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3 Signs the Housing Market Is on the Rebound

By |2019-10-03T10:00:41+00:00October 3rd, 2019|

The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound. 1. Existing Home Sales (closed sales) are up, marking two consecutive months of growth. 2. Pending Home Sales (contracts signed) are up with each of the

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

By |2019-10-02T10:00:51+00:00October 2nd, 2019|

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 your home running efficiently, not only

What to Expect from Your Home Inspection

By |2019-10-01T10:00:33+00:00October 1st, 2019|

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 to cover repairs, or in some

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

By |2019-09-30T10:00:21+00:00September 30th, 2019|

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 supply, as well as the market’s demand for the item. The National

Is Your House “Priced to Sell Immediately”?

By |2019-09-23T10:00:39+00:00September 23rd, 2019|

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 have risen at over 6% a year

4 Reasons to Sell This Fall [INFOGRAPHIC]

By |2019-09-20T10:00:49+00:00September 20th, 2019|

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.  

One of the Top Reasons to Own a Home

By |2019-09-19T10:00:40+00:00September 19th, 2019|

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 between the value of the home and

What Buyers Need to Know About HOAs

By |2019-09-18T10:00:17+00:00September 18th, 2019|

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 HOA helps ensure that your community looks

Home Prices Increase in Every Price Range

By |2019-09-17T10:00:50+00:00September 17th, 2019|

Price appreciation can differ depending on your price range. CoreLogic analyzed four individual home prices tiers and shares the increase in each one. CoreLogic’s Home Price Index (HPI) Report revealed, “National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.” They also

Things to Avoid After Applying for a Mortgage

By |2019-09-16T10:00:44+00:00September 16th, 2019|

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 be able to tell you how