If Home Sales Are Going To Slow, April Did Not Show It
Many wonder or suspect if home sales will slow in 2022 because of rising mortgage interest rates. That is certainly just one of the reasons why home sales could slow…
Home Buyer Demand, While Possibly Reduced Due To Higher Interest Rates, Seems To Still Exceed Supply
This is totally anecdotal at this time, so I'll see what the data seems to indicate when I compile my market later this month, but thus far.. Home Buyer Demand, While…
Take Them A Meal Launches New Mobile Friendly Website
Most of the time, I'm helping folks buy and sell real estate. But... in my "spare time" I help run a website that my friend, Adina, and I created 14 years ago…
Folks Who Bought Homes In 2020 or 2021 Might Stay In Their Homes Longer Than Expected
Did you buy a home in 2020 or 2021? I'm betting you might stay in that home longer than we might otherwise expect. After all, who would want to give up that fixed…
Can You Make a $300,000 Decision In Less Than An Hour?
It's a weird time to be a home buyer... in oh, so many ways! But here's one of them... Perhaps you are going to spend $300,000 on the home that you hope to purchase this…
Home Price GROWTH Seems Likely To Decline In 2022
It seems likely that we will see a decline in home price GROWTH in 2022. Here are the changes in the median sales price over the past five years... 2017 = +3% 2018 = +7%…
Buying A Home To Lock In Your Housing Costs
Yes, home prices are going up... and yes, interest rates are going up. As a result, your mortgage payment (if you buy a house) will be higher now than if you had bought a…
If You Hope To Buy a Home and Have Not Talked To Your Lender Lately, Do So NOW!
So, you've been planning to and trying to buy a home for the past four months... but despite having made multiple offers, nothing has worked out yet. This is not as…
Many Would Be Buyers Are Finding Zero Homes For Sale Right Now
It's a strange time right now -- there are quite a few segments of the market with absolutely no options for buyers. For example, let's say you wanted to buy a resale…
Even Home Sellers of Newer Or Well Maintained Homes Enjoy Offers Without Inspection Contingencies
So, you're getting ready to make an offer on a super popular new listing. You've heard that there have been 12 showings thus far, and there are already three offers on…
You Might Not Want To Think About This Aspect Of Escalation Clauses. Sorry!?
Escalation clauses are all the rage right now when would-be buyers are competing against multiple other offers on popular, well prepared, well priced, thoroughly marketed…
If Your Downpayment Is Small, Your Escalation Clause Differential Should Likely Be Large
Consider these scenarios of multiple offers on a house listed for $400,000... Two offers... Offer of $405,000 contingent on financing 70% of the purchase price. Offer of…