May 26, 2022 | For Buyers, For Sellers, Home Financing, Market Trends, Real Estate
The market seems to be reaching a tipping point. While home prices are still climbing nationally, the increased mortgage costs have also pushed some buyers out of the market. National home sales fell 2.7% in March, and mortgage applications dropped 5% in mid-April. ...
May 6, 2022 | Business, For Buyers, For Homeowners, For Sellers, Market Trends, Real Estate
In 2006 foreclosures flooded the market and that dramatically decreased home values. The two main reasons for the flood of foreclosures were: Many purchasers were not truly qualified for the mortgage they obtained, which led to more homes turning into foreclosures....
May 4, 2022 | Market Trends, Rent vs Own
Are you thinking about a plan to purchase a property, list it on VRBO or AirBNB, and watch the money roll in. They say short-term rentals, often called vacation rentals, will be a breeze. While short-term rentals do ear owners 30% more than long-term rentals, there...
May 3, 2022 | For Buyers, For Homeowners, For Sellers, Local Market Reports, Market Trends, Real Estate
Due to pandemic-related disruptions over the past two years, the real estate market has completely changed and decidedly favors sellers. If you want to take advantage of this market and extract as much value out of your property as possible, now is the time to sell....