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Uncategorized National Real Estate Market Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further […]
Uncategorized How to Become a Homeowner on a First-Time Buyer’s Budget It’s not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers […]
Uncategorized Stress-Free Home Cleaning: 27 Practical Tactics for Busy Households Stress-Free Home Cleaning: 27 Practical Tactics for Busy Households 31 Mar 2023  by Ted Miller Keeping a clean and orderly home is a challenge for many of us. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let alone larger seasonal tasks. The effort is worthwhile, however. A sanitary environment can […]
Uncategorized My Home Didn’t Sell! Now What? When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can […]
Uncategorized Top 6 Home Design Trends To Watch in 2023 Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home offices to upgrading the appliances we use most. But […]
Uncategorized 2023 Real Estate Market Outlook (And What It Means for You) Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly. Both demand […]
Uncategorized Home for the Holidays: How To Stretch Your Budget in a Season of Inflation You don’t have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra savings. For example, according to the U.S. Environmental Protection Agency (EPA), you can save […]
Uncategorized 7 Tips to Maximize Your Home’s Sale Price Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled.1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no longer enough to stick a “for sale” sign in […]
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Uncategorized Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home Buy Now or Rent Longer? 5 Questions to Answer Before Purchasing Your First Home 30 Sep 2022  by Ted Miller II Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the […]
Uncategorized 8 Strategies to Secure a Lower Mortgage Rate 8 Strategies to Secure a Lower Mortgage Rate 31 Aug 2022  by Ted Miller II Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1 This climate has been unsettling for some […]
Uncategorized 10 Pro Tips for a Smooth Home Move 10 Pro Tips for a Smooth Home Move 01 Aug 2022  by Ted Miller II The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling […]
Uncategorized 7 Costly Mistakes Home Sellers Make (And How to Avoid Them) 7 Costly Mistakes Home Sellers Make (And How to Avoid Them) 30 Jun 2022  by Ted Miller II No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of […]
Uncategorized Higher Rates and Short Supply: The State of Real Estate in 2022 01 Jun 2022  by Ted Miller II The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and a major supply shortage.1 But while some had […]
Uncategorized 5 Ways to Write a Winning Offer in Today’s Real Estate Market 01 May 2022  by Ted Miller II Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in a mortgage—which has only added fuel to the fire.1 […]
Uncategorized Seller’s Checklist: A Timeline to Prep Your Home for Sale 01 Apr 2022  by Ted Miller II We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real estate agent as soon as possible. Having the […]
Uncategorized Hedge Against Inflation With These 3 Real Estate Investment Types The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a higher cost of goods, to continue.2 Luckily, an investment in real estate […]
Uncategorized 8 Popular Home Design Features for 2022 There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often one of the first things buyers notice when they walk into a home, and it’s also a detail that you, as a seller, can […]
Uncategorized A Return to “Normal”? The State of Real Estate in 2022 Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in the fourth quarter that the red-hot housing market was beginning to simmer down. In the […]
Uncategorized New Build or Existing Home: Which One is Right for You? Homebuyers today are facing a huge dilemma. There simply aren’t enough homes for sale.1 Nationwide, there were 1.27 million active listings in September, down 13% from the previous year. According to the National Association of Realtors, that’s about 2.4 months of inventory, which is far less than the six months that is generally needed to […]
Uncategorized 9 Tips for Buying and Selling your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re already feeling drained by the complex logistics of trying to sell and […]