Comparing real estate metrics from one year to another can be challenging in a normal housing market. That’s due to possible variability in the market making the comparison less meaningful or accurate. Unpredictable events can have a significant impact on the circumstances and outcomes being compared. Comparing this year’s numbers to the two ‘unicorn’ years […]
Some Highlights If you want to sell your house, consider doing it this summer. The days are longer, the weather is warmer, and it’s a great time for sellers. If your needs have changed, now’s the time to capitalize on the low inventory and multiple offers in today’s sellers’ market. Let’s connect today if you’re ready to sell your house and move to a home that […]
If you’re trying to decide if now’s the time to sell your house, here’s what you should know. The limited number of homes available right now gives you a big advantage. That’s because there are more buyers out there than there are homes for sale. And, with so few homes on the market, buyers will have fewer options, so you set […]
You’re probably feeling the impact of high inflation every day as prices have gone up on groceries, gas, and more. If you’re a renter, you’re likely experiencing it a lot as your rent continues to rise. Between all of those elevated costs and uncertainty about a potential recession, you may be wondering if it still makes sense […]
The wear and tear on your home from the outside elements each season is something you should never ignore as a homeowner. Wind, snow, ice, rain, and sun can cause damage over a period of time if left unchecked. Whether you’re living in a single-family home or a townhome, you need to schedule regular maintenance […]
The National Association of Realtors (NAR) will release its latest Existing Home Sales Report tomorrow. The information it contains on home prices may cause some confusion and could even generate some troubling headlines. This all stems from the fact that NAR will report the median sales price, while other home price indices report repeat sales prices. The vast majority of the repeat sales […]
Have you ever been the last one to take a shower and run out of hot water? It could happen when you have too many overnight guests or one family member known for long showers! But, what happens when your hot water heater stops working efficiently on a daily basis, guests or no guests? […]
Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your equity grows over time: “Housing wealth […]
Some Highlights While home prices vary by local area, they’ve already hit their low point nationally, and now they’re starting to rise again. Last July, prices started to decline, but around February, they began climbing back up. If you put your plans to move on hold waiting to see what would happen with home prices, let’s connect to discuss if now’s the right […]
If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April 2020, when the pandemic hit […]
There’s been some concern lately that the housing market is headed for a crash. And given some of the affordability challenges in the housing market, along with a lot of recession talk in the media, it’s easy enough to understand why that worry has come up. But the data clearly shows today’s market is very different than it was […]
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard to lower inflation, the […]
No one plans to waste money purposely… but sometimes it happens, especially when it comes to our homes. As a first-time homeowner (and even those who are more seasoned), you don’t want your excitement over a new home to crank-up your spending. Owning a home already adds new expenses compared to renting. At any […]
If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When housing inventory is as low as it is right now, it can feel like a bit of an uphill battle to find the perfect home for you because there just isn’t that much to choose from. […]
Some Highlights Not sure if selling your house is the right move today? You should know there are a number of reasons it still makes sense to sell now. Your house will stand out because inventory is low. That’s why the number of offers on recently sold homes is on the rise. And most homeowners have a lot of equity that can fuel a […]
Downsizing has long been a popular option when homeowners reach retirement age. But there are plenty of other life changes that could make downsizing worthwhile. Homeowners who have experienced a change in their lives or no longer feel like their house fits their needs may benefit from downsizing too. U.S. News explains: “Downsizing is somewhat common among older people and retirees who no longer have […]
If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint the picture of how much […]
You never know if and when something will happen — whether it’s a big catastrophe or something less destructive – so you need to be prepared! It’s essential to choose the right company, the right price, and the right coverage for your specific situation. Keep in mind, homeowners insurance is really a collection of […]
Wondering if you should continue renting or if you should buy a home this year? If so, consider this. Rental affordability is still a challenge and has been for years. That’s because, historically, rents trend up over time. Data from the Census shows rents have been climbing pretty steadily since 1988. And, data from the latest rental report from Realtor.com shows rents continue to grow […]
Some Highlights With so few homes on the market right now, widening the scope of your search to include nearby areas could help you find more options in your budget. You can also work with a trusted lender to consider alternative financing options and search for down payment assistance. If you’ve been searching for a home but are concerned […]
There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers. It’s true that rates climbed dramatically since the record-low we saw during the pandemic. But home affordability is based on more than just mortgage rates – it’s determined by a combination of mortgage rates, home prices, and wages. […]
The housing market’s been going through a lot of change lately, and there’s been uncertainty surrounding what will happen this spring. You may be wondering if more homes will go on the market, what’s next with home prices and mortgage rates, or what the best advice is for someone in your position right now. Here’s what industry experts […]
Have you ever heard of radon? Well, it’s a big deal. It’s an odorless, colorless gas and is the second leading cause of lung cancer in the United States. It can get trapped in our homes and be at such high levels that it can affect your health. And, you wouldn’t ever know it […]
If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when you go […]
Some Highlights Since inflation is increasing the cost of goods and services, it may make sense to look for an energy-efficient home. Energy prices have increased over the last year, so look for energy-efficient features in your home search. If you’re looking to buy a home this year, let’s connect so you have a partner to help you consider which features are most important to you.
If you’re planning to buy a home, an inspection is an important step in the process. It assesses the condition of the home before you finalize the transaction. It’s also a different step in the process from an appraisal, which is a professional evaluation of the market value of the home you’d like to buy. In […]
Owning a home means having a place that’s solely your own and provides the space, features, and location you and your loved ones need. But what happens when your needs change? If this hits home for you, it may be time to make a move. According to the latest Home Buyers and Sellers Generational Trends Report from […]
Have you experienced chronic ear, throat, or eye irritations, sneezing, coughing, dizziness, or headaches only while in your home and as soon as you use your HVAC system? It could be from poor air quality due to dirty air ducts. Even the American Lung Association recognizes indoor air quality as the catalyst for many allergy-related […]
Carbon monoxide is a colorless, odorless, tasteless gas produced by burning gas, wood, propane, charcoal or other fuel. You must have a CO detector if you have fuel-burning appliances in your home. And if you have such appliances on more than one level of your home, you should have a carbon monoxide detector on each […]
As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. […]
Some Highlights The inspection is a major part of the home selling process. Many buyers used to waive inspections to be more competitive with their offer, but recently, inspections and repairs are becoming popular again. Let’s connect so you have an expert on your side who can help you determine the repairs and updates your house needs before you sell.
Over the last year, the housing market’s gone through significant change. While it’s still a sellers’ market, homes that are priced right are selling, and they get the most attention from buyers right now. If you’re thinking of selling your house this spring, it’s important to lean on your expert real estate advisor when it comes to […]
Thinking about selling your house? If you’ve been waiting for the right time, it could be now while the supply of homes for sale is so low. HousingWire shares: “. . . the big question is whether we are finally starting to see the seasonal spring increase in inventory. The answer is no, because active listings fell to […]
Some Highlights Buying a home is a major way to build wealth and gain financial stability. That’s why, across different income levels, the largest part of most homeowners’ net worth is their equity. Let’s connect today so you can start investing in homeownership.
