pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7067 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20190912-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20190912-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20190912-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

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pWith the current uncertainty about the economy triggered by a potential trade war, some people are waiting to purchase their first home or move-up to their dream house because they think or hope home prices will drop over the next few years. However, the experts disagree with this perspective./p

pHere is a table showing the predicted levels of appreciation from six major housing sources:img loading=lazy decoding=async class=aligncenter wp-image-89003 src=https://files.mykcm.com/2019/09/09130721/20190912-MEM-1.jpg sizes=auto, (max-width: 600px) 100vw, 600px srcset=https://files.mykcm.com/2019/09/09130721/20190912-MEM-1.jpg 1280w, https://files.mykcm.com/2019/09/09130721/20190912-MEM-1-600x450.jpg 600w, https://files.mykcm.com/2019/09/09130721/20190912-MEM-1-768x576.jpg 768w, https://files.mykcm.com/2019/09/09130721/20190912-MEM-1-1024x768.jpg 1024w, https://files.mykcm.com/2019/09/09130721/20190912-MEM-1-100x75.jpg 100w, https://files.mykcm.com/2019/09/09130721/20190912-MEM-1-1046x785.jpg 1046w alt=What Is the Probability That Home Values Sink? width=600 height=450 /As we can see, every source believes home prices will continue to appreciate (albeit at lower /p

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p…/p

pThe post a href=https://www.shanewillis.com/podcast/what-is-the-probability-that-home-values-sink/What Is the Probability That Home Values Sink?/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7064 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20190918-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20190918-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20190918-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pWhen searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you./p

pAccording to a recent article on a title=realtor.com href=https://www.realtor.com/advice/buy/homeowners-guide-to-hoas-homeowners-associations/ target=_blank rel=noopener noreferreremrealtor.com/em/a,/p

blockquote

pem“In a nutshell, an HOA helps ensure that your community looks its best and functions smoothly…The number of Americans living in homes with HOAs is on the rise, growing from a mere 1% in 1970 /em/p

/blockquote

p…/p

pThe post a href=https://www.shanewillis.com/podcast/what-buyers-need-to-know-about-hoas/What Buyers Need to Know About HOAs/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7052 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20191113-KCM-Share.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20191113-KCM-Share.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191113-KCM-Share-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pBuyers are out in full force this fall, increasing the demand for homebuying in all four regions of the country./p

pAccording to the latest a title=ShowingTime Showing Index href=https://www.showingtime.com/blog/september-2019-showing-index-results/ target=_blank rel=noopener noreferreremShowingTime Showing Index/em/a,/p

blockquote

pem“Home showing activity was up again nationwide with a 4.6 percent rise in traffic, as the traditionally slow fall season began with a marked boost in buyer interest.”/em/p

/blockquote

pBuyers clearly have the right idea, as mortgage rates have a title=dropped href=https://www.shanewillis.com/blog/whats-the-latest-on-interest-rates/dropped/a over a full percentage point since the fall of 2018. They’ve hovered in …/p

pThe post a href=https://www.shanewillis.com/podcast/buyer-demand-growing-in-every-region/Buyer Demand Growing in Every Region/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

h1 class=entry-title style=text-align: center;75 Years of VA Home Loan Benefits/h1

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7046 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20191111-KCM-Share.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20191111-KCM-Share.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191111-KCM-Share-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pToday, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice./p

pThis year marks the 75supth/sup anniversary of VA Home Loan Benefit offerings through the emServicemen’s Readjustment Act/em, also known as the emGI Bill/em. Since 1944, this law has created opportunities for those who have served our country, ranging from vocational training to home loans./p

h4a title=Facts href=https://www.benefits.va.gov/gibill/75th-anniversary.asp target=_blank rel=noopener noreferrerstrongFacts/strong/astrong About VA /strong/h4

p…/p

pThe post a href=https://www.shanewillis.com/blog/dave-ramsey-got-this-one-wrong/Dave Ramsey Got This One Wrong/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7036 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20190925-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20190925-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20190925-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pEvery year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of discounted must-have items to purchase. But what about buying a home? Is there a ‘Black Friday’ for the home-buying process? Believe it or not, there is./p

pAccording to a a title=new study href=https://magazine.realtor/daily-news/2019/09/20/black-friday-for-home-buying-is-near target=_blank rel=noopener noreferrernew study/a from emrealtor.com/em, strongthe week of September 22 is the best /strong…/p

pThe post a href=https://www.shanewillis.com/podcast/are-you-ready-for-the-black-friday-of-real-estate/Are You Ready for the ‘Black Friday’ of Real Estate?/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7017 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20190128-Share-KCM.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20190128-Share-KCM.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20190128-Share-KCM-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pThe price of any item (including residential real estate) is determined by the theory of ‘emua title=supply and demand href=https://www.shanewillis.com/podcast/how-does-the-supply-of-homes-for-sale-impact-buyer-demand/supply and demand/a/u/em.’ If many people are looking to buy an item and the supply of that item is limited, the price of that item increases./p

