Q: Are interest rates expected to rise over the next year?⠀⠀⠀⠀⠀⠀⠀ /*! elementor - v3.22.0 - 26-06-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} Q: Are interest rates...
Buying
For my chart lovers and friends that love economics! 📈❤️ For my chart lovers and friends that love economics! 📈❤️ When supply rises and demand drops, the unsold inventory climbs. When supply drops and demand rises, the unsold inventory falls.📈❤️ Prior to the start of the Great Recession housing data illustrated market conditions that were lining up in...
How’s the market? 📊 /*! elementor - v3.22.0 - 26-06-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} How’s the market 📊? Well, when when you compare the share of housing inventory versus the share of...
Landlord tips: How to rent your property out quickly 💨 to a good tenant. 1️⃣ Make it look as nice as possible 👍🏾. Remember you were a tenant once and think how many scuzzy properties 🏚 you went to see before landing upon something decent in your budget. I have tons of tips and videos on staging your property yourself on...
🦋🌸 The big question right now is “when are there going to be more homes coming on the market, and how many?” Well, it has finally started-other than the ultra-luxury market (homes over $3M), the active listing inventory rose in each price point. And this is consistent with what we have seen historically regarding inventory. *** This historic 5-year average is...
Why It’s Important to Price Your House Right Today Even in today’s sellers’ market, setting the right price for your house is key 🔑. ⠀⠀⠀⠀⠀⠀⠀⠀⠀🔑 When it comes to setting the right price for your house, the goal is to increase visibility and drive more buyers your way. Instead of trying to win the negotiation with one buyer, you should price your...
Do I really need 20% down payment in order to buy a home? REAL TALK: No BUT....💰 So yes, there are several lenders that will lend to you with a smaller than 20% downpayment. Sometimes significantly smaller. The median down payment actually hasn’t been over 20% since 2005, and even then, that was for repeat buyers, not first-time homebuyers. 💰 However, here's...
🏠 Real advice, straight no chaser, on how to win in multiple offer scenarios this spring from someone who represents a lot of buyers (many who are now homeowners!) 🏠 🏠 1) BE QUICK. Are Saturdays the most convenient day for you to see homes? TOO BAD. Not kidding, and not trying to be insensitive, but if a house hits the market on a Monday,...
Five Don'ts After Applying for a Mortgage! /*! elementor - v3.22.0 - 26-06-2024 */ .elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block} 😬 I am embarrassed to admit, that despite knowing ALL of the above, when I was in escrow...
3 Reasons We Are Not in a Housing Bubble 🎈🌵Housing supply is extremely limited In real estate, supply and demand is measured in “months’ supply of inventory”, which is based on the number of current homes for sale compared to the number of buyers in the market. The normal months’ supply of inventory for the market is about 6 months....