Springtime is here, and it is the time to get out and celebrate nature. One of the best ways to enjoy the season is to bring color and aroma to your yard or garden by planting varieties of early and late-blooming plants. In addition, you promote biodiversity on your property by attracting pollinators like bees […]
The spring season appears to be warming up in housing as more and more buyers enter the market. And after rising mortgage rates sidelined so many buyers last year, that’s a good sign for sellers. Realtor.com has the latest: “Spring is officially here, and like green shoots emerging from the bleak winter, new data suggests that more buyers are back in the […]
There have been a lot of shifts in the housing market recently. Mortgage rates rose dramatically last year, impacting many people’s ability to buy a home. And after several years of rapid price appreciation, home prices finally peaked last summer. These changes led to a rise in headlines saying prices would end up crashing. Even […]
Wondering if you should sell your house this year? As you make your decision, think about what’s motivating you to consider moving. A recent survey from realtor.com asked why homeowners are thinking about selling their houses this year. Here are the top two reasons (see graphic below): Let’s break those reasons down and explore how they might resonate with […]
With busy schedules, it’s easy to let regular home maintenance fall off your to-do list. Like many homeowners, you might try to cram certain projects into one weekend. Or worse yet, disaster strikes and you get hit with a large bill since you never got around to a minor task that turned into a major […]
Have you checked your roof flashings lately? Do you know what roof flashing is? It is a thin piece of galvanized steel, aluminum, or copper used to direct water away where leakage could happen and protect areas such as walls, vents, chimneys, and skylights. Roof flashing guides the water directly to the shingles instead of […]
If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching. Experts at realtor.com looked at seasonal trends from recent years (excluding 2020 as an uncharacteristic year due to the onset of the pandemic) and determined the ideal week to list a house this year: “Home sellers […]
As a homeowner, you can benefit from tax breaks that can shave thousands of dollars off from your IRS bill each year, which could mean a higher refund check. Since it’s that time of year we are all gathering our documents and working on getting out taxes in asap, I wanted to remind you about […]
It’s both exciting and a little scary to buy a home. That feeling of nervousness and not knowing what to expect is normal! But, what you don’t want to rely on during this process is luck or chance. Everyone wants the “luck of the Irish” when looking for a home, but it comes down […]
Before investing in a high-efficiency water heater, it’s important to understand the differences between high-efficiency and standard water heaters. Both are similar in using oxygen from the atmosphere in a combustion process to heat water. However, High-Efficiency Heaters are designed to maximize the heating process more effectively through a sealed combustion process. They provide hot […]
Though there are more homes for sale now than there were at this time last year, there’s still an undersupply with fewer houses available than in more normal, pre-pandemic years. The Monthly Housing Market Trends Report from realtor.com puts it this way: “While the number of homes for sale is increasing, it is still 43.2% lower than it was before […]
A lot has changed over the past year, and you might be wondering what’s in store for the spring housing market. If you’re planning to sell your house this season, here’s what real estate experts are saying you should keep in mind. 1. Houses That Are Priced Right Are Still Selling Houses that are updated and […]
During the pandemic, many of us reexamined the meaning of home for ourselves and our loved ones. Today, that can be seen in the recent rise in multigenerational households. According to Jessica Lautz, Deputy Chief Economist and Vice President of Economic Research at the National Association of Realtors (NAR): “Multi-generational buying may be a home where families live in the same home […]
Wildlife such as raccoons, squirrels, bats, and birds are part of nature and can be wonderful to observe. However, they can be troublesome and threaten our health and safety when these creatures invade our property and home. Unwelcome vermin can spread disease, cause structural damage, and inflict bodily injury to humans and pets. Here are […]
Due to shifting soil, water issues, and normal settlement, most foundations will crack. There are different kinds of foundational cracks and varying causes. Once you understand the type of cracks you have and the underlying cause, you’ll be better able to repair them to protect your home.There are two basic types of foundational cracks. They […]
The direction the front of your home faces will determine the amount of sunlight it receives which has an impact on many elements of your home. There are four types of exposures: Southern, Northern, Eastern, and Western. One is not necessarily better than the other but there are advantages and disadvantages to all. Southern exposure—When […]
