Market Updates

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Market Updates Home Buyer Priorities: What Matters Most to You Buying a home is a personal journey. Home buyer priorities often differ from person to person. What you consider essential may be irrelevant to someone else. Therefore, understanding these differences can help you make better choices and manage expectations during your home search. Why Home Buyer Priorities Differ Between Buyers Every buyer brings a unique […]
Market Updates Home Improvements and Resale Value Explained Understanding the connection between home improvements and resale value is essential for every homeowner preparing to sell. While upgrades may enhance your lifestyle, not all of them increase your home’s market value. In many cases, improvements are made for personal comfort rather than buyer appeal. This gap often leads to pricing mistakes, longer days on […]
Market Updates Timing the Real Estate Market Costs You The Problem With Timing the Market Many buyers and sellers attempt timing the real estate market, hoping to buy low and sell high. They wait for what they believe is the “perfect moment” to make a move. However, this strategy often backfires. While they wait, prices rise, interest rates shift, and valuable opportunities disappear. Trying […]
Market Updates Why Listing Your Home at the High End of the Comps Fails In real estate, listing your home at the high end of the comps may seem like a smart move to maximize profit. However, this strategy often leads to disappointing outcomes such as extended time on the market, fewer showings, and lower final sale prices. While it might be tempting to “test the market” with a […]
Market Updates Mortgage Rates: Why the Fed Isn’t the Only Factor The Fed Doesn’t Control Mortgage Rates Like You Think Many people believe that mortgage rates go up or down depending on what the Federal Reserve does. That’s only partly true. The Fed sets short-term interest rates, like the federal funds rate, but mortgage rates are tied more closely to the 10-year U.S. Treasury bond. While […]
Market Updates Why Mortgage Rates Won’t Return to 2 or 3 Percent – Buy Smart Now If you’re waiting to buy a home because you think mortgage rates will drop back to 2% or 3%, you may be waiting for something that simply won’t happen again. Understanding why mortgage rates won’t return to 2 or 3 percent is essential for anyone trying to time the housing market. The ultra-low rates we […]
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