pThe ua title=supply href=https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales target=_blank rel=noopener noreferrersupply/a/u of homes for sale dramatically increases every spring, according to the emNational Association of Realtors/em (NAR). As an example, here is what happened to housing inventory at the beginning of 2018:/p

pimg loading=lazy decoding=async class=alignnone wp-image-81134 src=https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG.jpeg sizes=auto, (max-width: 600px) 100vw, 600px srcset=https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG.jpeg 2000w, https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG-600x450.jpeg 600w, https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG-768x576.jpeg 768w, https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG-1024x768.jpeg 1024w, https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG-100x75.jpeg 100w, https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG-1046x785.jpeg 1046w, https://files.mykcm.com/2019/01/08074322/20180128-MEM-ENG-1484x1113.jpeg 1484w alt=Why It Makes No Sense to Wait for Spring To Sell width=600 height=450 //p

pPutting your home on …/p

pThe post a href=https://www.shanewillis.com/podcast/why-it-makes-no-sense-to-wait-for-spring-to-sell/Why It Makes No Sense to Wait for Spring to Sell/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7033 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20191030-KCM-Share.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20191030-KCM-Share.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191030-KCM-Share-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pThe gap between the increase in personal income and residential real estate prices has been used to defend the concept that we are experiencing an affordability crisis in housing today./p

pIt is true that home prices and wages are two key elements in any affordability equation. There is, however, an extremely important third component to that equation: strongemmortgage interest rates/em/strong./p

pMortgage interest rates have fallen by more than a full percentage point from this time last year. Today’s rate …/p

pThe post a href=https://www.shanewillis.com/podcast/how-to-determine-if-you-can-afford-to-buy-a-home/How to Determine If You Can Afford to Buy a Home/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7027 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20191029-KCM-Share.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20191029-KCM-Share.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191029-KCM-Share-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pTom Petty famously penned the words, em“the waiting is the hardest part”/em in his early 80’s hit song emThe Waiting,/em and his thought process can surprisingly also be applied to individuals considering selling their homes today. Traditional thinking would suggest it may be best to wait until the spring to sell when there is a flood of buyers in the market, but right now may in fact be an even better time to list your home./p

pWe can see the …/p

pThe post a href=https://www.shanewillis.com/podcast/thinking-of-selling-your-home-the-waiting-is-the-hardest-part/Thinking of Selling Your Home? The Waiting Is The Hardest Part./a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7022 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20191031-KCM-Share.jpg alt= width=750 height=410 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20191031-KCM-Share.jpg 750w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191031-KCM-Share-300x164.jpg 300w sizes=auto, (max-width: 750px) 100vw, 750px //p

pA considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage./p

h4strongFor many, the mortgage process can be scary, but it doesn’t have to be!/strongstrong /strong/h4

pIn order to qualify in today’s market, you’ll need a a title=down payment href=https://www.shanewillis.com/podcast/62-of-buyers-are-wrong-about-down-payment-needs/down payment/aem (the average down payment on all loans last year was 5%, with many buyers putting down 3% or less)/em, a stable income, and …/p

pThe post a href=https://www.shanewillis.com/podcast/taking-the-fear-out-of-the-mortgage-process/Taking the Fear Out of the Mortgage Process/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p

pimg loading=lazy decoding=async class=aligncenter size-full wp-image-7010 src=https://www.shanewillis.com/wp-content/uploads/2019/11/20191004-MEM-1046x1308.jpg alt= width=1046 height=1308 srcset=https://www.shanewillis.com/wp-content/uploads/2019/11/20191004-MEM-1046x1308.jpg 1046w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191004-MEM-1046x1308-240x300.jpg 240w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191004-MEM-1046x1308-768x960.jpg 768w, https://www.shanewillis.com/wp-content/uploads/2019/11/20191004-MEM-1046x1308-819x1024.jpg 819w sizes=auto, (max-width: 1046px) 100vw, 1046px //p

h3strongSome Highlights:/strong/h3

ul

liLearning the lingo of homebuying is an important part of feeling successful when buying a home./li

liFrom APR to PI, you need to know the acronyms that will come up along the way, and what they mean when you hear them./li

liYour local professionals are here to help you feel confident and informed from start to finish…and this infographic will help you as you go./li

/ul

h3 style=text-align: center;strongTo Schedule a FREE 20 Min Phone Consultation With Shane/strong/h3

h3 style=text-align: center;a href=https://calendly.com/swillis/20-minute-initial-consult target=_blank rel=nofollow noopenerstrongBUYERS CLICK HERE/strong/a/h3

p…/p

pThe post a href=https://www.shanewillis.com/podcast/5-homebuying-acronyms-you-need-to-know-infographic/5 Homebuying Acronyms You Need to Know [INFOGRAPHIC]/a appeared first on a href=https://www.shanewillis.comShane Willis/a./p