Buying a Home

Buying a Home What you Should Know Before You Buy a Historic Home I love driving through historic neighborhoods! Grand old homes with detailed architecture, beautiful peaks, and peaceful porches are breathtaking. Beauty also comes with additional financial benefits. Because historical houses are typically in an established neighborhood or district, projected prices of the homes appreciate quicker than in other areas. In addition, when a house is classified […]
Buying a Home Listing Your Wants and Needs as a Homebuyer While we have seen an increase in home inventory this last year, “it is still 43.2% lower than it was before the pandemic in 2017 to 2019” (realtor.com). With this housing shortage, we must change our thinking when searching for a home this spring. When looking for a home to purchase this spring, buyers must […]
Buying a Home What to Expect from the 2023 Housing Market Over 2020 and 2021, we saw a red-hot housing market. This was due to an average 3% mortgage rate and low inventory, which created a fast-paced market filled with bidding wars. In 2022, the market underwent a significant shift. Higher mortgage rates reduced buyer demand, slowed the pace of home sales, and moderated home prices. […]
Buying a Home What is the MLS? Are you looking to buy or sell a home? You may have heard about the multiple listing service, also known as the MLS. It’s an invaluable tool for prospective buyers and sellers that can make the real estate market much easier to navigate. But what exactly is this mysterious resource? If you’re wondering how it […]
Buying a Home Good News for Today’s Homebuyers While higher mortgage rates are creating affordability challenges for homebuyers this year, there is still good news for those looking to buy a home. As the market has cooled this year, some of the intensity buyers faced during the pandemic’s peak frenzy has also cooled. Here are a few trends that may benefit you when […]
Buying a Home Factors to Lock in the Lowest Mortgage Rate When buying a home, you want to secure the lowest interest rate on your home loan. In the last few years, we have seen record-low mortgage rates, but over this last year, rates have significantly risen. How do you combat those higher rates to lock in a lower one? Here are a few factors and […]
Buying a Home A Window of Opportunity for Homebuyers The market is making a shift! There has been a clear impact on the housing market recently because of the rise in mortgage rates. Are we shifting back to the housing market pre-pandemic? This leveling out isn’t a bad thing.  The years leading up to the pandemic were some of the best the housing market […]
Buying a Home 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 […]
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