In the coming months, it’s important to watch how renewed buyer momentum interacts with falling mortgage rates, as October’s 14% jump in sales suggests more activity ahead. Even with prices holding steady, the rise in price per square foot suggests that buyers are prioritizing quality over size, a trend that could intensify as inventory becomes […]
In the coming months, it’s important to watch for improving affordability as mortgage rates ease, which could bring more buyers back into the market. Rising inventory levels indicate a gradual shift toward a more balanced market, giving buyers greater leverage and encouraging sellers to price their properties strategically. Despite a slight dip in average prices, […]
The housing market may be cooling, but it’s far from quiet. Homes priced right continue to attract attention, offers, and swift results. Meanwhile, listings that start too high are quickly overlooked. Today’s buyers are informed, analytical, and quick to dismiss anything that doesn’t align with market reality. In short, an overpriced home might as well […]
It’s every home seller’s dream to end up with multiple offers shortly after listing their home. These components will lead to 1) excitement and 2) scarcity. You want for there to be a lot of buzz about your listing and to be able to tell interested buyers that there are several other people who are […]
Buyers across Arizona are asking the same question: Should I wait for mortgage rates to drop before making a purchase? To answer that, let’s look at what actually happens when you slide the rate, not the price. What Happens When Your Rate Drops Just 1% Even a slight shift in the 30-year mortgage rate can […]
We are so glad you asked! Often people decide they want to buy a home, but they aren’t super clear on the particulars of what they want that home to look like in terms of location, size, features, and price. The outer ring is the first step where you may begin to start looking at […]
If a buyer has the financial liquidity, they may choose to pay for a home in cash and forgo mortgaging the home. The process for paying for a home in cash works a little bit differently. The main thing to note is that: Instead, you can request a letter from your financial institution that states […]
Prospective buyers face a lot of big decisions and uncertainty during the journey to find a new home, especially around financing and logistics. What does that look like? It will vary by situation, but you want to present solutions to the challenges a home buyer might be facing. There are different clauses and contingency plans […]
You’ve probably heard it a dozen times: “I’ll buy once rates drop.” But here’s the reality: even as the Federal Reserve begins trimming interest rates, mortgage rates have actually crept higher. It sounds counterintuitive, but it’s not uncommon. And that’s precisely why informed buyers, the ones who understand how markets truly work, are stepping in […]
You can use the internet to your advantage to curate a highlight reel of photos that allows you to market your home in it’s most favorable light. We’ve talked about some of the drawbacks of the online listing services, but there are also many benefits to selling a home in the digital world. By writing […]
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