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Monthly Archives: May 2022

    How Buying or Selling a Home Benefits the Economy and Your Community

    By Kimmer Plunk | May 31, 2022

    If you’re thinking of buying or selling a home, chances are you’re focusing on the many extraordinary ways it’ll change your life. But do you know it has a large impact on your community too? To measure that impact, the National Association of Realtors (NAR) releases a report each year to highlight just how much... Read More

    Memorial Day 2022

    By Kimmer Plunk | May 30, 2022

    Wishing you and your family a fun and safe Memorial Day! Let’s not forget to remember and honor. ?? Read More

    Sellers Have an Opportunity with Today’s Home Prices

    By Kimmer Plunk | May 26, 2022

    As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. The latest data on home prices seems to confirm that trend. According to data... Read More

    Testimonial Tuesday

    By Kimmer Plunk | May 24, 2022

    Thank you so much for your testimonial, Mary and Sean! It was such an honor to help this sweet family find their new home. ? You can find all of my client reviews on my Zillow profile here: Read More

    Are There More Homes Coming to the Market?

    By Kimmer Plunk | May 23, 2022

    According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may have noticed... Read More

    Why Rising Mortgage Rates Push Buyers off the Fence

    By Kimmer Plunk | May 20, 2022

    If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re... Read More

    The One Thing Every Homeowner Needs To Know About a Recession

    By Kimmer Plunk | May 19, 2022

    A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way:... Read More

    What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

    By Kimmer Plunk | May 17, 2022

    While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health crisis. When the forbearance program began, many experts were... Read More

    What is the Difference Between Prequalified and Preapproved?

    By Kimmer Plunk | May 16, 2022

    The homebuying process comes with a language all its own, and two of the terms you may have heard are prequalified and preapproved. While both can be essential parts of obtaining a mortgage and buying a home, you may not know what they mean. Check out the information below to learn how each term may... Read More

    10 Questions Everyone Selling a Home Should be Asking

    By Kimmer Plunk | May 13, 2022

    When you are getting ready to put your home on the market, you may be lying awake at night wondering about the logistics and the financial ramifications of your decision. Here are ten questions that you should ask an agent in order to set your mind at ease and feel more prepared for the road... Read More