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The biggest transformation happened in the primary and hall bathrooms. We tore out dated carpet (yes...carpet in the bathrooms!), replaced the vanities, installed beautiful new tile surrounds in the tub and showers, and upgraded the primary bath with a gorgeous new soaking…
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Despite everything going on, buyer demand has been remarkably resilient.In fact, more sellers are getting to put up the “pending sale” sign now than during the last two years. What's even more surprising is that they're doing it at a time of year when activity usually…
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This isn't 2020 or 2021. It was never going to be. Those were the "unicorn years" – historic low mortgage rates, bidding wars on everything, homes flying off the market in days. That kind of market was a once-in-a-generation anomaly, not a baseline. So, when people…
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One of the biggest reasons mortgage rates haven't come down yet is inflation. And higher energy prices and uncertainty overseas are at least part of the reason inflation is still elevated. The encouraging news?
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Markets where inventory has climbed back to, or above, normal pre-pandemic levels are seeing prices flatten or fall slightly. Markets where inventory is still well below those 2019 benchmarks are still seeing prices rise.
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Once the renovations were complete, we were able to position the home much differently in the market. Thanks largely to the beautifully updated bathrooms, we increased our planned list price by $100,000.
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While waiting sounds like a good plan, there's something worth knowing before you decide. Rates aren’t expected to change much, so if that’s the #1 reason you’re waiting, it may not pay off. And there may be other things you miss out on in the meantime.
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Budget is the biggest factor when deciding where to move. And it's led a growing number of people to do one thing – broaden their search to include more affordable areas they hadn't seriously considered before.
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Earnest money is a good-faith deposit that demonstrates a buyer's commitment to purchasing a property. The contract specifies exactly when those funds must be delivered. Missing that deadline can put the buyer in default of the contract.
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National Association of Realtors (NAR) shows 1 in 5 buyers last year said they felt like they had to purchase a home at that time, no matter the market.
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A recent study by CNBC asked homebuyers what they’re most worried about, and three themes kept coming up again and again:- Mortgage rates- The number of homes for sale- Home pricesBut a lot of what you may be hearing on those is based more on misconceptions. Not…
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While recent events do have some impact on the housing market, they don’t take buying off the table. You just have to use a different strategy.
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