Thursday, March 22, 2018 / by Sherry Wheeler
Spring is here, it's a sellers market and rates are rising. Unfortunately when rates rise prices don't shrink. Whether you are buying or selling it is the perfect time to do both. Sell while it is a sellers market and buy before rates increase. Win, win for both!
The market it tight because we have more buyers than we have homes. This positions homes for a quick sale and many times with multiple offers.
If you are ready to sell or know someone want to sell please contact us. We need to get your home on the market before the spring rush. The best time to list is NOW.
If you or someone you know is wanting to BUY the best time is NOW too. Don't wait for rates to continue to rise!
Wednesday, March 14, 2018 / by Sherry Wheeler
7 Factors to Consider When Choosing A Home to Retire In
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.
According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.
“It may be easy enough to purchase your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have a mortgage on the property.”
Would moving to a complex with homeowner association fees actually be cheaper than havin ...
Monday, March 5, 2018 / by Sherry Wheeler
Housing Market Expected To “Spring Forward” This Year
Just like our clocks this weekend in the majority of the country, the housing market will soon “spring forward!” Similar to tension in a spring, the lack of inventory available for sale in the market right now is what is holding back the market.
Many potential sellers believe that waiting until Spring is in their best interest, and traditionally they would have been right.
Buyer demand has seasonality to it, which usually falls off in the winter months, especially in areas of the country impacted by arctic temperatures and conditions.
That hasn’t happened this year.
Demand for housing has remained strong as mortgage rates have remained near historic lows. Even with the recent increase in rates, buyers are still able to lock in an affordable monthly payment. Many more buyers are jumping off the fence and into the market to secure a lower rate.
The National Associatio ...