sellers: Mortgage Pre-Approval?
- 10/16/23 07:05 AM
So, you're looking to buy a piece of the American Dream, owning a home. There are a couple of very important first steps you should do.
1. Find a professional Realtor® to partner with. They will be able to guide you through the entire process. This is valuable.
2. Work with your local mortgage lender to find out just how much you can afford and obtain a mortgage pre-qualification or pre-approval.
Once you do those two things you can begin to work on finding that one piece of Real Estate that will meet your needs or your family's needs. Below is an interesting article … (7 comments)
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sellers: Do You Need To...
- 11/02/22 08:31 AM
Sell Your House Before the Holidays?
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One of those key decision points could be whether or not you want to move this year. If the location or size of your current home no longer meets your needs, finding a house that better suits your lifestyle may be a top priority for you. But with today’s cooling housing market, is it really a good time to sell your house, or should you wait?
If you’re ready to make … (6 comments)
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sellers: The First Day of May
- 05/01/22 06:54 AM
Happy May Day! The 1st of May is also known as International Workers Day and since we as Realtors work as hard as any other worker, Thank you for your dedication to the public by helpinbg them through the purchase and/or sale of Real Estate.
Now that May is here the gardens will be planted, and curb appeal will be enhanced. Now let's pray that inventory will increase so buyers in waiting are able to participate in the American Dream of homeownership.
… (14 comments)
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sellers: Consider a Veteran
- 08/04/21 06:39 AM
With the withdrawal of U.S, Military personnel happening more veterans will be entering the home buying market. Many times VA loans are not given due consideration because of VA-required contingencies. When we act as Seller Agents we really need to discuss the possibility of VA loans with our clients. VA loans are guaranteed by the United States government, are advantageous for veterans and their families BUT it seems many veterans making offers & utilizing the VA Home Loan are encountering resistance from sellers and maybe even seller agents.
Home Sellers: There Is an Extra Way To Welcome Home Our Veterans Some … (21 comments)
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sellers: How Low Can They Go???
- 11/20/20 10:00 AM
Interest rates have hit a low for the 13th time this year! With prices escalating the interest rates have been very friendly to the buying & selling public.
Buyers, this is a great time to get prequalified/approved for a mortgage and begin your search.
Sellers, this is a great time to ready your house and place it on the active market.
Inventory is low, but, one of the reasons for this is houses being placed in the active market are getting scooped up. So be prepared to submit your highest and best offer and avoid the games some play.
… (10 comments)
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sellers: Let Me Count the Ways...
- 10/30/20 10:46 AM
Have you found yourself sitting on the hedge wondering whether you should put your home up for sale in the active market? You're not in that boat by yourself, by any means at all. With all that's happened this year, it's not surprising that folks are hesitating.
* While inventory IS low, the housing market has been on fire!
* Prices are rising
* Interest rates are under 3%
* Now, add the flight from the large population centers to the mix. This puts sellers in a good position.
*AND Buyers abound!
Here's an article from the folks ay KCM about how low inventory is a … (8 comments)
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sellers: Interest Rate Update...
- 10/08/20 05:10 PM
Can Interest Rates be lower? Who knows? I didn't think they'd be this low. One of my clients just refinanced at 2.75% fixed 30 years. BUYERS do not procrastinate! Now to get inventory numbers up. SELLERS. we know you are out there...lol
… (10 comments)
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sellers: The World Runs On...
- 09/29/20 10:20 AM
...Coffee or so Dunkin Donuts would have you believe! Today is National Coffee Day (as it really is every day...lol)
Coffee has become an integral part of life around the world. People socialize over it, do business over it, wake up to it and on, and on. Now, we all know there's good coffee and bad coffee.
Pam, my wife, will tell you, if Doug likes it then you'll know it's bad coffee...lol.
BUT there are some excellent coffee roasters/brewers out there. I'm not going to promote any particular one BUT I can tell you there is a veteran-owned roaster out there that produces … (10 comments)
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sellers: Is There Really A...
- 02/04/20 10:14 AM
Some say there is. It feels like there is. New construction is way down and Millenials are entering the market place in larger numbers. Demand is high and the markets are hot.
There are always buyers in the market BUT lately, there have been few homes in inventory. YET, sometimes looks can be deceiving. Let me explain. Our town and the 4 towns that border us currently have a combined 31 residential listings, including condos. However, year over year there have been 456 closed transactions in those same 5 communities!
In my little town of 8700, there were 123 closed transactions (high … (4 comments)
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sellers: Would You Consider...?
- 12/06/19 10:10 AM
Whether you know it or not...BUYERS are in abundance in the marketplace. I know a couple of people who told me... Realtors® and buyers have knocked on their door(s) asking if they'd consider selling the home (which was not on the market or even being considered). I do have one friend that couldn't refuse the offer as it was much more than they thought it would sell for.
SOOOO...
Buyers Are Looking For Your … (0 comments)
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sellers: 4 Reasons...
