Posts Tagged ‘Homebuyer’
Things That Could Help You Win a Bidding War on a Home
Kevin Brierton – 5.3.2022 With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. Here’s a look at how that breaks down state-by-state (see map…
Read MoreToday’s Home Price Appreciation Is Great News for Existing Homeowners
Kevin Brierton – 5.2.2022 If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices naturally rise. In those situations,…
Read MoreWhat You Need To Know About Selling in a Sellers’ Market
Kevin Brierton – 4.28.2022 Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know: what does being in…
Read MoreThe Dream of Homeownership Is Worth the Effort
Kevin Brierton – 4.27.2022 If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerful…
Read MoreHow Homeownership Can Help Shield You from Inflation
Kevin Brierton – 4.26.2022 If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases…
Read MoreIs It Enough To Offer Asking Price in Today’s Housing Market?
Kevin Brierton – 4.25.2022 If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and…
Read MoreWhy This Housing Market Is Not a Bubble Ready To Pop
Kevin Brierton – 4.21.2022 Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to the 1950s, less than half of the country owned their own home. However, after World War II, many returning veterans used…
Read MoreHow To Approach Rising Mortgage Rates as a Buyer
Kevin Brierton – 4.20.2022 In the last few weeks, the average 30-year fixed mortgage rate from Freddie Mac inched up to 5%. While that news may have you questioning the timing of your home search, the truth is, timing has never been more important. Even though you may be tempted to put your plans on hold in…
Read MoreWhy Pre-Approval Is an Important Step for Today’s Homebuyers
Kevin Brierton – 4.19.2022 Being intentional and competitive are musts when buying a home this season. That’s why pre-approval is so important today. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan. Peter Warden, Editor of The Mortgage Reports, explains: “The lender will check…
Read MoreIs It Time To Buy a Smaller Home?
Kevin Brierton – 4.18.2022 Life events can have a major impact on what you need from your home, and retirement is one of the biggest changes many of us face. This period of your life can mean doing more of the things you enjoy, like traveling, visiting with loved ones, or taking on new hobbies.…
Read MoreOn the Fence of Whether or Not To Move This Spring? Consider This.
Kevin Brierton – 4.14.2022 If you’re thinking of selling your house, it may be because you’ve heard prices are rising, listings are going fast, and sellers are getting multiple offers on their homes. But why are conditions so good for sellers today? And what can you expect when you move? To help answer both of those questions, let’s turn to the data.…
Read MoreWhere Are Mortgage Rates Headed?
Kevin Brierton – 4.13.2022 There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “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…
Read MoreBalancing Your Wants and Needs as a Homebuyer Today
Kevin Brierton – 4.4.2022 Since the number of homes for sale is low today, it can feel challenging to find one that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist…
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