Market Conditions

Many Factors Determine Your Home’s Value

Whether you are thinking about putting your home on the market or simply want to keep up with the market value of your largest investment, it’s helpful to understand the primary factors that can impact your home’s value. While homes in the same neighborhood may have comparable values, a number of things go into determining a home’s value that can differ from home to home. Here is a look at some of...

Choosing Your Real Estate Agent When Family Ties Become Part of the Picture

You never know how many family members are in real estate until word gets out that you are putting your house on the market. While your family member may be a very competent real estate agent, if you’re choosing an agent based only on the fact that they are a relative, you could be in for a bumpy road. Here are some things to think about when a family member wants to list your home: Revealing...

Empty Nester? 3 Things to Ask Before You Downsize to a Smaller Home

If you are about to become an empty nester–or even if you’ve been one for a while now–you may be thinking about downsizing from the family home. After all, bigger isn’t always better, especially once the kids are out of the house and you start to find you’ve got a lot more space than you know what to do with. The larger the home, the more time and money it takes to maintain.  Downsizing...

Your Debt-to-Income Ratio: What It Is and How it Impacts Your Ability to Get a Mortgage

Your debt-to-income ratio is one of the key factors in qualifying for a new home loan. But how much do you really know about this important calculation and what can you do to move it in your favor? Your debt-to-income ratio, or DTI, is used by mortgage lenders in making a decision regarding your worthiness for a home loan. If your DTI is too high, you could end up paying a higher interest rate or worse...

When the Offer Includes a Contingency: What Home Sellers Need to Know

When you’ve got your home listed, getting an offer can be exciting. And, in today’s market, it’s more likely you’ll be looking at multiple offers at one time. Comparing those offers can be a challenge, particularly when it comes to understanding the contingencies that you might see. Read on to learn what you need to know as the seller. Three common contingencies While these are common...

20 Home Maintenance Hacks Every Homeowner Should Know

Maintaining a home, and all it holds, is an important part of being a homeowner. Keeping your house is good repair not only protects your investment, but ensures you a living space that you can enjoy to the fullest. But, keeping ahead of all the tasks that can pile up on your to-do list isn’t always easy.  Here are 20 hacks that can make home maintenance and everyday repairs a bit easier: 1....

Escalation Clause: Love It or Hate It, Here’s What Homebuyers Need to Know

With buyer competition reaching new heights, it’s no wonder homebuyers feel they need to pull out all the stops to ensure their offer rises to the top. There’s nothing like the frustration of losing out on a house that checked all your boxes—especially if it turns out to be a matter of a few thousand dollars you would be willing to throw into the deal, if given the chance. Pursuit of the top...

What it Takes: Preparing to Make a Winning Offer on Your Next Home

It’s never fun to lose out on the house you had your heart set on. Unfortunately, when inventories are tight, that scenario can play again and again. The result of not being able to move when you want to can make the whole scenario very challenging. So, how do you get the edge over other buyers and land the home of your dreams?  As your real estate agent, there are a number of strategies and...

Numbers Game: What Credit Score Do You Need to Buy a House in Today’s Real Estate Market?

When it comes to credit scores and applying for a home mortgage, your first thought may fall to whether or not you qualify. But, your credit score not only plays a critical role in your ability to qualify for a home loan, its influence continues when it comes to your down payment requirements, interest rates and other mortgage terms. Here’s what you need to know: Minimum score to qualify The four...

Thinking About Listing Your Home? Here’s Why You May Want to Sell Sooner Rather than Later

Housing inventory was thin going into the pandemic and has remained that way into 2021. Part of the reason is that homeowners who would have put their house up for sale in a normal year, held back.  With low interest rates continuing to drive demand and low inventory keeping the market extremely competitive, the simple economic laws of supply and demand have led to rising home prices amidst a...

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