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Is Finding a Home to Buy Easier Now?
One of buyers’ biggest hurdles over the past few years is the lack of homes available for sale. But that’s starting to change. The graph below uses the latest data from Realtor.com to show there are more homes on the market in 2024 than there have been in any of the past several years (2021-2023): Does That…
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Homebuyer’s Guide to Closing Costs
Before buying a home, you must plan for all the costs you’ll be responsible for. While you’re busy saving for the down payment, don’t forget you’ll also want to prep for closing costs. Here’s some helpful information on those costs and how much you should budget for them. What Are Closing Costs? A recent article from Bankrate explains: “Closing…
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Is Buying a Home Now a Smart Move?
Are you thinking about buying a home? If so, you’re probably wondering: Should I buy now or wait? Nobody can make the decision for you, but here’s some information to help you decide. What’s Next for Home Prices? Fannie Mae and Pulsenomics publish the Home Price Expectations Survey (HPES) results each quarter. It asks more than 100 experts—economists, real estate professionals,…
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4 Tips for Your Strongest Home Offer
Are you thinking about buying a home soon? If so, you should know today’s market is competitive in many areas because the number of homes for sale is still low, leading to multiple-offer scenarios. And moving into the peak homebuying season this spring, this is only expected to ramp up more. Remember these four tips to make…
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MAR – APR 2024 NEWSLETTER
Russell Wilson Out as Denver’s Quarterback: Fate of Cherry Hills Mansion in Limbo With rumors making waves in Denver’s real estate scene, star quarterback Russell Wilson and his wife, singer-songwriter Ciara, might be privately shopping their home. The property, which holds the record as the most expensive home ever sold in the Denver area, is seemingly open to offers…
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Your Home Is a Powerful Investment
Going into 2023, there was a lot of talk about a possible recession that would cause the housing market to crash. Some in the media were even forecasting that home prices would drop by as much as 10-20%, which might have made you feel a bit unsure about buying a home. But here’s what happened: home prices increased more than…
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Finding Your Perfect Home in a Fixer-Upper
If you’re trying to buy a home and have difficulty finding one you can afford, it may be time to consider a fixer-upper. That house needs a little elbow grease or some updates but has good bones. Fixer-uppers can be a great option if you want to break into the housing market or stretch your budget further. According to NerdWallet: “Buying a…
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Retire with Ease: Downsizing Benefits
If you’re looking at your expenses as you retire, saving money where you can has a lot of appeal. One long-standing, popular way to do that is by downsizing to a smaller home. When you think about cutting down on your spending, the odds are that you will feel like making frequent purchases, like groceries and other…
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Market Trends Report | MAR. ’24
As we enter March 2024, the real estate market has activity and notable developments. Let’s explore the latest insights and trends shaping the landscape for homebuyers and sellers this month. Insights from the Field FHA/VA Assumable Loans: Homebuyers seeking to capitalize on low rates may find FHA/VA assumable loans attractive. However, be prepared for varying…
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Mastering Credit Scores for Home Buying Success
If you want to buy a home, you should know your credit score is a critical piece of the puzzle when it comes to qualifying for a mortgage. Lenders review your credit to see if you typically make timely payments, pay back debts, and more. Your credit score can also help determine your mortgage rate. An article…