Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more ..read more

If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help you make your decision. The Future of Home Price Appreciation Each quarter, Pulsenomics surveys a national panel of over 100 economists, real estate experts, and investment and market strategists to compile projections for the future of home price appreciation. The output is the Home Price Expectation Survey. In the latest r ..read more

2020 will be the year remembered for so many things and one of which is the upcoming election between Donald Trump and Joe Biden. Many people have been askin... This year has been pretty crazy! As we come to the end of the year with the presidential election, a lot of people are curious about what's going to happen with the real estate market. And I think it's important to look at how the market has responded to past presidential election years. One big question that a lot of people have is if there's a drop off in home sales in a presidential election year. BTIG, a research and analysis comp ..read more

What happens when your home doesn't sell? It could be a few things such as it wasn't priced properly, but one of the BIGGEST reasons I find is that your home... What happens when your home doesn't sell? It could be a few things such as it wasn't priced properly, but one of the BIGGEST reasons I find is that your home wasn't properly marketed and exposed to the right buyer! Find out how to get your home in front of the right buyer today! If you'd like a copy of my Property Marketing Plan that I use and follow for my sellers CLICK HERE ..read more

“2020 will be known for a lot of things, and a record-breaking year for real estate will certainly be one of its more unexpected legacies,” prominent economist Daryl Fairweather said.1 And he’s right: most of us would have expected the housing market to suffer from circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages. But, rather than a slowdown, we are continuing to experience a surprisingly robust real estate market across the country. And experts estimate that these conditions are likely to last well into the new year. Fannie Mae Senior VP and Chief Econo ..read more

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Today I want to talk about down payments and the different options you have when it comes to buying a house. One of the biggest misconceptions for first time home buyers is how much you'll need to save for a down payment. Contrary to popular belief, you don't always have to put 20% down to buy a house. So here's how it breaks down. A recent survey by Point2Homes mentions that 74% of millennials say that they're interested in purchasing a home over the next 12 months ..read more

You may be reading headlines and hearing talk about a potential housing bubble or a crash, but it’s important to understand that the data and expert opinions tell a different story. A recent survey from Pulsenomics asked over one hundred housing market experts and real estate economists if they believe the housing market is in a bubble. The results indicate most experts don’t think that’s the case (see graph below): As the graph shows, a strong majority (60%) said the real estate market is not currently in a bubble. In the same survey, experts give the foll ..read more

In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always been so low. Freddie Mac began tracking 30-year mortgage rates in 1971. At that time, the national average was 7.31%.2 As the rate of inflation started to rise in the mid-1970s, mortgage rates surged. It’s hard to imagine now, but the average U.S. mortgage ..read more

No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into a new place. Almost all sellers want to make the most money possible. Whatever your circumstances, the road to the closing table can be riddled with obstacles — from issues with showings and negotiations to inspection surprises. But many of these complications are avoidable when you have a skilled and knowledgeable real estate agent by your side. For ..read more

Pricing your home right is the most ESSENTIAL and VALUABLE thing you can do when it comes to listing your home. By pricing your home right you will attract t... Get Your FREE Comparative Market Analysis I want to talk about a topic of conversation that I've been having with a few sellers about how to price your home and strategy about pricing your home so that you can maximize your profits and attract the most buyers. Today, we're going to be talking about why pricing your home right is essential. And it's one of the most valuable things that you can do as a seller. According to the US econom ..read more