Selling Your House on Your Own Could Cost Youbr /

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In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a real estate agent offers.br /

However, a study by Collateral Analytics reveals that FSBOs don’t actually save anything, and in some cases …

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors.br /

Sam Khater, Freddie Mac’s Chief Economist, had this to say:br /

“Healthy consumer spending and higher commodity prices spooked bond markets and led to higher mortgage rates over the past week.br /

Not only are buyers facing …

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history!br /

The interest rate you secure when buying a home not only greatly impacts your monthly housing costs, but also impacts your purchasing power.br /

Purchasing power, simply put, is the amount of home you can afford to buy for the budget you have available to spend. As …

Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that item is high.br /

Let’s see how this applies to the current residential real estate market.br /

SUPPLYbr /

It is no secret that the supply of homes for sale has …

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According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds.br /

According to NAR’s latest Profile of Home Buyers Sellers, the median age of all first-time home buyers is 32.br /

More and more ‘old millennials’ (25-36) are realizing that homeownership is within their grasp now!br /

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To Schedule a FREE 20 Min Phone Consultation With Shane br /

BUYERS CLICK HERE br /

SELLERS CLICK HERE…

Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true.br /

Where are home values today compared to the beginning of the year?br /

While rates have been rising, so have home values. Here are the most recent monthly price increases reported in the Home Price Insights Report from CoreLogic:br /

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January: …

Whether you are buying or selling a home it can be quite the adventure, which is why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal. But in this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO.’br /

The 5 reasons you NEED a real estate professional in your corner haven’t changed but have rather been strengthened by the …

So, you’ve decided to sell your house. You’ve hired a real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers.br /

There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price. There are many levels of access that you can provide to your agent so that he or she can show your …

The famous quote by Walt Whitman, “A man is not a whole and complete man, unless he owns a house and the ground it stands on,” can be used to describe homeownership in America today. The Census revealed that the percentage of homeowners in America has been steadily climbing back up since hitting a 50-year low in 2016. The homeownership rate in the first quarter of 2018 was 64.2%, higher than last year’s 63.6%.br /

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Chief Economist, Dr. Ralph …

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Setting up an automatic savings plan that saves a small amount of every check is one of the best ways to save without thinking much about it.br /

Living within a budget right now will help you save money for down payments while also paying down other debts that might be holding you back.br /

What are you willing to cut back on to make your dreams of homeownership a reality?br /

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To Schedule a FREE 20 Min Buyer Phone Consultation …