Are Home Prices Finally Coming Down? Let’s Find Out!
Brownell Team Realtors Blog
by David Brownell
3d ago
Here’s what you need to know about the future of home prices.  With the recent substantial increase in mortgage interest rates, many homeowners have been asking, “Will this finally cause home prices to drop?” The answer isn’t cut and dry. In a market where rates are predicted to rise even further this year, buyer affordability could take a serious hit. To give you a better idea of whether your home is expected to lose value in the coming months, I’m going to address three key points that are currently keeping home prices high. 1. Low inventory. Fewer homes in the market means that th ..read more
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3 Ways To Discover What Your Home Is Really Worth
Brownell Team Realtors Blog
by David Brownell
1M ago
Three useful strategies to help you determine your home’s value. Whether you're considering selling, refinancing, or simply curious about your property's value, understanding how to determine your home's worth is crucial. Today, we'll explore three essential strategies to help you unveil the mystery behind your home's market value. 1. Research comparable sales (comps). One of the most reliable methods for determining your home's worth is researching comparable sales, often called "comps." This strategy involves analyzing recently sold properties in your neighborhood that are similar to yours i ..read more
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Master the Las Vegas Home Buying Market: Your Ultimate Guide
Brownell Team Realtors Blog
by David Brownell
1M ago
Learn the secrets to buying your dream home with our expert guide. Finding your dream home requires more than just casual browsing. Our Home Buyer Master Class is designed to guide you through the intricate process of purchasing a home in the bustling Greater Las Vegas area. Here, we'll share the nine essential secrets to securing your ideal property. Our approach is built on three foundational elements: 1. Identifying your non-negotiables. Understanding what you can't live without in your future home is the first step. Whether it's the location, the number of bedrooms, or specific amenities ..read more
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Avoid These 4 Common Credit Score Mistakes
Brownell Team Realtors Blog
by David Brownell
3M ago
Here’s what you need to know about keeping your credit score high.  In this tough market, you need every advantage you can get. That’s why having the best credit score possible is so important. Today, let's discuss four things to steer clear of if you want to maintain a healthy credit rating: 1. Closing credit cards or accounts. Closing a credit card or account can negatively impact your credit score by reducing your utilization. Keeping cards open with low balances showcases responsible money management and a lower credit utilization ratio, portraying you as a prudent financial manager ..read more
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Will Buyer’s Agents Become a Thing of the Past?
Brownell Team Realtors Blog
by David Brownell
4M ago
Here’s what homebuyers need to know about the recent real estate lawsuit.  Are buyer Realtors a thing of the past? A recent resolution in a Missouri lawsuit stirred up discussions, concluding that the existing system for compensating buyers, agents, and sellers in real estate transactions was flawed. Perhaps it was time for a change in this system. But what does this mean for you, the prospective homebuyer? First and foremost, I recommend continuing to enlist the services of a real estate professional. The complexities of home buying and selling have increased in recent times, with more d ..read more
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4 Ways To Improve Your Credit Score in a Shifting Market
Brownell Team Realtors Blog
by David Brownell
4M ago
Here are four ways homebuyers can improve their credit scores.  Let’s face it: This market is tough for homebuyers. They may face challenges in an environment where they're paying top dollar, with interest rates impacting their payments. However, one area where buyers can gain an advantage is by working on and improving their credit scores. Here are four actionable steps to enhance your credit score, leading to better loan programs and improved interest rates: 1. Review your credit reports. Obtain a copy of your credit reports and meticulously examine them. Look for errors and outdated cr ..read more
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Maximize ROI: Use Our Tools for a Strategic Home Upgrade
Brownell Team Realtors Blog
by David Brownell
5M ago
We’re excited to introduce to you our latest home upgrade tools. Homeowners often wonder which items to upgrade and which to leave alone when considering modernizing or enhancing their house. We'll guide you on what pays off and what doesn't. To help you with your home upgrade, we're introducing two new tools: the Home Improvement Audit and the Home Staging Walkthrough. The Home Improvement Audit helps determine if upgrades will add value, offering personal or virtual assessments to identify areas for improvement that could enhance your property's worth. We understand the importance of investm ..read more
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Discover Your Home's Worth with Our Workshop
Brownell Team Realtors Blog
by David Brownell
6M ago
Gain valuable insights on your property’s worth and real estate options. Are you contemplating selling your home or simply curious about its current value and the changes it's undergone in the past couple of years? Today, we've got the answers you've been seeking. Whether you're in the market to sell or planning to stay put for the foreseeable future, our Home Seller Workshops are designed to provide invaluable insights. We're taking these workshops on the road, coming soon to a neighborhood near you. Our aim is to empower you with knowledge that not only helps you make informed decisions if y ..read more
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Can You Really Trust Zestimates? Expert Explains
Brownell Team Realtors Blog
by David Brownell
6M ago
Can you really trust online home valuation tools like Zestimates? Most people have heard of Zillow, and if you haven't, it's a popular real estate website that millions of Americans and even individuals worldwide visit to search for real estate listings. Research has shown that people are now more likely to type 'Zillow' into their search engines than 'real estate,' demonstrating its popularity among consumers. Zillow provides a valuable tool within its platform known as the 'Zestimate.' This online valuation tool has become a relied-upon resource for the American public, often considered an o ..read more
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Deciphering the August Real Estate Numbers: Key Insights
Brownell Team Realtors Blog
by David Brownell
7M ago
Understanding the recent shifts in the real estate market. The August real estate numbers have arrived, and they reveal some intriguing trends in the market. Today, we'll break down the key highlights and offer insights into what these numbers mean for potential buyers and sellers. 1. Increasing inventory. One notable trend is the second consecutive month of increased inventory. As we predicted, the end of the high season has brought about a rise in housing inventory. August saw nearly 4,700 available units, up from 4,200 just two months ago. This uptick in inventory has given buyers more opti ..read more
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