- 07/01/19 05:41 AM
"Is the Summertime a good time to sell my home?" is a question we all get to field. Now, I think any season is a good time to sell & buy simply because there are buyers for every day of the year. Sales are brisk. Interest rates have fallen and still low. Buyers are driving prices up & our inventory cannot keep up with the demand for housing. There are many reasons why it's a good time to sell. If you buy today you'll be all set to enjoy your new home by Labor Day.
The folks at KCM have produced a … (12 comments)
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sellers: How's Inventory Impact?
- 05/14/19 08:54 AM
Inventory is still low. It seems to have increased slightly over the Spring months. In our area, homes up to $450K are selling quickly while higher-end homes are lagging with higher Days on Market and price adjustments. It is my opinion, just because you can make the mortgage payment doesn't mean you can afford the home. Prices are rising and right around the immediate Boston area things are price ridiculous. Will there be a correction? That remains to be seen.
A Lack Of Inventory Continues To Impact The Housing Market The housing crisis is finally in the rear-view mirror as the real … (6 comments)
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sellers: Dust Off the Crystal Ball...
- 12/29/18 04:59 AM
if you are making predictions...It's that time of year again! With the New Year just days away the Crystal Ball gazers will be staring into their orbs looking into the fortunes or misfortunes for the upcoming year.
What are your insights for Real Estate for the upcoming year?
As I am not really a soothsayer mine are rudimentary at best and more of a
People will sell and buy property Many people will remain renters Banks will make loans Some transactions will fall apart but more will close The markets will experience highs and lows. Overall Real Estate values should remain steady. And on and on. … (16 comments)
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sellers: What Millennial's Expect...
- 12/18/18 07:45 AM
I received this article from DotLoop and found it to be interesting. As I am much older than those in the Millenial group, I found the article provided some insight into their thought process.
It’s clear that Millennials represent a significant portion of today’s home buyers. In fact, according to Zillow Group’s Consumer Housing Report 2018, Millennials (ages 24-38) account for 42% of all home buyers and 61% of all first-time buyers.
Yet, even more significant, are their attitudes toward the real estate process and how they differ from those of previous generations. Compare the opinions of Millennials with those of their parents’ … (6 comments)
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sellers: The Hot Summer Market...
- 07/03/18 06:20 AM
Buying This Summer? Be Prepared for Bidding Wars … (0 comments)
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sellers: Easy Peasy or Is It?
- 05/03/18 08:25 AM
Buying or Selling a home is supposed to be easy, right? Not necessarily. Sellers and Buyers can help themselves, greatly, by teaming up with a qualified professional Realtor®. An experienced Realtor® can remove much of the stress and emotion associated with the entire process.
My son just made a purchase in VA where the combination agent/attorney for the seller was incompetent. The lack of negotiating and paperwork skills made this a very stressful transaction on all sides. This left the job to his agent and attorney to ensure the process held together.
I found this article online that gives 3 basic tips to … (2 comments)
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sellers: What Will 2018 Bring?
- 01/04/18 10:49 PM
No one has a crystal ball, BUT, there are experts that have a good idea what the 2018 Real Estate Market has in store. Predictive analytics is a fascinating science and I find Dave Ramsey to be 1 financial guru that I have confidence in. Here are some of Dave's expectations for this year
1. Home sales are expected to soar.According to the National Association of Realtors, this year the number of existing-home sales was expected to increase about 3.5%, to 5.64 million. The NAR predicts that existing-home purchases will rise another 2.8% in 2018, to 5.8 million.(1)
With homes continuing to fly off … (6 comments)
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sellers: More Competition?
- 09/28/17 09:24 AM
Another great article from the folks at KCM. Real Estate is local yet, I find myself interested in National happenings & statistics. I know we have new construction taking place in our small community, with more to come, as a 124-acre parcel has just been sold to a developer. How many new homes is not known yet. Thus, the question...
Thinking Of Selling Your Home? Competition Is Coming The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & … (4 comments)
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sellers: To Sell or Not to Sell...
- 07/27/17 07:28 AM
As I stated yesterday a report came out that indicated a 64 consecutive month increase in Real Estate prices and around 24 consecutive months of shrinking inventory.
For a seller, it is hard to know what to do, unless you've been transferred. The time to list your home is always now, IMHO, because there are always buyers looking. So, by delaying and watching prices consistently trending upwards more and more people are priced out of the market.
NOW is the time to list your home if you are a serious seller and not someone who is testing the waters.
An interesting note, I'm beginning to hear more … (2 comments)
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sellers: It's Time...
- 02/08/17 07:04 AM
...to put your home on the market! Many sellers hold off placing their homes on the market during the winter months. They have a false impression that they have to wait for the "Spring Market" before their home will sell.
Savvy sellers realize by listing their homes in February they will be the ones closing in March, April & May. Inventories are still very low and there is more buyer demand than there are homes to buy.
Sellers also realize they will have less competition if they list their properties in February thus beating most sellers to the marketplace.
So, contact your local … (4 comments)
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So, you're looking to buy a piece of the American Dream, owning a home. There are a couple of very important first steps you should do.
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