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What’s Up With the Real Estate Market? Selling a House: More Stressful Than Saying ‘I Do’? Selling a home is considered more stressful than planning a wedding.    Yes, you read that right! According to a recent study by Opendoor, selling a home is 35% more stressful than planning to exchange vows. And for many homeowners aged 55 and over, selling a home is often intertwined with major life transitions, adding […]
What’s Up With the Real Estate Market? The Costs of Selling Your Home (and How to Maximize Your Profits) Let’s face it—between repairs, closing costs and commissions, the costs associated with selling your house can add up fast. Case in point: homeowners reported spending $54,616 when selling their homes, according to a recent survey from Clever Real Estate—an amount that was surprising to 42%.    Despite the costs, the majority (64%) made a profit […]
What’s Up With the Real Estate Market? Pros and Cons of Buying New Construction in Today’s Market You may have noticed an uptick in construction and newly built homes. But it’s not just a trend we’re seeing here in Tampa. In fact, about one-third of single-family homes for sale today are newly constructed, a dramatic increase from pre-pandemic levels. Let’s dive into why new construction homes are dominating the market and what […]
What’s Up With the Real Estate Market? 4 Mortgage Loan Mistakes That Could Cost You Money There’s nothing like the moment when you’ve found your dream home. It’s easy to get caught up in the excitement and make moves to finalize everything as quickly as possible. And while timeliness is important, it can lead to mistakes that end up costing you thousands.   Here are the four biggest mistakes people make […]
What’s Up With the Real Estate Market? Real Estate vs. Stocks: The Ultimate Long-Term Investment Showdown   When it comes to long-term investments, Americans have a clear favorite: real estate.    According to a recent Gallup poll, 36% of Americans believe real estate is the best long-term investment, outpacing stocks (22%), gold (18%), savings accounts (13%), bonds (4%) and cryptocurrencies (3%).   Why is that the case? Let’s dive into why […]
What’s Up With the Real Estate Market? Top Remodeling Projects for Maximum ROI in 2024 Thinking about sprucing up your home? Whether you’re planning to sell soon or just want to enhance your living space, remodeling can be a great investment. But not all projects offer the same return—especially since home repair costs have risen 40% since 2019. I know remodeling costs today can be disheartening, but the experts at […]
What’s Up With the Real Estate Market? Make Homeownership a Reality If you’re trying to make homeownership a reality, you know that the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR): “Compared to one year ago, the monthly mortgage payment rose to […]
What’s Up With the Real Estate Market? What Can I Do To Get My House Ready To Sell? What Can I Do To Get My House Ready To Sell? In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions […]
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What’s Up With the Real Estate Market? Should I Sell My House This Year? Should I Sell My House This Year? There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house […]
What’s Up With the Real Estate Market? What Are Experts Saying About Mortgage Rates? If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to […]
What’s Up With the Real Estate Market? Should You Buy a House? – How Owning a Home Builds Your Net Worth POV: Should I buy a house? Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is […]
What’s Up With the Real Estate Market? New Homes May Have the Incentives You’re Looking for Today According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that […]
What’s Up With the Real Estate Market? Buyers: You May Face Less Competition as Bidding Wars Ease One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried […]
What’s Up With the Real Estate Market? What’s Actually Happening with Home Prices Today? One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture. Part of the challenge […]
What’s Up With the Real Estate Market? A Trusted Real Estate Advisor Provides Expert Advice Question: “Should I Hire a Real Estate Agent?”   Answer: If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. […]
What’s Up With the Real Estate Market? Work With a Real Estate Professional if You Want the Best Advice Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation. An Expert Will Give You the Best […]
What’s Up With the Real Estate Market? The One Thing Every Homeowner Needs To Know About a Recession A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research (NBER) defines a recession this way: […]
What’s Up With the Real Estate Market? How Homeownership Can Bring You Joy If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own. […]
What’s Up With the Real Estate Market? Why Rising Mortgage Rates Push Buyers off the Fence If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are reacting in one of two ways: they’re […]
What’s Up With the Real Estate Market? If You’re a Homeowner, You Have Incredible Leverage When You Sell Today In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winning bid on their dream home To buy […]
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