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Selling After I Sell My house, Where Will I Go? It’s the question of the day for many potential sellers – Where Will I Go After I Sell My House? Putting geographic location aside, the question turns to what type of housing will I be looking for. I know,  because I’ve been asking these same questions. Some Highlights If you’re thinking of selling your house, be sure […]
All Mortgage Rates Higher This Week Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending  today 03/02/2023, showing the 30-year fixed-rate mortgage (FRM) averaged 6.65 percent. “As we started the year, the 30-year fixed-rate mortgage decreased with expectations of lower economic growth, inflation and a loosening of monetary policy. However, given sustained economic growth […]
All Are You Ready To Gain Some Equity? Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates. How Equity Has Grown in Recent Years  Because of the […]
Selling What A Difference An Expert Makes I’m generally wary of using the term “expert” because of its overuse.  But I’m going with it in this case to impress upon you the need to use a person who has a comprehensive and authoritative knowledge of real estate when you’re buying or selling a home. If you’re thinking of selling your house, it’s […]
Buying What Should I Know As Mortgage Rates Rise? After steadily falling over the winter, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to […]
Buying One Major Benefit of Investing in a Home One of the many reasons to buy a home is that it’s a major way to build wealth and gain financial stability. According to Freddie Mac: “Building equity through your monthly principal payments and appreciation is a critical part of homeownership that can help you create financial stability.” With spring approaching, now’s a great time to consider […]
Selling Your Checklist for Selling Your House This Spring  ]   Some Highlights As you get ready to sell your house, there are specific things you can add to your to-do list. These include decluttering, taking down personal photos and items, and power washing outdoor surfaces. Let’s connect so you have advice on what you may want to do to get your house ready to sell this […]
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All Inflation Threat Continues To Tick Mortgage Rates Up Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®)for the week ending 02/23/2023, showing the 30-year fixed-rate mortgage (FRM) averaged 6.50 percent. “The economy continues to show strength, and interest rates are repricing to account for the stronger than expected growth, tight labor market and the threat of sticky inflation,” said Sam […]
Buying Will I Ever Be Able To Stop Dreaming And Buy A House? How To Make Your Dream of Homeownership a Reality According to a recent Harris Poll survey, 8 in 10 Americans say buying a home is a priority, and 28 million Americans actually plan to buy within the next 12 months. Homeownership provides many financial and nonfinancial benefits, so that interest is understandable. However, it’s unlikely all 28 million Americans […]
Buying Would You Consider A Smaller Option? A Smaller Home Could Be Your Best Option Many people are reaching the point in their lives when they need to decide where they want to live when they retire. If you’re a homeowner approaching this stage, you have several options to explore. Jessica Lautz, Deputy Chief Economist and Vice President of Research at the […]
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All Two Big Issues the Housing Market’s Facing Right Now The biggest challenge the housing market’s facing is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these two big issues in today’s […]
Selling Spring Could Be a Sweet Spot for Sellers  Some Highlights The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market. The housing market needs more homes for sale […]
All Mortgage Rates Up for Second Consecutive Week Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending today , showing the 30-year fixed-rate mortgage (FRM) averaged 6.32 percent. “Mortgage rates moved up for the second consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “The economy is showing signs of resilience, mainly due to consumer spending, and […]
All What’s Going on with Home Prices Now? The recent changes in home prices are top of mind for many as the housing market begins gearing up for spring. It can be hard to navigate misleading headlines and confusing data, so here’s what you should know about today’s home prices. Local price trends still vary by market. But looking at national data, Nataliya Polkovnichenko, […]
All Should You Consider Buying a Newly Built Home? If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built. The Number of Newly Built Homes Is on the Rise While there are more houses for […]
Buying You Can Fall In Love With Owning A Home No matter how the housing market changes, there are some things about owning a home that never change—like the personal benefits it can provide. When you own your home, you likely feel a sense of attachment because of the comfort it gives and also because it’s a space that’s truly yours. Over the last few years, we’ve […]
All What You Should Know About Closing Costs This cannot be stressed enough! Before you buy a home, it’s important to plan ahead. While most buyers consider how much they need to save for a down payment, many are surprised by the closing costs they have to pay. To ensure you aren’t caught off guard when it’s time to close on your home, you […]
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