New Search

If you are not happy with the results below please do another search

2689 search results for: want to buy a home now may be the time

551
stdClass Object
(
    [agents_bottom_line] => 

    
 	
  • If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
    • 
 	
  • Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.
    • 
 	
  • If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.
    • 


    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 8
                    [name] => Infographics
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => infographics
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Infografías
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

            [3] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 53
                    [name] => Rent vs. Buy
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => rent-vs-buy
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Alquilar Vs. Comprar
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => 
Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC] | Simplifying The Market
Some Highlights


    
 	
  • If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
    • 
 	
  • Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.
    • 
 	
  • If you’re ready to take advantage of the benefits of homeownership, let’s connect to explore your options.
    • 


    [created_at] => 2022-09-29T18:18:21Z
    [description] => [:en]
Some Highlights


    
 	
  • If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
    • 
 	
  • Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.
    • 
 	

[:]
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/29140839/20220930-KCM-Share.png
    [id] => 4315
    [kcm_ig_caption] => If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers. Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation. If you’re ready to take advantage of the benefits of homeownership, DM me today.
    [kcm_ig_hashtags] => firsttimehomebuyer,opportunity,housingmarket,househunting,makememove,homegoals,houseshopping,housegoals,investmentproperty,emptynest,downsizing,locationlocationlocation,newlisting,homeforsale,renovated,starterhome,dreamhome,curbappeal,keepingcurrentmatters
    [kcm_ig_quote] => Here’s why buying a home may make more sense than renting.
    [public_bottom_line] => 
    [published_at] => 2022-09-30T10:00:27Z
    [related] => Array
        (
        )

    [slug] => why-buying-a-home-may-make-more-sense-than-renting-infographic
    [status] => published
    [tags] => Array
        (
        )

    [title] => Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]
    [updated_at] => 2023-02-03T15:33:49Z
    [url] => /2022/09/30/why-buying-a-home-may-make-more-sense-than-renting-infographic/
)

Why Buying a Home May Make More Sense Than Renting [INFOGRAPHIC]

[:en]

Some Highlights

  • If you’re trying to decide whether to rent or buy a home, consider the advantages homeownership offers.
  • Buying a home can help you escape the cycle of rising rents, it’s a powerful wealth-building tool, and it’s typically considered a good hedge against inflation.
[:]
552
stdClass Object
(
    [agents_bottom_line] => 
Whether it’s following local and national trends and guiding you through a shifting market or pricing your house right, a real estate agent has essential insights you'll want to rely on throughout the transaction. Don’t go at it alone.  If you plan to sell your house, let’s connect.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 41
                    [name] => For Sale by Owner
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:01:58Z
                    [slug] => for-sale-by-owner
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => “FSBO“
                                )

                        )

                    [updated_at] => 2024-04-10T16:01:58Z
                )

        )

    [content_type] => blog
    [contents] => Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house.

Here are five key reasons why working with a real estate professional makes sense today.

1. A Professional Follows the Latest Market Trends

With higher mortgage rates and moderating buyer demand, conditions are changing and staying on top of the latest market information is crucial when you sell.

Working with an expert real estate advisor helps ensure you can stay updated on what’s happening. They know your local area and follow national trends too. More importantly, they’ll know what this data means for you, and as the market shifts, they’ll be able to help you navigate it and make your best decision.

2. A Professional Helps Maximize Your Pool of Buyers

Your agent’s role in bringing in buyers is important. Real estate professionals have a large variety of tools at their disposal, such as social media followers, agency resources, and the Multiple Listing Service (MLS) to ensure your house is viewed by the most buyers. Investopedia explains why it’s risky to sell on your own without the network an agent provides:

“You don’t have relationships with clients, other agents, or a real estate agency to bring the largest pool of potential buyers to your home. A smaller pool of potential buyers means less demand for your property, which can translate into waiting longer to sell your home and possibly not getting as much money as your house is worth.”


