MOST RECENT BLOGS

Mon, Oct 25 2021

Knowledge Is Power When It Comes to Appraisals and Inspections

Mon, Oct 25 2021

Important Distinction: Homes Are Less Affordable, Not Unaffordable It’s impossible to research the subject of buying a home without coming across a headline declaring that the fall in home affordability is a crisis. However, when we add context to the most recent affordability statistics, we soon realize that, though homes are less affordable than they have been over the last few years, they are more affordable than they have been historically. Today’s payment-to-income ratio is more affordable than the average over the last 25 years. Given that context, we can see that American households still have the same ability to be homeowners as their parents did 20 years ago. This confirms the recent analysis of ATTOM Data resources where Todd Teta, Chief Product and Technology Officer, explains, “The typical median-priced home around the U.S. remains affordable to workers earning an average wage, despite prices that... #Bgroup #Prescott #Realtor #Homes #Smart

Sat, Oct 23 2021

Fri, Oct 22 2021

Wed, Oct 20 2021

Tue, Oct 19 2021

Mon, Oct 18 2021

Sellers: Your House Could Be an Oasis for Buyers Seeking More Options Sellers have a great opportunity this season as buyer demand still heavily outweighs the current supply of homes for sale. According to the National Association of Realtors (NAR), today’s housing inventory sits at only a 2.6-month supply. To put that into perspective, a neutral market typically features a 6-month supply. That places today’s market firmly in the sellers’ market category. That same NAR data also shows today’s inventory of single-family homes is trailing behind the level we saw last year. Because of the ongoing supply challenges, buyers can feel like they’re wandering across a vast, empty desert when searching for their next home. That means your house could provide an oasis for buyers thirsty for options – and it could increase the chances of buyers entering a bidding war for your home. The latest Realtors Confidence... #Bgroup #Prescott #Realtor #Homes #Smart

Mon, Oct 18 2021

Homebuyer Tips for Finding the One [INFOGRAPHIC] The best advice carries across multiple areas of life. When it comes to homebuying, a few simple tips can help you stay on track. Because of increased demand, you’ll need to be patient and embrace compromises during your search. Then, once you’ve fallen in love, commit by putting your best offer forward. If you’re looking to buy a home this year, DM me so you have a dedicated partner and teammate to help you find the one. #Bgroup #Prescott #Realtor #Homes #Smart

Sat, Oct 16 2021

Sat, Oct 16 2021

Fri, Oct 15 2021

Thu, Oct 14 2021

The Big Question: Should You Renovate or Move? If you’re a homeowner who wants more from their current house, you have two options: renovate your current house or buy a home that already has the spaces you desire. The decision you make could be determined by factors like: >>A possible desire to relocate >>The difference in the cost of a renovation versus a purchase >>Finding an existing home or designing a new home that has exactly what you want (versus trying to restructure the layout of your current house) In either case, you’ll need access to capital: the funds for the renovation or the down payment your next home would require. The great news is that the money you need probably already exists in your current home in the form of equity. The record-setting increases in home prices over the last two years dramatically improved homeowners’ equity. As a homeowner, the money you need to purchase the perfect... #Bgroup #Prescott #Realtor #Homes #Smart

Wed, Oct 13 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers isn’t over just yet. If you’re one of the buyers who worry they’ve missed out, rest assured today’s mortgage rates are still worth taking advantage of. Even today, our mortgage rates are below what they’ve been in recent decades. So, while you may not be able to lock in the rate your friend got recently, you’re still in a great position to secure a rate well below what your parents and even grandparents got in years past. The key will be acting sooner rather than later. In late September, mortgage rates ticked above 3% for the first time in months. And according to experts throughout the industry... #Bgroup #Prescott #Realtor #Homes #Smart

Tue, Oct 12 2021

Tue, Oct 12 2021

Experts Agree: Homeownership Provides a Path to Long-Term Wealth A recent survey from LendingTree.com found there are multiple reasons why Americans would choose to purchase a home instead of renting. 41% of respondents say they’d rather own a home than rent because of the unique way homeownership builds wealth over time. And experts agree – the home you own is an important tool for building your net worth. According to the National Association of Realtors (NAR), “Homeowners who purchased a typical single-family existing-home 30 years ago at the median sales price of $103,333 with a 10% down payment loan and who sold the property at the median sales price of $357,700 in 2021 Q2 accumulated housing wealth of $349,258, . . .” Mark Fleming, Chief Economist at First American, points out that a home is truly a one-of-a-kind asset. “The major financial advantage of homeownership is the accumulation of equity in... #Bgroup #Prescott #Realtor #Homes #Smart

Mon, Oct 11 2021

HAPPY BIRTHDAY TO PAUL! Paul is a such a blessing to our team. He’s an amazing agent and great team player!!! We hope his day is great!!

Sun, Oct 10 2021

Sun, Oct 10 2021

111,285 Reasons You Should Buy a Home This Year The financial benefits of buying a home versus renting one are always up for debate. However, one element of the equation is often ignored – the ability to build wealth as a homeowner. An increase in equity builds the wealth of the individual that owns it. This wealth can be passed down to future generations. National Association of Realtors research reveals that the average gain for homeowners over the last five years was $139,134 and over the last 10 years was $218,505. Homeownership builds household wealth which also enables households to more easily move to the home of their dreams. If you missed out on the equity gains over the last 30 years, don’t fret. Experts are still calling for substantial growth in equity over the next five years. The most recent Home Price Expectation Survey, a survey of over one hundred economists, real estate experts, and... #Bgroup #Prescott #Realtor #Homes #Smart

Sat, Oct 9 2021

Fall in Love with Homeownership There are many reasons to fall in love with homeownership right now. Let's connect to find the home of your dreams. #Bgroup #Prescott #Realtor #Homes #Smart

Thu, Oct 7 2021

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Mon, Oct 25 2021

Knowledge Is Power When It Comes to Appraisals and Inspections

Mon, Oct 25 2021

Sat, Oct 23 2021

Fri, Oct 22 2021

Wed, Oct 20 2021

Tue, Oct 19 2021

Mon, Oct 18 2021

Sat, Oct 16 2021

Fri, Oct 15 2021

Thu, Oct 14 2021

Wed, Oct 13 2021

Tue, Oct 12 2021

Mon, Oct 11 2021

HAPPY BIRTHDAY TO PAUL! Paul is a such a blessing to our team. He’s an amazing agent and great team player!!! We hope his day is great!!

Sun, Oct 10 2021

Sat, Oct 9 2021

Fall in Love with Homeownership There are many reasons to fall in love with homeownership right now. Let's connect to find the home of your dreams. #Bgroup #Prescott #Realtor #Homes #Smart

Thu, Oct 7 2021

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