Why Have Interest Rates Jumped to a 7-Year High?

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors. Sam Khater, Freddie Mac’s Chief Economist, had this to [...]

May is the BEST month to sell! According to a newly released study by ATTOM Data Solutions, selling your home in the month of May will net you an average of 5.9% above estimated market value for your home. For the study, ATTOM performed an “analysis of 14.7 million home sales from 2011 to 2017” and found the average seller premium achieved for each month of the year. Below is a breakdown by month: [...]

The real estate market in our area is enjoying a pretty good run, many people are deciding to become real estate agents to make what they think is easy money. Real estate in the Englewood and Boca Grande areas are desirable but the market can be competitive depending on where a homebuyer plans to invest. But that does not mean that all [...]

Housing Bubble Forming…Not Before 2024!

Housing bubble forming?  A recent report by CoreLogic revealed that U.S. home values appreciated by more than 37% over the last five years. Some are concerned that this is evidence we may be on the verge of another housing bubble AKA, “boom & bust” like the one we experienced from [...]

The spring season is fast approaching. With more sellers on the market this time of year, it will mean more competition to sell your home quickly and for the right price. An experienced real estate agent is a valuable partner in this process, we will handle things like marketing the property, holding open houses, helping you set a listing [...]

What Impact Will The New Tax Code Have On Home Values? Every month, CoreLogic releases its Home Price Insights Report. In that report, they forecast where they believe residential real estate prices will be in twelve months. Below is a map, broken down by state, reflecting how home values are forecasted to change by the end of 2018 [...]

Have you resolved to build wealth in 2018? Home ownership may be the key. Over the next five years, home prices are expected to appreciate on average by 3.35% per year and to grow by 24.34% cumulatively, according to Pulsenomics’ most recent [...]

You first step in the home buying process should be to get pre-approved In our market, the number of buyers searching for their dream homes greatly outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get [...]

So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found it! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! [...]

The National Association of Realtors (NAR) released the results of their latest Existing Home Sales Report which revealed that sales rose 0.7% month-over-month, but remain 1.5% lower than they were a year ago. Some may look at these numbers and think that now is not a good time to sell their house, but in fact, the opposite is true.

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