The True Cost of Selling Your House on Your Own

Selling your house in Baldwin County is no simple task. While some homeowners opt to sell their homes on their own, known as a FSBO (For Sale by Owner), they often encounter various challenges without the guidance of a real estate agent. If you’re currently considering selling your house on your own, here’s what you [...]

By |2023-06-26T21:25:51+00:00June 26th, 2023|Real Estate|Comments Off on The True Cost of Selling Your House on Your Own

Homeowners Have Incredible Equity To Leverage Right Now

Even though home prices have moderated over the last year, many homeowners still have an incredible amount of equity. But what is equity? In the simplest terms, equity is the difference between the market value of your home and the amount you owe on your mortgage. The National Association of Realtors (NAR) explains how your [...]

By |2023-05-15T18:41:23+00:00May 15th, 2023|Real Estate, Residential|Comments Off on Homeowners Have Incredible Equity To Leverage Right Now

The Best Time To Sell Your House Is When Others Aren’t Selling

If you’re thinking about selling your house, you should know the number of homes for sale right now is low. That’s because, this season, there are fewer sellers listing their houses for sale than the norm. Looking back at every April since 2017, the only year when fewer sellers listed their homes was in April [...]

By |2023-05-11T19:15:06+00:00May 11th, 2023|Homeownership, Real Estate|Comments Off on The Best Time To Sell Your House Is When Others Aren’t Selling

Buyer Activity Is Up Despite Higher Mortgage Rates

If you’re a homeowner thinking about making a move, you may wonder if it’s still a good time to sell your house. Here’s the good news. Even with higher mortgage rates, buyer traffic is actually picking up speed. Data from the latest ShowingTime Showing Index, which is a measure of buyers actively touring homes, helps paint [...]

By |2023-05-03T15:55:17+00:00May 3rd, 2023|Real Estate|Comments Off on Buyer Activity Is Up Despite Higher Mortgage Rates

Think Twice Before Waiting for Lower Home Prices

As the housing market continues to change, you may be wondering where it’ll go from here. One factor you’re probably thinking about is home prices, which have come down a bit since they peaked last June. And you’ve likely heard something in the news or on social media about a price crash on the horizon. [...]

By |2023-04-18T16:44:20+00:00April 18th, 2023|Real Estate, Residential|Comments Off on Think Twice Before Waiting for Lower Home Prices

How Changing Mortgage Rates Can Affect You

The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship [...]

By |2023-04-05T18:27:15+00:00April 3rd, 2023|Homeownership, Real Estate, Uncategorized|Comments Off on How Changing Mortgage Rates Can Affect You

What Buyer Activity Tells Us About the Housing Market

Though the housing market is no longer experiencing the frenzy of a year ago, buyers are showing their interest in purchasing a home. According to U.S. News: “Housing markets have cooled slightly, but demand hasn’t disappeared, and in many places remains strong largely due to the shortage of homes on the market.” That activity can [...]

By |2023-03-24T13:35:44+00:00March 16th, 2023|Real Estate, Residential|Comments Off on What Buyer Activity Tells Us About the Housing Market

Rising Mortgage Rates

Over the last few weeks, mortgage rates have started to rise in recent weeks. This is concerning to some potential homebuyers as the combination of higher mortgage rates and higher prices have made homes less affordable. So, if you’re planning to purchase a home this year, you too may be wondering if now’s the right time to buy [...]

By |2023-05-12T18:03:13+00:00March 1st, 2023|Homeownership, Real Estate, Residential|Comments Off on Rising Mortgage Rates

Should You Consider Buying a Newly Built Home?

If you’re thinking about buying a home, you might be focusing on previously owned ones. But with so few houses for sale today, it makes sense to consider all your options, and that includes a home that’s newly built. The Number of Newly Built Homes Is on the Rise While there are more houses for sale [...]

By |2023-02-20T18:16:40+00:00February 20th, 2023|Homeownership, Real Estate, Residential|Comments Off on Should You Consider Buying a Newly Built Home?

The Top Reasons for Selling Your House

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. And while today’s rates have started [...]

By |2023-02-10T18:47:06+00:00February 10th, 2023|Real Estate, Uncategorized|Comments Off on The Top Reasons for Selling Your House
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