Rising mortgage rates are forcing buyers off of the fence to make a purchase before rates and prices climb higher. Here's why...
The Best Week to List Your House… it’s almost here!
The Best Week To List Your House Is Coming Up Are you thinking about selling your house? If so, you may want to make it a priority to start the process soon. According to realtor.com, the sweet spot for sellers is just around the corner. In a recent study, experts analyzed housing market trends by looking at data …
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Thinking Strategically in Today’s Real Estate Market
How To Think Strategically as a Buyer in Today’s Market The game of chess can provide incredible lessons to apply to all aspects of life, including the homebuying process. Chess requires you to plan and think about your strategy from the very beginning of the game. The homebuying process, like chess, requires strategy and planning. …
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Will Home Sales Surge this Winter?
Home Sales About To Surge? We May See a Winter Like Never Before. Like most industries, residential real estate has a seasonality to it. For example, toy stores sell more toys in October, November, and December than they do in any other three-month span throughout the year. More cars are sold in the U.S. during …
What Buyers and Sellers Need to Know about the Appraisal Gap
It’s economy 101 – when supply is low and demand is high, prices naturally rise. That is the simple principle that accounts for today’s housing market. Home prices are appreciating at near-historic rates, and that’s creating some challenges when it comes to home appraisals. In recent months, it’s become increasingly common for an appraisal to come in below …
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How Upset Should you be about 3% Mortgage Rates?
Last Thursday, Freddie Mac announced that their 30-year fixed mortgage rate was over 3% (3.02%) for the first time since last July. That news dominated real estate headlines that day and the next. Articles talked about the “negative impact” it may have on the housing market. However, we should realize two things: 1. The bump-up in rate should …
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How Smart Is It to Buy a Home Today?
Whether you’re buying your first home or selling your current house, if your needs are changing and you think it could be time for a move, the decision can definitely feel complicated (and overwhelming).. You need to take personal and professional considerations into account, and only you can judge what impact those factors should have …
Why (and How) to Price a Home Right!
Why It’s Important to Price Your House Right Today Even in today’s sellers’ market, setting the right price for your house is one of the most valuable things you can do. According to the U.S. Economic Outlook by the National Association of Realtors (NAR), existing home prices nationwide are forecasted to increase by 4.5% in 2021. This means experts anticipate home …
Home Values Projected to Keep Rising
Despite the lingering impact of Covid-19, we will likely see home values continue to rise higher given the continued lack of inventory of homes for sale.
Another Beautiful Duplex Under Construction… don’t wait!
Thinking new home for the holidays? Two beautiful townhouse style units under construction for December delivery. Call Jen M of Kensington Real Estate for details 508-930-5259.
Be Home. Be Well. 