Inventory Lows Cause Bidding Wars
Due to the lack of inventory over the past 18 - 24 months we are seeing more and more bidding wars. This is especially true if a home is in good condition and priced right. It is our responsibility to educate Buyer's and Seller's alike so they will [...]
What Do You Want In New Homes?
Ask buyers what they want in new homes and you will get a laundry list of items. This article in the Washington Post is based on a survey of homeowners planning to buy again in the next 10 years. This is what they were looking for in a newly [...]
Setting Expectations for Future Homeowners
One of the most important services we do as Realtors is to set real expectations for our Buyer's. Unfortunately the process isn't as simple as finding the home of your dreams. We actually have had homeowners who equated the process with "Hell on Earth". Apparently they were not alone. I ran [...]
Did You Own Property Before You Got Married?
I have had several clients that have gone through the process of Divorce. They purchased their home before they got married. Then things didn't work out. They ended up in court battles over the distribution of funds from the sale of that property. In one case it took my [...]
How do Credit Scores Effect Lending Rates?
I have many potential buyer's ask why their credit score is important. Well, it directly effects the lending rate. That is the interest percentage rate you will pay to borrow money. A lower credit score will equate to quite a bit of money over the life of a [...]
Housing and Economy’s Path in 2019
Like many of you, I wonder where we are headed. Housing inventory is tight. No one is sure what the economy will hold. Building materials are up in cost for builders. Now there is the possibility of a trade war. How will that play on the economy? It sure would [...]