For many homebuyers, choosing a neighborhood is more important than choosing a house when shopping for a place to live. You can repair, remodel, or renovate a house but there are many things about a neighborhood you can’t change. What should a buyer look for in a neighborhood? This list may change based on your interests, but there are many neighborhood factors that can add value to your home. Remember, it is all about “Location, location, ...Continue Reading →
According to the recent Home Price Index Report by CoreLogic, home prices have increased nationally by 6.7% year-over-year. During that same period, interest rates have stayed at near historic lows. This has allowed many buyers to enter the marketplace.
If you are selling your home, your concern is likely to be the short-term price (which is where the values are heading over the next few months). If you are positioned to be a ...Continue Reading →
Categories: Articles, Atlanta Housing Market, Benefits of Ownership, Blog, Education, Fannie and Freddie, Featured Articles, Finding Your Home, First Time Buyers, General, Home Buyers, Interest Rates, Interest Rates, Misconceptions, Time Frame, Uncategorized
Traditional wisdom indicates that certain times of the year are better than others for selling your home. Historically, Spring is one of those times. Below are 5 reasons for why selling during Spring makes sense.
1. Strong Demand
According to the March 2018 Buyer Traffic Report (National Association of Realtors), buyer demand has remained strong throughout most of the country since May of 2016. This indicates that buyers are ready, willing, and able to purchase and are ...
Categories: Articles, Atlanta Housing Market, Blog, Education, Featured Articles, Finding Your Home, First Time Buyers, General, Home Buyers, Loan Approval Factors, The Buying Process, Time Frame, Uncategorized
Here are four reasons why Spring is a great time to buy a home.
According to CoreLogic’s latest Home Price Index report, home prices have appreciated by 6.6% over the last 12 months and prices will continue to rise over the next year (approximately 4.3%). If you are waiting for the bottom of the market with regards to home values, waiting no longer makes sense; The bottom has come and gone.
Increasing Interest Rates
Freddie Mac’s Primary Mortgage ...Continue Reading →
Categories: Articles, Benefits of Ownership, Blog, Education, Fannie and Freddie, Featured Articles, Finding Your Home, First Time Buyers, General, Home Buyers, Interest Rates, Interest Rates, Misconceptions, The Buying Process
Just like clocks recently did in most of the country, the housing market will soon “spring forward!” According to Alexandra Lee and Ralph McLaughlin of Trulia, there was a 10.5% decrease in US home inventory in Q4 2017. This lack of inventory is like tension in a spring waiting to be released and that is what is holding back the market right now.
Traditionally, sellers believe that waiting until Spring is in their ...Continue Reading →
Categories: Articles, Atlanta Housing Market, Benefits of Ownership, Blog, Education, Featured Articles, Finding Your Home, First Time Buyers, General, Home Buyers, Interest Rates, Loan Programs, Misconceptions, Realtors, The Buying Process, Uncategorized
As the population ages and more baby boomers near retirement, the question of what to do about housing becomes an important one. Given the low available inventory in the starter and trade-up home categories, it makes sense for homeowners to evaluate their homes’ ability to adapt to whatever needs retirement may bring. According to NAEBA (National Association of Exclusive Buyers Agents), there are 7 factors that you should consider when choosing your retirement home.
“It may be ...Continue Reading →
Categories: Articles, Atlanta Housing Market, Benefits of Ownership, Blog, Education, Featured Articles, Finding Your Home, General, Home Buyers, Insurance, Interest Rates, Misconceptions, Property Taxes, Refinance, The Buying Process
Purchasing a home can be the most major financial event in your life. Given that, you want to ensure you are doing everything you can to avoid overpaying for your dream home. It’s not that difficult, but unfortunately you do not have a long time to decide. What is the best price to offer that maximizes your value while, at the same time, makes a fair offer to the seller? If you are working with a local Real ...Continue Reading →
When you find a house you love and are ready to make an offer to the seller, the ideal situation would be for the first offer to be accepted. This can be a challenge when there are multiple offers so it is a good idea to present the best, cleanest offer you can without doing anything to sabotage yourself in the process.
Although there are many ways in which you can sabotage yourself, all are avoidable.
- No Pre-Approval
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Purchasing a home can be one of the most rewarding and meaningful transactions folks will ever be a part of. Outside of the obvious reasons for owing a home (shelter from the elements, more space for a growing family, shortened commute to work/school/family, etc.) using your home for its investment aspects is especially attractive given current rates and market conditions. I would, however, argue that you should not just consider the investment, the pricing, or the timing of the ...Continue Reading →
….You Should Write A Letter To The Seller!
Buyers are getting frustrated with lower inventory levels & when they do FINALLY find a place to make an offer on, they find out there are other people doing the same. Sound familiar? If you would like to dramatically increase the odds of the seller accepting your offer over ...Continue Reading →