The Market So Far in 2024

2023 was a challenging year for many buyers. Mortgage rates and residential real estate prices surged, and average monthly mortgage payments hit record levels. The good news is that the housing market is off to a good start in 2024 as consumers benefit from falling mortgage rates and more stable home prices. Monthly mortgage payments…

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Take the Plunge or Play It Safe?

Sellers and buyers alike are asking if now is the right time to buy or sell a home. There is no crystal ball. Even the experts can’t say how the market will be months from now. So really, the question is, is it the right time for YOU to take the plunge or should you…

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Real Estate Trends

Real estate is a dynamic entity. The market ebbs, flows, and evolves—it often seems to have a life of its own! Below are a few aspects of the current market in this unprecedented time that are worthy of attention. Homeowners Are More Tied to Their Home Than Ever In a recent survey by Unison, 70%…

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Understanding Closing Costs

Most folks understand that when planning to purchase a home, they need to have money ready for a down payment. Another item they should plan for is the Earnest Money Deposit, or Initial Deposit, which is typically a percentage of the sales price and is usually paid within three days after their offer is accepted.…

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Buying and Selling in Today’s Market

While it is true that there are some buyers and sellers who have experienced challenges in today’s real estate market, there are many others who have had great success! Below are some tips to consider when buying or selling in the current market. Buying in Today’s Market The best strategy as a buyer is to…

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Ready, Set, List!

It’s that time again—time for sellers to prepare their homes for a spring sale! Spring is the high season for selling homes—yards are lush, flowers and foliage are in bloom, and interiors are brighter. If you are listing your home, consider these proven tips to prepare to go to market for top dollar. Update what’s…

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What to Expect When Buying a Property

For most Buyers, purchasing a property is a combination of excitement and stress. Knowing what to expect with the process can help Buyers from feeling so overwhelmed. Build a Team Assume the Buyer has found an Agent to represent them, which can be a process in itself! The next step is to determine what the…

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Ready, Set, Sell!

Selling your home is a business transaction, and you are its project manager. It sounds simple and logical, yet many sellers do not have this mind set and continue to make decisions based on emotion vs a business perspective. It is challenging to take down adorable family photos and the floral drapes you had custom…

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Basic Economics

Anyone who has taken a basic economics class will recall the principle of supply and demand. The basic tenet of this principle is that, when demand for goods or services is high and supply of goods or services is low, prices go up. When demand is low but supply is high, prices drop. The concept…

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Options for Holding Real Property Title

Title to real estate is the method by which ownership is conveyed and transferred during real estate purchases and sales. There are different kinds of real estate title, and it is important to know about these differences so you can decide which method best suits your needs and situation. What Is a Title? The term…

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