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All Financial Market Turbulence This Week Causes Pullback in Mortgage Rates Freddie Mac released its Primary Mortgage Market Survey® (PMMS®) today March 16, 2023, revealing that the 30-year fixed-rate mortgage averaged 6.60 percent, down from 6.73 percent the previous week. The 15-year FRM also decreased from 5.95 percent to 5.90 percent. However, both rates are significantly higher than a year ago when the 30-year FRM averaged […]
All What Buyer Activity Tells Us About the Housing Market Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can […]
Buying Balancing Your Wants and Needs as a Homebuyer This Spring Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% […]
All Seeking Clarity in Today’s Housing Market? The housing market has been going through shifts lately. That’s why it’s so important to work with an industry professional who can be your guide throughout the process. A real estate expert uses their knowledge of what’s really happening with home prices, housing supply, expert projections, and more to give you the best advice. Someone who can provide […]
Selling Leverage Your Equity When You Sell Your House One of the benefits of being a homeowner is that you build equity over time. By selling your house, that equity can be used toward purchasing your next home. But before you can put it to use, you should understand exactly what equity is and how it grows. Bankrate explains it like this: “Home equity is the portion of […]
Videos Thing About Selling or Bying A Home This Spring?
Buying Buying a Home May Make More Sense Than Renting Some Highlights If you’re trying to decide whether to rent or buy a home, there are a few things you should consider. Homeownership can help you escape the cycle of rising rents, builds your wealth, and serves as a hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.
All Mortgage Rates Continue to Increase  Freddie Mac  today released the results of its Primary Mortgage Market Survey® (PMMS®) for the week ending 03/069/2023, showing the 30-year fixed-rate mortgage (FRM) averaged 6.73 percent. “Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy,” said Sam Khater, Freddie Mac’s Chief Economist. “Overall, consumers are […]
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Buying  Tips for Making Your Best Offer on a Home Are you planning to buy a home this spring? Though things are more balanced than they were at the height of the pandemic, it’s still a sellers’ market. So, when you find the home you want to buy, remember these four tips to make your best offer. 1.Lean on a Real Estate Professional Rely on an […]
Selling Selling? Two Things To Know This Spring A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and […]
Buying Is A Multigenerational Home Right for You? During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home where families live in the same home […]
Buying Is It Better To Rent Than To Own a Home Right Now? You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. A lot of the time, these reports are assuming things that aren’t realistic for the […]
Videos Price It Right When You Sell
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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