In the current sellers’ market, many homeowners wonder what, if anything, needs to be remodeled before they list their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market...
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less e...
It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may ...
If you’re thinking of buying or selling a house, chances are you’re focusing on the many extraordinary ways it’ll change your life. What you may not realize is that decision impacts people’s lives far beyond your own. Home purch...
![Ready To Sell, but Don’t Know Where You’ll Go? [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dnh3p00bf07lc6z78fib5.png)
Some Highlights If you’re thinking of selling your house but don’t know what you should buy, you have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. ...
In April, the National Association of Home Builders (NAHB) posted an article, Home Buyers’ Preferences Shift Towards New Construction, which reported: “60% of people who were looking to buy a home in 2020 said they’d prefer new c...
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question yo...
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “...
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 ...
![Waiting To Buy a Home Could Cost You [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9do0yg00bl07lc9qoqh5tl.webp)
Some Highlights If you’re thinking of buying a home but wondering if waiting a few years will save you in the long run, think again. The longer the wait, the more you’ll pay, especially when mortgage rates and ho...
Some veterans are finding it difficult to obtain a home in today’s market. According to the National Association of Realtors(NAR): “Conventional conforming mortgages (mortgages that conform to guidelines set by Fannie Mae ...
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. ...
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale.As a seller, you’ve likely heard that low sup...
If you’re a prospective buyer or seller, it’s important to understand the hot real estate market in Brainerd and Baxter and how they affect you. The Counselors of Real Estate(CRE) just released its Top Ten Issues Affecting Real Estate rep...
![Pop Quiz: Can You Define These Key Terms in Today’s Housing Market? [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dq5ky00c507lc0gz14gl1.webp)
Some Highlights The language of buying and selling a home may sound scary at first, but knowing how key terms relate to today’s market can help you. For example, current low mortgage rates and higher wages positively im...
As we move into the second half of the year, one thing is clear: the current real estate market is one for the record books. The exact mix of conditions we have today creates opportunities for both buyers and sellers. Here’s a look at four ...
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 tha...
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. ...
In today’s real estate market, mortgage interest rates are near record lows. If you’ve been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate hi...
![Experts Agree: Options Are Improving for Buyers [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dr0o800cg07lc0wjbagvy.webp)
Some Highlights Buyers hoping for more homes to choose from may be in luck as housing inventory begins to rise. Many experts agree – new sellers listing their homes is great news for buyers and the overall market. ...
Last week, Fannie Mae released their Home Purchase Sentiment Index (HPSI). Though the survey showed 77% of respondents believe it’s a “good time to sell,” it also confirms what many are sensing: an increasing number of Americans b...
An important factor in today’s market is the number of homes for sale. While inventory levels continue to sit near historic lows, there are indicationswe may have hit the lowest point we’ll see. Odeta Kushi, Deputy Chief Economist a...
In real estate, it’s normal to see ebbs and flows in the market. Typically, the summer months are slower-paced than the traditionally busy spring. But this isn’t a typical summer. As the economy rebounds and life is returning to normal, t...
While the housing market forecast for the second half of the year remains positive, there may not be a better time to sell than right now. Here are four things to consider if you’re trying to decide if now’s the right time to make a...
![Your Home Equity Can Take You Places [INFOGRAPHIC]](https://scraper-api-cdn.forge99.com/scraped-images/cmo9dt28g00d307lc9sn09j4w.png)
Some Highlights The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged hom...
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 A...
For many young or first-time homebuyers, purchasing a home can feel intimidating. A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found: “1 in 4 unde...
Home prices have increased significantly over the last year, which in turn has grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And...
If you’re thinking of buying a home, there really is no time like the present. With today’s low mortgage rates, you have a great opportunity to get more home for your money. The challenge is inventory. Like you, many buyers want to ...
Wishing you a happy and safe Independence Day.
Chad Schwendeman
Real Estate Group
