Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]

Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively impact affordability for buyers, while home price appreciation continues to grow home equity, which sellers can use to fuel a move up.
  • Terms like appraisal (what lenders rely on to validate a home’s value) and contingencies (which buyers can minimize to make their offer stand out) directly impact the transaction.
  • You don’t need to be fluent in the language of the market to buy or sell. Instead, let’s connect today so that we can translate the process together.

Today’s Real Estate Market Explained Through 4 Key Trends

Today’s Real Estate Market Explained Through 4 Key Trends | Simplifying The MarketAs we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four key components that are shaping this unprecedented market. A Shortage […]

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too?

Remote Work Has Changed Our Home Needs. Is It Time for Your Home To Change, Too? | Simplifying The MarketOver the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you’re longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs. Working from Home Isn’t a Passing […]

3 Charts That Show This Isn’t a Housing Bubble

3 Charts That Show This Isn’t a Housing Bubble | Simplifying The MarketWith home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The housing market isn’t driven by risky mortgage loans. Back in 2006, nearly everyone could […]

What Home Buyers and Sellers Need to Know Before Hiring a Real Estate Agent

When you work with a dedicated real estate professional like Eileen Kedersha, regardless of whether you’re buying, selling or both, you can count on a quality experience and unrivaled service. Connect with Eileen today to begin your real estate journey! 954-462-3600  Photo credit: Unsplash
Article Written by: Brittany Fisher, financiallywell.info

What Home Buyers and Sellers Need to Know Before Hiring a Real Estate Agent

When you decide to buy a home, you likely have an idea of where you want to live and what you’re looking for, but how do you know if your ideas line up with reality? When it comes time to sell, how do you know the right price? No one should have to navigate this process on their own, and an experienced real estate agent like Eileen Kedersha can help you find the answers to your questions.

Before hiring an agent, though, start with these tips that will prepare you for what to expect.

Purchasing a Home

The beginning of a home search is more about finding out what you don’t want first and finding out what you do want second. You may have a head full of ideas, but when you actually look at homes, those ideas come into clear focus. For this reason, visit some open houses in the area where you want to buy. When you tour some homes, things that you haven’t even thought of will jump out at you, especially the features you don’t want. This helps narrow down your “must-have” and “like-to-have” list so you and your agent can focus on finding your perfect fit.

As you start visiting open houses and fine-tuning this list, keep these tips in mind: Continue reading “What Home Buyers and Sellers Need to Know Before Hiring a Real Estate Agent”

What You Should Do Before Interest Rates Rise

What You Should Do Before Interest Rates Rise | Simplifying The MarketIn today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options you should consider if you want to take advantage […]

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]

Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC] | Simplifying The Market

Some Highlights

  • Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market.
  • Although the supply increases are modest, more homes means more options for buyers. A rise in inventory may also help slow the price gains we’ve seen recently and could be a sign of good things to come.
  • If you’re searching for a home, rising inventory is welcome news. Let’s connect today to discuss new listings in our area.

Diving Deep into Today’s Biggest Buyer Concerns

Diving Deep into Today’s Biggest Buyer Concerns | Simplifying The MarketLast week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans believe it’s a “bad time to buy” a home. The percentage of those surveyed saying it’s a “bad […]

Housing Supply Is Rising. What Does That Mean for You?

Housing Supply Is Rising. What Does That Mean for You? | Simplifying The MarketAn important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indications we may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist at First American, recently said of our supply challenges: “It looks like inventory may have hit […]