May 2019

Found 3 blog entries for May 2019.

In today’s housing market, home prices are increasing at a slower pace (3.7%) than they have over the last eight years (6-7%). However, they are still are above historical norms. Low supply of listed homes and high demand from buyers has pushed prices to rise rapidly.

In the mind of the homeowner, annual home price appreciation over 6% has become the new normal. This becomes a challenge when a homeowner looks to refinance or sell their home, as the expectation of what the homeowner believes the home should be worth does not always line up with the bank’s appraisal.

Every month, the Home Price Perception Index (HPPI) measures the disparity between what a homeowner seeking to refinance their home believes their house is worth and what an appraiser’s

364 Views, 0 Comments


Comparative Market Analysis

The proper balance of these factors will expedite your sale;

PRICE - Pricing your home properly from the start is the deciding factor on how long it will take to sell.

TIMING - Property values are affected by the current real estate market. Because we can't control the market, we'll collaborate on a price & marketing strategy that will take advantage of the first 30 days your property is listed.

CONDITION - The condition of the property affects the price & the speed of the sale. As buyers often make purchases based on emotion, first impressions are so important.

LOCATION - The location is the single most important factor in determining the value of your property.

COMPETITION - Buyers are going to compare

2,933 Views, 0 Comments

Excellent credit has many benefits while poor credit has absolutely none! In fact, poor credit can negatively impact your day to day life and prevent you from achieving your goals, such as becoming a homeowner. So if your credit score is below 800 you’ll want to work on improving it. Sure you may qualify for a mortgage, auto loan or credit cards with a lower credit score, but the higher the score the more benefits, like lower interest rates.

1. Review Credit
First and foremost you’ll want to review your entire credit report line by line to make sure it’s accurate. If you find information that’s not correct make sure to take the proper steps to get it corrected. Unfortunately, this isn’t always an easy process and can take time to see items

408 Views, 0 Comments