Sales in February 2023 were up 14.5% month over month and still down 22.6% year over year according to the NAR Housing Snapshot. The median sales price dipped 0.2% to $363,000 and there are 2.6 months supply of homes on the market compared to 1.7 months a year ago. "Inventory levels are still at historic […]

The housing market in 2021 and part of 2022 was anything but normal. Mortgage rates were at all time lows and may never reach those levels again. Double-digit appreciation drove prices to new heights. Low inventories fueled by high buyer demand made multiple offers a normal expectation. As we look at the market snapshots provided […]

How recent financial events could lead to significant savings on your dream home In the ever-changing world of finance and real estate, sometimes the unexpected can lead to new opportunities. The recent collapse of Silicon Valley Bank and a few other regional banks might seem like bad news, but it could actually present a golden […]

Like with any professional, there are tools and techniques available to help with particular situations. They might be more popular at certain times and might even be put aside or forgotten at others. For real estate professionals, one of those is the backup offer. In a situation where there are multiple offers, the seller can […]

Key Takeaways: Curb appeal is an important part of selling your home You can improve your home’s curb appeal without a professional Contact us to see how improving your home’s curb appeal can help it sell Despite what the phrase suggests, you don’t actually need to have a curb to improve your home’s “curb appeal.” […]

If you’ve ever been in a Monopoly game after most of the properties have been purchased and developed, it can be a relief to land on Free Parking, knowing the dice must rotate to the next player giving you a respite from paying rent. Like the game, in real life, it would be nice to […]

The biggest shock to homebuyers is the soaring mortgage rates of 2022 that doubled in one year resulting in approximately 15 million mortgage ready buyers displaced from the market due to affordability issues. As of February 23, 2023, the 30-year fixed rate mortgage was at 6.5%. While that is twice as high as it was […]

Key Takeaways: Get your best mortgage rate with a better credit score When you find a property you love, make an offer Don’t wait—contact us and start planning your move today! The spring real estate market looks different for homebuyers in 2023 than in previous years. With recent changes to interest rates, available inventory, home […]