Should I Wait for Mortgage Rates To Come Down Before I Move? If you’ve got a move on your mind, you may be wondering whether you should wait to sell until mortgage rates come down before you spring into action. Here’s some information that could help answer that question for you. In the housing ...
Continue ReadingAs a seller, you have options when it comes to deciding how you want to market your home. With the pending changes coming, let’s talk about the pros and cons regarding a seller offering buyer agent compensation. Benefits of Offering Buyer Agent Compensation Enhanced Visibility and Increased Showings Lead to ...
Continue ReadingRecently, the National Association of Realtors (NAR) reached a significant settlement in a commission lawsuit, raising questions and discussions within the real estate industry. Background: The lawsuit against NAR centered on allegations of anticompetitive practices related to buyer agent commissions. Critics argued that NAR’s rules restricted competition and transparency, ultimately ...
Continue ReadingHome sellers can make various mistakes throughout the selling process. Here are some common ones to avoid: Overpricing the Property: Setting an unrealistic asking price can deter potential buyers and prolong the time your home sits on the market. It’s essential to conduct thorough research and work with your real ...
Continue ReadingWhy We Aren’t Headed for a Housing Crash If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. ...
Continue ReadingMarketing a home as “Coming Soon” can offer several benefits for sellers: Generate Early Interest: By promoting a property as “Coming Soon,” sellers can generate early interest and anticipation among potential buyers before the home officially hits the market. This can create a sense of exclusivity and urgency, leading to ...
Continue ReadingTitle insurance is a type of insurance policy that protects property owners and lenders from financial loss due to defects in a property’s title or ownership rights. When a property is bought or refinanced, a title search is conducted to uncover any potential issues with the title, such as unpaid ...
Continue ReadingSome Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. ...
Continue ReadingWhat Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently ...
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