Ventilation provides air circulation crucial to protecting your roof and other structural areas of your home. The attic and crawlspace are two of the most important areas for air to flow freely from the ground to the roof. However, these areas can get easily overlooked because we rarely check the attic or crawlspace for any […]
Valentines Day means romance and nothing creates an air of romance more than candles. Although candles are great for creating warmth and romance, accidental ignition can lead to property damage, injury, or even death without proper adherence to fire safety. According to the NFPA (National Fire Protection Association), thousands of home fires due to candle-burning […]
It’s important to know how to tell when you have a plumbing problem so that you can address small issues before they become bigger ones. When pipes are left unchecked over time, some common occurrences are exuberant water bills, permanent water damage, the spread of harmful mold, and bursting pipes and sewer lines. The following […]
Although we may pay attention to maintenance and safety needs inside the house, outside hazards such as falling tree limbs, mold, infestations, and foundation issues can get overlooked, leading to costly repairs and possible injury. Here are some common risks to look for and tips for keeping your exterior property safe. Wear and tear on […]
Although today’s homes contain more comforts and conveniences than medieval castles, they usually lack a moat and drawbridge, and an army of sentinels to prevent intrusion. Assuming your home does not have a moat, here are easy ideas to make your property more secure. The most commonly advised and cost-free step is to keep your […]
Are you tired of facing another year looking at the same humdrum colors, designs, and surfaces in your kitchen? Do you feel materials need to be updated? Like others, you spend much time here prepping, cooking, and entertaining. Consider redecorating for the new year! Peruse the following kitchen design trends for 2023 that many designers […]
Now that the winter months are upon us, do you once again dread another season of sky-high heating and electric bills? Although you may blame this on inflation and other factors that are out of your control, as a homeowner, you have control over how efficiently your home uses energy. To use power more efficiently […]
Whether you are looking to move now or may consider it in the future, there are many affordable options for making significant changes to your home without having to do a major renovation. With low-cost purchases of supplies, DIY instructions or professional guidance, and time set aside, you can make improvements that will increase your […]
Are you tired of looking at the drabby paint on your walls, the outdated cabinets, worn furniture, and stained carpets? Your home is overdue to be remodeled, which is on your wish list. However, you are afraid of what the cost might be. Unless you want a major overhaul, you can still spruce up your […]
If you do not live in a warm, tropical climate, the fall months are the best time to get your home ready for freezing temperatures, snowstorms, and icy conditions that lie ahead in the wintertime. Without the proper care and adherence to a maintenance routine, your living space and appliances are prone to damage that […]
There are few things that carry the feel of fall like sitting by a fire on a cool autumn night. Of course, not everyone lives somewhere where they can just build a bonfire or even set up a little campfire at a moment’s notice. Fortunately, there are options available for those who want the ambiance […]
Painting can be a great way to customize your house and make it into a home. Whether you’re just adding a splash of color or redoing entire rooms to match your favorites, a fresh coat of paint is a great way to take a home that you bought and really make it yours. Unfortunately, not […]
You’re a homeowner now, you can kiss bland uniformity goodbye the moment you turn your apartment keys over to your now-former landlord. The world is your canvas — at least, that part of the world that you now are obligated to pay a monthly mortgage payment on — and you’re the artist that’ll mold it […]
Smart home devices give homeowners a lot of control over the way that their homes function, allowing things like lighting control, home security, and even home automation to be as simple as interacting with an app or using voice controls. Depending on the devices used, you can save money and gain greater peace of mind […]
Having a mouse in the house can be a real pain. The little thing runs around, gets into everything, and generally causes chaos. And that’s just one little mouse. What happens when you have a much larger animal, or a nest of animals, in a harder-to-control area like a chimney? Unfortunately, unwanted animals in chimneys […]
Climate control is one of the greatest inventions of humankind since leavened bread, but when it’s suddenly not working properly, or it stops working all together, your HVAC system can become a massive source of stress and worry. Before you decide to panic, though, consider doing a little troubleshooting of your system. There are several […]
