Home Sellers: There Is an Extra Way To Welcome Home Our Veterans

Home Sellers: There Is an Extra Way To Welcome Home Our Veterans | Simplifying The MarketSome veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors (NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae and Freddie Mac), accounted for 74% of mortgages obtained by homebuyers in May 2021, an increase from about 65% during 2018 through […]

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures

4 Reasons Why the End of Forbearance Will Not Lead to a Wave of Foreclosures | Simplifying The MarketWith forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 […]

A Look at Housing Supply and What It Means for Sellers

A Look at Housing Supply and What It Means for Sellers | Simplifying The MarketOne of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is good news for you. It means your house will get more attention, and […]

3 Hot Topics in the Housing Market Right Now

3 Hot Topics in the Housing Market Right Now | Simplifying The MarketIf you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market. Technology Acceleration and […]

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”