3. A Professional Understands the Fine Print

Today, more disclosures and regulations are mandatory when selling a house. That means the number of legal documents you’ll need to juggle is growing. The National Association of Realtors (NAR) explains it best, saying:

“Selling a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. . . . Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language.”

A real estate professional knows exactly what needs to happen, what all the fine print means, and how to work through it efficiently. They’ll help you review the documents and avoid any costly missteps that could occur if you try to handle them on your own.

4. A Professional Is a Trained Negotiator

If you sell without a professional, you’ll also be solely responsible for all the negotiations. That means you’ll have to coordinate with:

    
 	
  • The buyer, who wants the best deal possible
    • 
 	
  • The buyer’s agent, who will use their expertise to advocate for the buyer
    • 
 	
  • The inspection company, which works for the buyer and will almost always find concerns with the house
    • 
 	
  • The appraiser, who assesses the property’s value to protect the lender
    • 


In today’s changing market, buyers are regaining some negotiation power as bidding wars ease. Instead of going toe-to-toe with all the above parties alone, lean on an expert. They’ll know what levers to pull, how to address everyone’s concerns, and when you may want to get a second opinion.

5. A Professional Knows How To Set the Right Price for Your House

If you sell your house on your own, you may be more likely to overshoot your asking price. That could mean your house will sit on the market because you priced it too high for where the market is now. Today, pricing a house requires even more expertise to ensure you get it right. NAR explains it like this:

“A great real estate agent will look at your home with an unbiased eye, providing you with the information you need to enhance marketability and maximize price.”

Real estate professionals know the ins and outs of how to price your house accurately and competitively. To do so, they compare your house to recently sold homes in your area and factor in the current condition of your home. These steps are key to making sure it’s set to move quickly while still getting you the highest possible final sale price.

Bottom Line

Whether it’s following local and national trends and guiding you through a shifting market or pricing your house right, a real estate agent has essential insights you'll want to rely on throughout the transaction. Don’t go at it alone.  If you plan to sell your house, let’s connect.
    [created_at] => 2022-09-28T15:57:31Z
    [description] => Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/28114516/20220929-KCM-Share.jpg
    [id] => 4308
    [kcm_ig_caption] => Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Here are five reasons why working with a real estate professional makes sense.

>>1. A Professional Follows the Latest Market Trends

Working with an expert real estate advisor helps ensure you can stay updated on what’s happening. They know your local area and follow national trends too.

>>2. A Professional Helps Maximize Your Pool of Buyers

Your agent’s role in bringing in buyers is important. Real estate professionals have a large variety of tools at their disposal, such as social media followers, agency resources, and the Multiple Listing Service (MLS) to ensure your house is viewed by the most buyers.

>>3. A Professional Understands the Fine Print

Today, more disclosures and regulations are mandatory when selling a house. That means the number of legal documents you’ll need to juggle is growing. A real estate professional will help you review the documents and avoid any costly missteps that could occur if you try to handle them on your own.

>>4. A Professional Is a Trained Negotiator

If you sell without a professional, you’ll also be solely responsible for all the negotiations. In today’s changing market, buyers are regaining some negotiation power as bidding wars ease. Instead of going toe-to-toe with all parties alone, lean on an expert.

>>5. A Professional Knows How To Set the Right Price for Your House

If you sell your house on your own, you may be more likely to overshoot your asking price. Real estate professionals know the ins and outs of how to price your house accurately and competitively.

