Whether you are trying to sell your home or are hoping to buy, the latest report from Fannie Mae’s Economic & Strategic Research Group shares a stronger market for your home. The Group report indicates a marked increase in consumer spending since 2010 and a “modest re-acceleration” is predicted for the rest of 2013 due…Read More »
Current market conditions may be tempting you to sell your home while demand is high and interest rates are low. However, before jumping into the sale of your home, you may want to spend a few minutes consulting with a local real estate professional, like me, to make sure you understand contingencies and what they…Read More »
Home buyers everywhere are bemoaning the lack of inventory and if you happen to be in the market to buy your home, there are a few things you should know when competing against multiple offers. When you find the perfect home, make an offer. Don’t wait, don’t bargain. Offer your best possible price and a…Read More »
Everywhere you look, there are buyers dealing with multiple offers. When you learn that the home you want is receiving multiple offers, it’s instinctual to have one of a few knee-jerk reactions: fail to take the situation seriously and go in low blindly throw money at the sellers panic/flail your arms/cry However, none of…Read More »
If you are selling a home in today’s market, chances are that you will have more than one offer. Sellers, you will see buyers and their agents do all kinds of things to win a multiple bid for your home…from writing love letters about your house, to removing loan contingencies, to removing appraisal contingencies, and…Read More »
How to Hold the Perfect Garage Sale When you need to either store or get rid of a lot of “stuff” to make your house look its best while on the market, holding a garage sale may be the ideal solution. Not only will your current house stage easier, but you will lighten the load…Read More »
Improving the landscape around your home is not just about good looks. Home value can also increase with fine-tuned and maintained landscaping. Before hiring a landscape designer to reconstruct your home, it’s helpful to compile a list of questions. You may share images of design styles and verify license and insurance, as well. The right…Read More »
The average fixed mortgage rate dropped again last week, according to the Primary Mortgage Market Survey® (PMMS®), providing more buying power and incentive if you are seeking to buy your home. The 30 year fixed decreased to an average 3.41% with a 0.7 point (last year’s same date comparison was at 3.90%). The 15 year…Read More »
The spring season tends to flood the housing market with buyers, and in markets with low inventory levels, the competition is stiff. In order to buy a home this season, it is essential for you to be the most attractive home buyer. As home prices continue to recover and interest rates remain at near-record lows,…Read More »
If you’re a first-time buyer, an itch to start looking at homes typically starts just after you make the decision to buy. The feeling may be so overwhelming that it’s the very first thing you do. That’s mistake number one: Looking at homes without knowing how much you can spend on a home isn’t just a…Read More »