Be In The Know
RSS Feed
-
2026 | 2 Posts
- January | 2 Posts
- 2025 | 19 Posts
- 2024 | 29 Posts
- 2023 | 41 Posts
- 2022 | 36 Posts
- 2021 | 24 Posts
13
Key Questions to Ask Yourself Before Buying a Home
Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today's housing market that you need to make your best decision.
Before you decide whether you're ready to buy a home, you should know how to answer these three questions.
1. What's Going on With Home Prices?
Home prices are one factor that directly impacts how much it will cost to buy a home and how much you stand to gain as a homeowner when prices appreciate.
The graph below shows just how much experts are forecasting prices to rise this year:
Continued price appreciation is great news for existing hom...
6
Today's Real Estate Market Explained Through Four Key Trends
30
Remote Work Has Changed Our Home Needs. Is it Time for Your Home to Change Too?
Over the past year, many homeowners realized what they need in a home is changing, especially with the rise in remote work. If you're longing for a dedicated home office or a change in scenery, now may be the time to find the home that addresses your evolving needs.
Working from Home Isn't a Passing Fad.
Before the pandemic, only 21% of individuals worked from home. However, if you've recently discovered remote work is your new normal, you're not alone. A survey of hiring managers conducted by Statista and Upwork projects 37.5% of U.S. workers will work remotely in some capacity over the next five years.
Working from Home Gives You More Flexibility and More Options.
9
Selling Your House? Make Sure to Price it Right
There's no denying we're in a sellers' market. With low inventory and high buyer demand, homes today are selling above the asking price at a record rate.
According to the latest Realtors Confidence Index Survey from the National Association of Realtors (NAR):
• Homes typically sell within 17 days (compared to 26 days one year ago).
• The average home sold has five offers to pick from.
• 54% of offers are over the asking price.
Because so many buyers are competing for so few homes, bidding wars are driving up home prices. According to an average of leading expert projections, existing home prices are expected to increase by 8.9% this year.
2
Pre-Approval Makes All The Difference When Buying A Home
You may have been told that it's important to get pre-approved at the beginning of the homebuying process, but what does that really mean, and why is it so important?
In today's market, with rising home prices and high buyer competition, it's crucial to have a clear understanding of your budget so you stand out to sellers as a serious homebuyer.
Being intentional and competitive are musts when buying a home right now. Pre-approval from a lender is the only way to know your true price range and how much money you can borrow for your loan.
With limited housing inventory, there are many more buyers active in the market than there are sellers, and that's creating some serious competition.
According t...