Existing Home Sales Slow Amongst Tight Inventory Read More »