Buying a home can be full of difficult decisions, and as housing prices climb, maybe even more difficult financial planning. For people looking for a different way to help pay for their mortgage every month, choosing a home with an attached rental unit might just provide the monthly bump that makes that payment a little […]
Growing a garden is the ultimate act of faith. After all, you never know if your plants will thrive or if they will cease to be long before reaching their full potential. Hopefully, with diligent care, and a little luck, your plants will grow big, strong, and glorious. When it comes to growing climbing plants […]
Your home’s HVAC system works hard throughout the year. Unfortunately, this can cause it to experience problems over time, often at a time when you’d really rather it not fail on you. This is why yearly maintenance and inspections are recommended, since a little bit of attention now can save you a whole lot of […]
Your home, as they say, is where your heart is, and for so many homeowners, it’s a lot more than a saying. Their home is a place where they made so many memories with family and friends, and considering selling it can be extremely painful. But what do you do if your home is no […]
When you own a home, it’s important to have the tools that are necessary to make little repairs, or even do major DIY if that’s your thing. One of the most useful tools you can add to your collection is an air compressor. An air compressor can do so many things around the house, from […]
Owning an older home can be a really amazing experience. Not only do you get to actually live in a slice of history, you’re also there to make decisions about this building that will stay with it potentially for generations to come (no pressure). But it’s not all pink toilets and clawfoot tubs; a lot […]
Having a finished basement is a great addition for just about any house. It can give you a place to relax, a play area for your children, or even additional bedroom space if you need it. Some people even use basement areas to create fully furnished workshops, craft rooms, and other furnished DIY areas so […]
Once upon a time, smart home devices required dedicated hubs and a unique kind of wireless network to operate their various lights, sensors, and switches. With the popularity of digital assistants such as Alexa, Siri, and the Google Assistant, though, it was only a matter of time before they became a dominant force in smart […]
Whether you enjoy an occasional glass of wine or consider yourself a connoisseur, you know the importance of storing your wine properly. Wine is perishable after all, so unless you buy wine only when you plan on drinking it, you need a good place to keep your bottles until you’re ready for them. Some people […]
Keeping a well-manicured lawn is a goal for many homeowners. That nice crisp look of freshly trimmed grass can really improve the appearance of your home and surrounding property, and there’s just something to be said for the lush green color of a healthy lawn. But what if your lawn isn’t quite as healthy as […]
If you’re like a lot of long-time homeowners, you’ve probably got a great deal of home equity on your hands right now. If you’ve been considering putting it to work, it’s still a decent time to take out a second mortgage or a HELOC, even as rates are starting to rise. Having so much home […]
Maintaining your lawn is one of the summer’s big tasks. Depending on the size of your property, this could require just a few quick loops with a push mower, or it could take a good part of the day on a riding mower. Even homeowners who just use a small lawnmower are starting to feel […]
Buying a home can be one of the most heart-wrenching and nauseating adventures of your life. But once closing is scheduled, that’s it, right? The stomach-in-your-throat feeling should go away and all is smooth sailing. Well, not always. There are many reasons closings may get delayed. Don’t let this list get you down, but it’s […]
The weather is heating up, and so is your house. In many areas, this summer may be yet another record-breaker, and the thought of adding an air conditioner to your climate control system has probably crossed your mind more than once. But how do you get started with such an undertaking? What should you keep […]
When you’re looking to sell your house, there are a lot of little things that you can do to increase the likelihood that some prospective buyer is going to make an offer. Many of the tips you’ll find to improve your home’s appeal focus on things inside the house, ranging from paint colors to furniture […]
In the early days of home automation, getting your home set up typically required buying a central hub that your devices could connect to and coordinating everything from there. In some cases, you might have even needed multiple hubs, since not all devices worked on the same network. While automation hubs and alternate networks still […]
Having a garden is a great way to enjoy the outdoors while also getting some delicious fresh-grown fruits and vegetables for your meals. The thing is, if you’ve never maintained a garden before then you might not realize just how much work goes into it as well. You need to consider the type of soil […]
