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My Monthly Market Summary Market Summary for the Beginning of May 2024 Hello again, Hope you’re all doing well! (Click here to see What is my Home Value I will send you results within minutes.) **** **** **** Market Summary for the Beginning of May Here are the basics – the ARMLS numbers for May 1, 2024 compared with May 1, 2023 for all areas & types: Active Listings: 17,129 […]
Uncategorized Now’s a Great Time To Sell Your House Now’s a Great Time To Sell Your House Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move. Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondents who say it’s a good time to sell […]
Uncategorized What You Really Need To Know About Home Prices What You Really Need To Know About Home Prices According to recent data from Fannie Mae, almost 1 in 4 people still think home prices are going to come down. If you’re one of the people worried about that, here’s what you need to know. A lot of that fear is probably coming from what you’re hearing in […]
Uncategorized For Buyers and Sellers by Shawn With Coldwell Banker Realty
Uncategorized The Top 5 Reasons You Need a Real Estate Agent when Buying a Home The Top 5 Reasons You Need a Real Estate Agent when Buying a Home You may have heard headlines in the news lately about agents in the real estate industry and discussions about their commissions. And if you’re following along, it can be pretty confusing. But here’s the thing you really need to know – […]
My Monthly Market Summary Market Summary for the Beginning of April 2024 Market Summary for the Beginning of April Here are the basics – the ARMLS numbers for April 1, 2024 compared with April 1, 2023 for all areas & types: Active Listings: 17,025 versus 13,933 last year – up 22% – and up 2.8% from 16,568 last month Pending Listings: 5,371 versus 5,701 last year – down […]
Uncategorized Market Summary for the Beginning of March 2024 Hello, Market Summary for the Beginning of March Here are the basics – the ARMLS numbers for March 1, 2024 compared with March 1, 2023 for all areas & types: Active Listings: 16,568 versus 14,739 last year – up 12% – and up 6.4% from 15,574 last month Under Contract Listings: 8,693 versus 9,109 last year […]
Uncategorized 4 Tips To Make Your Strongest Offer on a Home 4 Tips To Make Your Strongest Offer on a Home Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low – and that’s leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this […]
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Uncategorized The Best Week To List Your House Is Almost Here The Best Week To List Your House Is Almost Here Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends over the past several years […]
Uncategorized Things to Consider When Buying a Home Things to Consider When Buying a Home The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. You may be wondering if now is a good time to buy a home … or if interest rates are projected to rise or fall. I put together […]
Uncategorized What To Know About Credit Scores Before Buying a Home What To Know About Credit Scores Before Buying a Home If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make payments on time, pay back debts, and more. Your […]
Uncategorized The First Step: Getting Pre-Approved for a Mortgage The First Step: Getting Pre-Approved for a Mortgage [INFOGRAPHIC] Some Highlights If you’re looking to buy a home in 2024, getting pre-approved is a key piece of the puzzle. Mortgage pre-approval means a lender checks your finances and decides how much you’re qualified to borrow. As more buyers re-enter the market, it’ll help you make a strong offer that stands out from the […]
Uncategorized Why We Aren’t Headed for a Housing Crash Why We Aren’t Headed for a Housing Crash If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. Today’s market is very different […]
Uncategorized Why You Want an Agent’s Advice for Your Move Why You Want an Agent’s Advice for Your Move No matter how you slice it, buying or selling a home is a big decision. And when you’re going through any change in your life and you need some guidance, what do you do? You get advice from people who know what they’re talking about. Moving is no exception. You […]
Uncategorized Why Today’s Housing Supply Is a Sweet Spot for Sellers Why Today’s Housing Supply Is a Sweet Spot for Sellers Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why. An article from Calculated Risk shows there are 15.6% more homes for sale now compared […]
Uncategorized Expert Home Price Forecasts for 2024 Revised Up Expert Home Price Forecasts for 2024 Revised Up Over the past few months, experts have revised their 2024 home price forecasts based on the latest data and market signals, and they’re even more confident prices will rise, not fall. So, let’s see exactly how experts’ thinking has shifted – and what’s caused the change. 2024 Home Price […]
Uncategorized Some Experts Say Mortgage Rates May Fall Below 6% Later This Year Some Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. And if you’re looking to buy or sell […]
My Monthly Market Summary Market Summary for the Beginning of February 2024 Hello, Market Summary for the Beginning of February Here are the basics – the ARMLS numbers for February 1, 2024 compared with February 1, 2023 for all areas & types: Active Listings: 15,574 versus 15,598 last year – down 0.2% – but up 7.1% from 14,543 last month Pending Listings: 4,576 versus 5,109 last year – […]
Uncategorized 3 Key Factors Affecting Home Affordability 3 Key Factors Affecting Home Affordability Over the past year, a lot of people have been talking about housing affordability and how tight it’s gotten. But just recently, there’s been a little bit of relief on that front. Mortgage rates have gone down since their most recent peak in October. But there’s more to being able to afford […]
Mortgage Rates 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers 2 Reasons Why Today’s Mortgage Rate Trend Is Good for Sellers If you’ve been holding off on selling your house to make a move because you felt mortgage rates were too high, their recent downward trend is exciting news for you. Mortgage rates have descended since last October when they hit 7.79%. In fact, they’ve been below 7% for […]