Posts from February 2022
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23
How to Hire a Real Estate Agent in 2022
In a red-hot housing market like today's, both buyers and sellers can benefit greatly from hiring the right real estate agent. Buyers and sellers who enter the housing market without a real estate agent often assume hiring a professional simply costs too much. In reality, sellers who choose to list FSBO and buyers who house hunt alone miss out on a valuable resource-rich in knowledge, skill, and experience. Not only are real estate agents skilled negotiators with lots of neighborhood knowledge. They also have...
16
More People Are Planning To Buy a Home Soon
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren't waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are entering the market or moving their plans up so they can make their purchases as soon as possible.
The most recent Consumer Confidence Survey finds that, of those surveyed, the percentage of people planning to buy over the next six months has increased substantially since last fall (see graph below):
16
Want Top Dollar for Your House? Now's the Time To List It.
When you're selling any item, you usually want to sell it for the greatest profit possible. That happens when there's a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you're thinking of selling your house this year, here are two reasons why now's the time to list.
1. Demand Is Very Strong This Winter
A recent article in Inman News ...
4
The Top Indicator if You Want To Know Where Mortgage Rates Are Heading
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates changes what a purchaser can afford. To give you an idea of how rising mortgage rates impact your purchasing power, see the table below: