sandy sill realtor: A Key Opportunity for Homebuyers - 06/28/22 09:12 PM
A Key Opportunity for Homebuyers
There’s no denying the housing market has delivered a fair share of challenges to homebuyers over the past two years. Two of the biggest hurdles homebuyers faced during the pandemic were the limited number of homes for sale and the intensity and frequency of bidding wars. But those two things have reached a turning point.
As you may have already heard, the number of homes for sale has increased this year, and even more so this spring. As Danielle Hale, Chief Economist for realtor.com, explains:
“New listings–a measure of sellers putting homes up for sale–were up 6% above one year … (1 comments)

sandy sill realtor: Why an Agent Is Essential When Pricing Your House - 06/24/22 07:36 PM
Why an Agent Is Essential When Pricing Your House Some Highlights When it comes to pricing your house, there’s a lot to consider. The only way to ensure you price it right is by partnering with a local real estate professional. To find the best price, your agent balances current market demand, the values of homes in your neighborhood, where prices are headed, and your home’s condition. Don’t pick just any price for your house. If you’re ready to sell, let’s connect to find the perfect price for your house. … (0 comments)

sandy sill realtor: Homeownership Is a Great Hedge Against the Impact of Rising Inflation - 06/23/22 08:50 PM
Homeownership Is a Great Hedge Against the Impact of Rising Inflation
If you’re following along with the news today, you’ve heard about rising inflation. Today, inflation is at a 40-year high. According to the National Association of Home Builders (NAHB):
“Consumer prices accelerated again in May as shelter, energy and food prices continued to surge at the fastest pace in decades. This marked the third straight month for inflation above an 8% rate and was the largest year-over-year gain since December 1981.”
With inflation rising, you’re likely feeling it impact your day-to-day life as prices go up for gas, groceries, and more. These climbing consumer costs can … (3 comments)

sandy sill realtor: Things To Avoid After Applying for a Home Loan - 06/22/22 07:52 PM
Things To Avoid After Applying for a Home Loan
Once you’ve applied for a mortgage to buy a home, there are some key things to keep in mind. While it’s exciting to start thinking about moving in and decorating, be careful when it comes to making any big purchases. Here are a few things you may not realize you need to avoid after applying for your home loan.
Don’t Deposit Large Sums of Cash Lenders need to source your money, and cash isn’t easily traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your … (5 comments)

sandy sill realtor: More Listings Are Coming onto the Market  - 06/17/22 08:30 PM
More Listings Are Coming onto the Market 
Some Highlights Worried you won’t be able to find your next home after you sell? You should know data from realtor.com shows more listings are coming onto the market each month this year. Having additional options can make the search for your next home easier. But inventory is still low overall, which means your house should still stand out when you sell. If your biggest question is where you’ll go if you sell, take this as encouraging news. Let’s connect to start the process today. … (2 comments)

sandy sill realtor: A Majority of Consumers Say It’s a Good Time To Sell Your House - 06/15/22 08:14 PM
A Majority of Consumers Say It’s a Good Time To Sell Your House
If you’re a homeowner thinking about selling your house, you’re probably looking for the best time to make your move. That means you’re likely balancing a number of factors, like your changing needs, where you’ll go when you sell, and today’s mortgage rates in order to time it just right.
According to recent data, that sweet spot could already be here. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae finds that 76% of consumers believe now is a good time to sell.
The graph below shows the percentage of survey respondents who say it’s … (1 comments)

sandy sill realtor: More Americans Choose Real Estate as the Best Investment Than Ever Before - 06/13/22 09:11 PM
More Americans Choose Real Estate as the Best Investment Than Ever Before
Americans’ opinion on the value of real estate as an investment is climbing. That’s according to an annual survey from Gallup. Not only is real estate viewed as the best investment for the ninth year in a row, but more Americans selected it than ever before.
The graph below shows the results of the survey since Gallup began asking the question in 2011. As the trend lines indicate, real estate has been gaining ground as the clear favorite for almost a decade now:

If you’re thinking about purchasing a home, let this poll … (2 comments)

sandy sill realtor: The Top Reasons To Own Your Home - 06/10/22 07:59 PM
The Top Reasons To Own Your Home
Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re considering homeownership, know that it can give you privacy, comfort, and a place to express yourself. It can also provide financial stability and help you grow your net worth. Are you ready to experience all the great benefits that come from purchasing a home? Let’s connect to begin the process today. … (3 comments)

sandy sill realtor: History Proves Recession Doesn’t Equal a Housing Crisis  - 06/03/22 09:25 PM
History Proves Recession Doesn’t Equal a Housing Crisis 
Some Highlights It’s important to understand history proves an economic slowdown does not equal a housing crisis. In 4 of the last 6 recessions, home prices actually appreciated. Home prices only fell twice – minimally in the early 90s and then by nearly 20% during the housing crash in 2008. If you have questions, let’s connect to discuss why today’s housing market is nothing like 2008. … (2 comments)

sandy sill realtor: How Homeownership Impacts You - 06/02/22 08:28 PM
How Homeownership Impacts You
June is National Homeownership Month, and it’s the perfect time to reflect on how impactful owning a home can truly be. When you purchase a house, it becomes more than just a space you occupy. It’s your stake in the community, an investment, and a place you can put your stamp on.
If you’re thinking about buying a home this year, here are some of the benefits you'll experience when you do.
The Emotional Benefits of Homeownership Because it’s a place that's uniquely yours, owning a home can give you a sense of pride and happiness in several ways.
Your Home Can … (1 comments)

sandy sill realtor: Why Home Loans Today Aren’t What They Were in the Past - 06/01/22 08:16 PM
Why Home Loans Today Aren’t What They Were in the Past
In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns.
Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their website:
“The MCAI provides the only standardized quantitative index that is solely focused on mortgage credit. The MCAI is . . . a summary measure which indicates the availability of mortgage credit at a point in time.”
Basically, the index determines how … (3 comments)

sandy sill realtor: What Does the Rest of the Year Hold for the Housing Market? - 05/31/22 07:06 PM
What Does the Rest of the Year Hold for the Housing Market?
If you’re thinking of buying or selling a house, you’re at an exciting decision point. And anytime you make a big decision like that, one thing you should always consider is timing. So, what does the rest of the year hold for the housing market? Here’s what experts have to say.
The Number of Homes Available for Sale Is Likely To Grow There are early signs housing inventory is starting to grow and experts say that should continue in the months ahead. According to Danielle Hale, Chief Economist at realtor.com:
“The gap between this year’s homes for sale … (3 comments)

sandy sill realtor: Remember and Honor Those Who Gave All - 05/30/22 08:41 PM
Remember and Honor Those Who Gave All
We remember and honor those who gave all.
(1 comments)

sandy sill realtor: Bright Days Are Ahead When You Move Up This Summer  - 05/27/22 06:37 PM
Bright Days Are Ahead When You Move Up This Summer 
Some Highlights Warmer weather and longer days mean summer is almost here. Celebrate by upgrading to the home of your dreams so you can enjoy all the season has to offer. When you list your house, you can capitalize on today’s sellers’ market to fuel your upgrade. Then, you can move to a home with the features you want, like space to entertain or rooms for work and play. If you’re ready to upgrade to a home that matches your changing needs, let’s connect. … (0 comments)

sandy sill realtor: Why Summer Is a Great Time To Buy a Vacation Home - 05/26/22 09:21 PM
Why Summer Is a Great Time To Buy a Vacation Home
You may be someone who looks forward to summer each year because it gives you an opportunity to rest, unwind, and enjoy more quality time with your loved ones. Now that summer is just around the corner, it’s worthwhile to start thinking about your plans and where you want to spend your vacations this year. Here are a few reasons a vacation home could be right for you.
Why You May Want To Consider a Vacation Home Today Over the past two years, a lot has changed. You may be … (1 comments)

sandy sill realtor: Work With a Real Estate Professional if You Want the Best Advice - 05/23/22 08:27 PM
Work With a Real Estate Professional if You Want the Best Advice
Because buying or selling a home is such a big decision in our lives, the need for clear, trustworthy information and guidance is crucial. And while no one can give you perfect advice, when you align yourself with an expert, you’ll get the best advice for your situation.
An Expert Will Give You the Best Advice Possible Let’s say you need an attorney, so you seek out an expert in the type of law required for your case. When you go to their office, they won’t immediately tell you how the case is going to … (1 comments)

sandy sill realtor: Don’t Let Rising Inflation Delay Your Homeownership Plans - 05/20/22 08:45 PM
Don’t Let Rising Inflation Delay Your Homeownership Plans Some Highlights If recent headlines about rising inflation are making you wonder if it’s still a good time to buy, here’s what experts have to say. Housing is an asset that typically grows in value. Plus, your mortgage helps stabilize your monthly housing costs, and buying protects you from rising rents. Experts say owning a home is historically a good hedge against inflation. Let’s connect if you’re ready to start the homebuying process today. … (1 comments)

sandy sill realtor: The One Thing Every Homeowner Needs To Know About a Recession - 05/19/22 08:46 PM
The One Thing Every Homeowner Needs To Know About a Recession
A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value.
The National Bureau of Economic Research (NBER) defines a recession this way:
“A recession is a significant decline in economic activity spread across the economy, normally visible in production, employment, and other indicators. A recession begins when the economy reaches a peak of economic activity and ends when the economy … (3 comments)

sandy sill realtor: How Homeownership Can Bring You Joy - 05/18/22 08:30 PM
How Homeownership Can Bring You Joy
If you're trying to decide whether to rent or buy a home, you're probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely your own.
If you want to express yourself by upgrading and customizing your living space but are feeling held back by your rental agreement, it might be time to consider the perks of owning your home.
A Little Change Can Bring Lots of Joy There’s … (3 comments)

sandy sill realtor: Should You Update Your House Before Selling? Ask a Real Estate Professional. - 05/13/22 07:24 PM
Should You Update Your House Before Selling? Ask a Real Estate Professional.
Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling your house, let’s connect so you have expert advice that’s customized to your home and our local area. … (4 comments)

 
Sandy Sills, Associate Broker (Preferred Real Estate Brokers)

Sandy Sills

Associate Broker

Orlando, FL

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Address: 2121 S Hiwassee Road, Orlando, FL, 32835

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