Since September, mortgage rates have been on a rollercoaster. They first dipped into the low 6% range only to climb past 7% by the end of October. Yikes. If you’re feeling overwhelmed, you’re not alone. These rate fluctuations can make home buying feel like a guessing game. Fortunately, you don’t have to wait for the “perfect” rate to make your homeownership goals happen. The truth is, buyers can find opportunities no matter where rates land. […]
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With the start of a new year, resolutions often focus on what we should do—exercise more, save money, or finally tackle that home project. But what about the things we shouldn’t do? For homeowners, avoiding certain pitfalls can be just as important as setting ambitious goals. This “Reverse Resolutions” list is here to guide you through what NOT to do in 2025. Whether you’re a new homeowner or a seasoned pro, keeping these don’ts in […]
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If you’re planning to buy or sell a home in 2025, there’s something you should know: buyers and sellers aren’t seeing eye to eye on price. According to a recent survey by Clever Real Estate, there’s a $27,000 gap between what buyers think they’ll pay and what sellers expect to get. Buyers are budgeting an average of $386,507, while sellers are eyeing $413,976. So, what’s behind this pricing mismatch, and what does it mean for […]
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Homeownership is amazing—but it’s also a total lifestyle shift from the rental days. From surprise plumbing issues to finally being able to pick paint colors, there’s a whole lot that changes. If you’re considering making the leap, understanding these shifts can prepare you for what lies ahead and ensure a smoother transition to homeownership. 1. Wealth-Building Equity Owning a home means transitioning from monthly rent payments that don’t contribute to your future to mortgage payments […]
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Recently, we came across a podcast featuring Skylar Olsen, Zillow’s Chief Economist. Much of the conversation was what you might expect—housing market predictions for 2025, what Zillow got wrong about 2024, and a breakdown of trends shaping real estate across the country. In other words, the kind of data we live for. But as the conversation wrapped up, Olsen was asked a question that shifted the focus: “What does homeownership mean to you?” Her response? […]
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The 2025 housing market is shaping up to be an interesting one—steady growth, more inventory, and a bit of breathing room for buyers. But let’s be real: behind every steady forecast lies a handful of wild cards that could shift the game. From unexpected mortgage rate swings to federal policies that could either boost supply or throw a wrench in the system, there’s plenty to keep an eye on this upcoming year. Let’s break it […]
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For the first time in over three years, existing home sales increased year over year, reaching a seasonally adjusted annual rate of 3.96 million in October. So, what exactly does this mean? So glad you asked! Even though 2024 is shaping up to have the fewest home sales on record, the rise in sales this October could be a sign that the housing market is starting to recover. After a long stretch of slowing home […]
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A recent study by Fannie Mae revealed a surprising lack of confidence among consumers about the mortgage process. There’s good reason to feel a little cautious. However, homeownership remains a top priority for most, with many considering it a sound long-term investment. All of this can lead to feeling overwhelmed and unsure of your ability to qualify for a home loan. The good news is there are options available—options you may not even be aware […]
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The holidays are almost here, and your home is about to be center stage for festive gatherings and cozy reunions. Whether you’re looking forward to hosting or dreading it, the good news is that you don’t have to empty your wallet while prepping your home. As real estate agents, we’ve seen firsthand how a few strategic staging tweaks can completely transform a home—and we’re sharing our insider tips for getting your space guest-ready on a […]
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You might be thinking, Am I missing out on options if I don’t buy a home during the peak season? While it’s true that spring and summer typically bring an influx of listings, they also bring more competition and, in turn, higher prices. According to the National Association of Realtors (NAR), home sales peak during the warmer months and then decline in the fall and winter. This seasonal shift creates opportunities that most buyers overlook, […]
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