Existing-Home Sales Report Indicates Now Is a Great Time to Sell
The best time to sell anything is when demand for that item is high and the supply of that item is limited. The latest Existing-Home Sales Report released by the National Association of Realtors (NAR), reveals that demand ...
Posted by Missy Ashcraft on October 17, 2019 in Selling Your Home
5 Homebuying Acronyms You Need to Know
Learning the lingo of homebuying is an important part of feeling successful when buying a home.
From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them.
Your local ...
Posted by Missy Ashcraft on October 11, 2019 in Buying a Home
3 Signs the Housing Market Is on the Rebound
The residential real estate market has been plodding along for most of the year. However, three recent reports show the market may be on the verge of a rebound:
1. Existing Home Sales (closed sales) are up, marking two consecutive months of ...
Posted by Missy Ashcraft on October 10, 2019 in Selling Your Home
4 Tips to Improve Your Home and Save on Your Energy Bill
As a homeowner, it’s important to keep your home running efficiently, not only to save money, but also to help the environment thrive. October 2nd is Energy Efficiency Day, a perfect time to think about making some key upgrades ...
Posted by Missy Ashcraft on October 9, 2019 in Misc
What to Expect from Your Home Inspection
You made an offer and it was accepted. Your next task is to have the home inspected prior to closing. Agents often recommend you make your offer contingent upon a clean home inspection.
This contingency allows you to renegotiate the price you ...
Posted by Missy Ashcraft on October 8, 2019 in Selling Your Home
The Cost of Waiting Until Next Year to Buy
The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
Freddie Mac forecasts interest rates will rise to 3....
Posted by Missy Ashcraft on October 4, 2019 in Buying a Home
Homeowners Are Happy! Renters? Not So Much.
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that the non-financial benefits might be even more valuable.
Posted by Missy Ashcraft on October 3, 2019 in Buying a Home
Are You Ready for the ‘Black Friday’ of Real Estate?
Every year, ‘Black Friday’ is a highly anticipated event for eager shoppers. Some people prepare for weeks, crafting and refining a strategic shopping agenda, determining exactly when to arrive at each store, and capturing a wish list of ...
Posted by Missy Ashcraft on October 2, 2019 in Buying a Home
Should You Fix Your House Up or Sell Now?
With the fall season upon us, change is in the air. For many families, children are growing up and moving out of the house, maybe leaving for college or taking a jump into the working world. Parents are finding themselves as empty nesters for the ...
Posted by Missy Ashcraft on October 1, 2019 in Selling Your Home
Is Your House “Priced to Sell Immediately”?
In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.
Posted by Missy Ashcraft on September 30, 2019 in Selling Your Home
4 Reasons to Sell This Fall
Buyers are active in the market and often competing with one another for available listings.
Housing inventory is still under the 6-month supply found in a normal housing market.
Homes are still selling relatively quickly, ...
Posted by Missy Ashcraft on September 27, 2019 in Selling Your Home
One of the Top Reasons to Own a Home
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each ...
Posted by Missy Ashcraft on September 26, 2019 in Buying a Home
What Buyers Need to Know About HOAs
When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you.
According to a recent article ...
Posted by Missy Ashcraft on September 25, 2019 in Buying a Home
Home Prices Increase in Every Price Range
CoreLogic’s Home Price Index (HPI) Report revealed,
“National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.”
They also analyzed four individual ...
Posted by Missy Ashcraft on September 24, 2019 in Market Statistics
Things to Avoid After Applying for a Mortgage
Congratulations! You’ve found a home to buy and have applied for a mortgage! You’re undoubtedly excited about the opportunity to decorate your new home, but before you make any large purchases, move your money around, or make any ...
Posted by Missy Ashcraft on September 23, 2019 in Buying a Home
The Post-Inspection Negotiation Two-Step: What You Can Expect
Inspections are an important part of the home-selling process. The home inspector will locate any potential problems with the property, making sure that all involved know what’s wrong and what needs to be fixed. What happens then, though? ...
Posted by Missy Ashcraft on September 3, 2019 in Buying a Home
What To Expect in an Inspection
Know What to Expect at Your Home Inspection
So you made an offer and it was accepted. Now, your next task is to have the home inspected prior to closing. Agents oftentimes make your offer contingent on a clean home inspection.
Posted by Missy Ashcraft on June 27, 2019 in Buying a Home
What You Need to Know About PMI.
Whether it is your first time or your fifth, it is always important to know all the facts when it comes to buying a home. With the large number of mortgage programs available that allow buyers to purchase homes with down payments below 20%, you can ...
Posted by Missy Ashcraft on June 23, 2019 in Buying a Home