No Bubble Here! How Mortgage Standards Are Helping

Real estate is shifting into a more normal market pattern. The days of national home appreciation topping 6% annually are over. Inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling down as it did in 2008. There is no bubble here! … Continue reading No Bubble Here! How Mortgage Standards Are Helping

Easy Ways To Stage On A Budget

WAYS TO STAGE A HOME WITHOUT SPENDING A FORTUNE You know you need to make your house look good to sell it. You know you need to stage it, you know you don’t want to spend a lot of money. You need to stage on a budget! A huge part of any home showing is … Continue reading Easy Ways To Stage On A Budget

The Tale of Two Markets

The Tale of Two Markets – Is it a Buyers Market or a Sellers Market? Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! … Continue reading The Tale of Two Markets

Homeowners Aged 65+ More Net Worth Than Renters

Homeowners 65+ Are Found to Have a Considerably Higher Net Worth Than Renters Their Age Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 … Continue reading Homeowners Aged 65+ More Net Worth Than Renters

Why Your Home is Worth Less As Interest Rates Rise

INTEREST RATES AFFECT HOUSE VALUES After a decade of interest rates being near record lows, the Federal Reserve has gradually been increasing rates at a slow and steady pace. Rising interest rates are a sign of a healthy economy – the Federal Reserve is not in the business of making rates higher than the economy … Continue reading Why Your Home is Worth Less As Interest Rates Rise

7 Reasons to List Your House For Sale This Holiday Season

Every year at this time there are many homeowners who decide to wait until after the holidays to list their homes for the first time, while others who already have their homes on the market decide to take them off until after the holidays. In Southwest Florida we are just entering our busy sales season … Continue reading 7 Reasons to List Your House For Sale This Holiday Season

10 Things you can do to “Add Value” to Your Home

Are you thinking about selling your house someday? Here are some things you can do to add value to your home now. 1. Even though your home is not for sale, take a tour of your home as if you were a potential buyer. Turn a critical eye to the small things you’ve overlooked or … Continue reading 10 Things you can do to “Add Value” to Your Home

What’s Going On With Home Prices?

What’s Going On With Home Prices? According to CoreLogic’s latest Home Price Insights Report, national home prices in August were up 5.5% from August 2017. This marks the first time since June 2016 that home prices did not appreciate by at least 6.0% year-over-year. CoreLogic’s Chief Economist Frank Nothaft gave some insight into this change, … Continue reading What’s Going On With Home Prices?

Are Home Prices Softening or Are They Falling?

Are Home Prices Softening or Are They Falling? We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many headlines written to address the impact that these two situations … Continue reading Are Home Prices Softening or Are They Falling?

Your Friends Are Crazy Wrong If They’re Telling You Not to Buy

Your friends will always have an opinion, but you have to do what is right for you! The current narrative is that home prices have risen so much so that it is no longer a smart idea to purchase a home. Your family and friends might suggest that buying a home right now (whether a … Continue reading Your Friends Are Crazy Wrong If They’re Telling You Not to Buy