The Three Biggest Mistakes I See Young Buyers Making

First-time homebuyers are, on average, 33 years old.  Generally, the average age of homebuyers is 47.  Not only has the average age changed, but the home-buying process as a whole has changed not only with the invention of the internet, but then even more so when the pandemic pushed everything more digital. I’ve been inContinue reading “The Three Biggest Mistakes I See Young Buyers Making”

My Message to Home Builders

Although the U.S. has been in a decades-long housing shortage, we have also found ourselves in a time where homebuilders across the country are pulling back on development.  What?  How can both things be true?  Stay with me here. This riddle is at the heart of the boom-bust nature of the housing market.  With changingContinue reading “My Message to Home Builders”

Why Interest Rates Matter Less Than You Think

Mortgage rates have been on the rise throughout 2022.  And while that’s bad news for home buyers, it doesn’t have to be the end of the line.  There is actually a lot you can do to counteract rising interest rates and get a better deal on your mortgage loan. The problem is most agents eitherContinue reading “Why Interest Rates Matter Less Than You Think”

Why You Need a Maintenance Inspection

Contrary to what you might think, inspections are greatly beneficial even after the home-buying process is over.  Think about it, when you own a home, it seems like there is always something that needs attention or repair.  Much like a car, your home needs to have regular check-ups done by a professional who knows whatContinue reading “Why You Need a Maintenance Inspection”

What Do Your Five Senses Have to do with Real Estate?

Looking at property online certainly has its advantages.  It’s easily accessible, on your own schedule, and the options are nearly endless.  Some agents are very good at marketing their properties.  They use professional photography, enhanced lighting, optimal staging, and more just to showcase the property in the very best ways.  It can be easy toContinue reading “What Do Your Five Senses Have to do with Real Estate?”

Foreclosure Explained

Foreclosure happens when a loan is defaulted on and the lender recovers the amount owed by selling or taking ownership of the property.  In plainer words: You stop paying and the bank takes the house back and you lose possession. Keep in mind that the foreclosure process can vary from state to state, but thereContinue reading “Foreclosure Explained”

The risks of zero-down loans in this market: Is this 2008 all over again?

It’s baaaaaaaaaaack…. With Bank of America recently announcing their loan option for lower-income households that requires no down payment, no closing costs, and doesn’t base the loan on a minimum FICO score, you might be wondering if this is 2008 all over again.  Can we really be repeating these kinds of loans and promoting homeownershipContinue reading “The risks of zero-down loans in this market: Is this 2008 all over again?”

Homebuyers Guide: Tips For Getting Started With Your Search

Ok, this is a longer article than usual but only because it is SOOO important. There is a method to the madness of beginning your home purchase. After all, buying a home for the first time can be life-changing.  It’s a major investment, a major commitment, and oftentimes the start of a whole new phaseContinue reading “Homebuyers Guide: Tips For Getting Started With Your Search”

Why Won’t My House Sell?

Sometimes homes just won’t sell – but why? Here are some top reasons that could explain everything. Pricing: The price is too high; this is by far the most common reason that a home is not selling in this market. Rarely if ever are we seeing a lack of demand – meaning sellers are enjoyingContinue reading “Why Won’t My House Sell?”

OMG! My Appraisal Came in Low! What Now?

You’ve gotten the home under contract, you’ve negotiated inspections, you’ve started to call movers and plan for your next phase when all of a sudden a terrible wrench is thrown into your transaction that causes heart palpitations: “The appraisal came in low” Now to everyone out there who just read that last sentence and thinkContinue reading “OMG! My Appraisal Came in Low! What Now?”