Monthly Archives: June 2023
Recession vs. Housing Crisis: What’s the Difference?
Because homeownership represents one-quarter of an American household’s net worth, any suggestion of a housing crisis or impending recession can cause widespread unease. However, despite often being conflated, the two don’t necessarily have to go hand in hand. A recession is an economic downturn, while a housing crisis occurs during a recession but is not necessarily... Read More
Eco-Friendly, Energy-Efficient Homes Attract Buyers
Are you planning to sell your house? If so, you may be surprised to hear just how much buyers value energy efficiency and eco-friendly features today. This is especially true as summer officially kicks off. Read More
The True Cost of Selling Your House on Your Own
Selling your house is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what you should know. The... Read More
The Facts about Reverse Mortgages
There are several reasons why a homeowner will opt to take a reverse mortgage on their home. Whether it’s to help supplement income, pay off debts, or fund a project at home, if you have enough home equity, a reverse mortgage can be a great option. Read More
New Designation!
When buying or selling real estate, reaching out to your trusted agent or brokerage is the first step. They are field experts and know how to walk you through each step. Senior Real Estate Specialists® (SRES® designees) are professionals trained to work with clients aged 50 and over. Here are a few concerns I am happy to discuss with you! Read More
Saving for a Down Payment? Here’s What You Need To Know.
If you’re planning to buy your first home, then you’re probably focused on saving for all the costs involved in such a big purchase. One of the expenses that may be at the top of your mind is your down payment. If you’re intimidated by how much you need to save for that, it may... Read More
A Drop in Equity Doesn’t Mean Low Equity
You may see media coverage talking about a drop in homeowner equity. What’s important to understand is that equity is tied closely to home values. So, when home prices appreciate, you can expect equity to grow. And when home prices decline, equity does too. Here’s how this has played out recently. Home prices rose rapidly... Read More
Monday Motivation
It’s all about balance! ⚖️ Let’s have a great week! “Just keep taking chances and having fun.” – Garth Brooks Read More
The Benefits of Buying a Starter Home
Everyone entering the home search process has lofty ideas of their dream house, but for first-time homebuyers, a smaller starter home is often the perfect pathway to building equity and creating stability. A starter home is usually one that’s more modest in size, typically three bedrooms or less, under 1,800 square feet, and at the... Read More
The Main Reason Mortgage Rates Are So High
Today’s mortgage rates are top-of-mind for many homebuyers right now. As a result, if you’re thinking about buying for the first time or selling your current house to move into a home that better fits your needs, you may be asking yourself these two questions: Why Are Mortgage Rates So High? When Will Rates Go... Read More
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