There are several reasons why you might choose to take on a DIY project. You may decide to do something yourself because you think it will be an easy project, or because you enjoy working with your hands. You might even consider doing a DIY project because you think it would save you a lot […]
When COVID-19 emerged, a lot of employers realized the advantage of allowing at least some employees to work from home. Not only can it act as a benefit for employees, but it can also help to reduce the cost of stocking and maintaining a physical office space. As a result, the number of people working […]
A nice countertop can really make your kitchen stand out. Unfortunately, your counters tend to get a lot of use over their lifetime and can really start to show that wear as they age. Conventional wisdom often suggests that when your counters start to stand out because of their stains or damage then it’s likely […]
Summer is just around the corner, and for a lot of homeowners, that means having to run the air conditioner or heat pump around the clock just to keep ahead of climbing temperatures. These tools are amazing for keeping things cool, but after a while, they too can get worn out and need replacing. Do […]
Insurance is a great thing to have when the unexpected occurs. Unfortunately, it’s very rare to find a policy that covers every possible thing that might happen to your home; some incidents such as natural disasters typically require separate policies that cover the specific damages that can occur when these sorts of things happen. A […]
When you don’t have a lot of space or open ground around your home, planting a garden might seem impossible. After all, plants need room to grow and soil to grow in, don’t they? While this is true, there is more than one way to get a garden growing. If you have limited outdoor space […]
There’s a lot of advice available for first-time homebuyers. But, what if you’re getting ready to sell a home for the first time? While every home selling process is different, making it impossible to predict every scenario that could pop up, there are certain things every home seller can expect. Here are four things to […]
Reality TV shows make buying a fixer-upper seem like a piece of cake. After about 30 to 40 minutes of airtime, renovations are complete—often after remedying a minor hiccup or two—and the home is move-in ready. But tackling a fixer-upper in real life is a different story. For starters, it can be difficult to find […]
Chances are, you use the internet for a number of different things during the course of your day. The internet plays a key role in everything from gaming and entertainment to social interaction and even work these days, so it’s important that you have a reliable internet connection. Depending on the layout and even the […]
Is Buying a Fixer-Upper Home to Move Into a Good Idea? If you’re looking for a fixer-upper to live in, you might be wondering if the benefits are worth the tradeoffs. Today we’ll take a look at the pros and cons of these homes to aid in your decision of whether or not fixer-uppers are worth […]
Many would-be homebuyers have found themselves waiting on the sidelines because they believe they don’t have enough saved for a down payment. Complicating matters are all the common misconceptions, often reinforced by unsolicited advice from family and friends. One of the most prevalent myths is you need to save 20% of a home’s purchase price for a down […]
Why Correct Home Pricing Matters Most home sellers aim for two objectives: 1) to get the best possible price and 2) to sell their property as quickly as possible. When setting a price, people sometimes mistakenly overprice with the thought of “testing” the market. Unfortunately, this strategy often fails. Reasons Homeowners Overprice Their Homes Homeowners […]
A home is almost certain to be the largest personal purchase you make in your lifetime. While you may have the ability to make your mortgage payments once you’ve purchased a new home, pulling together enough money to cover the down payment and closing costs can be a challenge. Here are some tips for coming […]
Savvy investors often turn an eye towards real estate as a way to diversify their portfolios and reduce risks. Any investment is a risk, but if you add real estate into the mix, it provides a level of stability because you can typically escape the volatility often associated with the traditional stock market. Check out […]
The real estate market ran white hot last year and it’s still pretty balmy, so you may wonder if it’s a good idea to buy a house now. I am sure you’ve read more than once that it’s definitely a great time to sell, with many areas having seen all-time highs over the last year! […]
As a potential homeowner, you want to make certain the property you’re purchasing doesn’t contain major flaws. Most buyers find it’s worth investing in a thorough home inspection before the closing because this is the last chance to discover problems—ones that might be dealbreakers. Here are some suggestions of what your should do and what you can expect during […]
