I don't think any of us really know what the future for the housing market holds. However, this video explains a lot about what those who make decisions for our economy look at at. Being educated on how this works and what to look at can help one be just a little more cause in this arena. Take a few minutes, about 30, and listen to what this real estate expert has to...
Real Estate
At the end of September, gasoline prices were 25.6% higher than a year ago, well above the overall inflation rate. Frankly, the best way to save on gasoline is to use less of it. To do this, studies show that the single biggest factor that affects your vehicle’s fuel economy is how you drive. Here are some fuel-saving driving tips along with other advice from experts that can reduce your visits to those...
This is an article from EPOCH Times. It gives great advice for Homebuyers to look at when purchasing a home. Over the past two years, houses nationwide were going like hotcakes, with sellers often receiving tens or even hundreds of thousands of dollars over asking price. Buyers often waived inspections and picked up some of the sellers’ costs in dire hopes of securing that coveted single-family...
Hello Buyers, Yes the rates are up, but what does that really mean for you as the buyer. Let's take a look at all that. The rate increases have corrected the hyperaggressive sellers' market that has been a product of the historically low rates the last 5 years. Scales have tipped back in the buyers' favor, no more extra cash needed to offer way over asking price, no waiving inspections, or having...
This was sent to me by one of my lenders, Jason Pike with Waterstone Mortgage. I thought it was really great and wanted to pass it on. You can either run from the challenge, “by ignoring the present, calming yourself by thinking this will all be over in 3 to 6 months” or you “jump into the reality of today with the attitude of not concerned on how long this will last”. You adapt your business...
NATIONAL MARKET UPDATE AS OF 9/19/2022 The National Association of Realtors reports active housing market inventory continues to grow, up 27% from a year ago. Versus last year, shoppers have more homes to consider, although inventory still isn’t back to pre-pandemic levels. A recent study reveals adults with school-aged children will account for nearly one in four home sales over the next 10...
There is joy that comes from owning your own home, but there are responsibilities you must stay on top of. It is important that you avoid putting off key home maintenance items when they come up. Doing a small but necessary job now can help you avoid a big, costly problem later. Attending to these things is not that difficult or expensive—and it will save you money overall. Here is a list of...
Labor Day normally indicates the end of summer and the beginning of fall. Schools have started and families are back to a more stable routine. Now how does this all effect the housing market? Well, here is what is being said about it nationally: In July, total residential construction spending fell 1.5% below June’s revised estimate, to a $920.4 million annual rate. However, that number is...