A Great Time to Sell
As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Historically, when mortgage rates rise by a percentage point or more, home values continue to appreciate. Currently, home values continue to grow because of the ongoing imbalance in supply and demand. Specifically, housing supply […]
Summer Hiking in Prescott, AZ
Prescott, Arizona, is an excellent town for hiking and exploring the outdoors. Whether you are a beginner or an experienced hiker, a great hike is waiting for you in Prescott. The summer months provide the perfect weather for hikes of all levels. Here are some of our favorite trails to explore this summer. Butte Creek […]
Navigating Bidding Wars as the Buyer
When inventory is tight, and a market heats up, sellers may find themselves in a multiple offer situation. In a multiple offer situation, more than one potential buyer submits a written offer. With multiple offers on a property, the listing agent can then try and “shop the top offer” to get the best deal possible […]
Mortgage Rates: Where Are They Headed?
Last year Mark Fleming, Chief Economist at First American, stated that: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.” There has never been a more accurate statement regarding forecasting […]
What Every Seller Needs To Know About Renovating This Year
If you’re planning to sell this year, you’re probably thinking about what you’ll need to do to get your house ready to appeal to the most buyers. It’s crucial to work with a trusted real estate professional who knows your local market to get your home ready to sell. But consider a few things when […]
The Top Indicator if You Want To Know Where Mortgage Rates Are Heading
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates […]
Why Selling Your House with a Real Estate Professional Is Essential
Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need. The 2021 Profile of Home Buyers and Sellers from the National Association of Realtors (NAR) surveys […]
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