Don’t go at it alone. If you plan to sell your house, DM me today.
    [kcm_ig_hashtags] => Sellyourhouse,moveuphome,dreamhome,realestate,homeownership,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,justsold,keepingcurrentmatters
    [kcm_ig_quote] => If you’re thinking of selling your house this fall, hire a pro.
    [public_bottom_line] => 
Whether it’s following local and national trends and guiding you through a shifting market or pricing your house right, a real estate agent has essential insights you'll want to rely on throughout the transaction. Don’t go at it alone. If you plan to sell your house, reach out to a local real estate professional.
    [published_at] => 2022-09-29T10:00:37Z
    [related] => Array
        (
        )

    [slug] => if-youre-thinking-of-selling-your-house-this-fall-hire-a-pro
    [status] => published
    [tags] => Array
        (
        )

    [title] => If You’re Thinking of Selling Your House This Fall, Hire a Pro
    [updated_at] => 2023-02-03T15:33:49Z
    [url] => /2022/09/29/if-youre-thinking-of-selling-your-house-this-fall-hire-a-pro/
)

If You’re Thinking of Selling Your House This Fall, Hire a Pro

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house.
553
stdClass Object
(
    [agents_bottom_line] => 
Adding condominiums to your housing search could be a great move. If you’re ready to search condos in our area, let’s connect today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

        )

    [content_type] => blog
    [contents] => The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.

The inventory of homes for sale has increased this year, and that’s giving buyers much needed options. As Danielle Hale, Chief Economist at realtor.com, says:

“. . . today’s shoppers have more than 5 homes to consider for every 4 they had at this time a year ago.”

But perspective is important. Overall, housing supply is still low. If you need even more choices, expanding your search by adding additional housing types, like condominiums, could help.

Exploring Condos Could Add Options That Fit Your Budget

One thing to consider is condos generally differ from single-family homes in average space and floorplans. But that size difference is one reason why condos can be a more affordable option. According to a recent report from realtor.com, condo buyers paid roughly 7% less for their home than buyers of other housing types last year. With rising mortgage rates and home prices, the relative affordability of a condo could be worth considering.

Remember, your first home doesn’t have to be your forever home. The important thing is to get your foot in the door as a homeowner. Buying a condo now can springboard you into a bigger home later on. An article from the Urban Institute explains:

“Because condos and co-ops are generally more affordable, they tend to help first-time homebuyers step onto the first rung of the homeownership ladder. These buyers often use the equity on their condo to then purchase a larger single-family home.”

In other words, owning a condo will help you start building wealth in the form of home equity. In time, the equity you build can fuel a future purchase should you decide you want to buy a home with more space or different amenities.

Condo Living Provides Several Great Perks

Boosting the number of options in your budget during your home search is just one reason to consider condos, but there are several other benefits to condo living.

First, they tend to require minimal upkeep and lower maintenance – and that can give you more time to spend doing the things you enjoy. A recent article from Bankrate highlights this, saying:

“Condos can be a good option for anyone who wants to keep home maintenance to a minimum . . . if the roof is leaking or the carpet in the lobby needs to be replaced, that’s not your responsibility — the condo association handles those duties.”

Plus, since many condos are located in or near city centers, they offer the added benefit of being in close proximity to work and leisure. Again, realtor.com explains:

“Buying a condo, which is generally less expensive than a single-family home, enables a household to afford to own in the middle of it all, and often means a newer-built home with less maintenance responsibility.”

Ultimately, owning and living in a condo can be a lifestyle choice. And if that appeals to you, they could give you the added options you need to buy your first home.

Bottom Line

Adding condominiums to your housing search could be a great move. If you’re ready to search condos in our area, let’s connect today.
    [created_at] => 2022-09-27T16:53:18Z
    [description] => The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/27124647/20220928-KCM-Share.jpg
    [id] => 4307
    [kcm_ig_caption] => The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.

If you need even more choices, expanding your search by adding additional housing types, like condominiums, could help.

>>Exploring Condos Could Add Options That Fit Your Budget

With rising mortgage rates and home prices, the relative affordability of a condo could be worth considering.

Remember, your first home doesn’t have to be your forever home. The important thing is to get your foot in the door as a homeowner. Buying a condo now can springboard you into a bigger home later on.

>>Condo Living Provides Several Great Perks

Boosting the number of options in your budget during your home search is just one reason to consider condos, but there are several other benefits to condo living.
First, they tend to require minimal upkeep and lower maintenance – and that can give you more time to spend doing the things you enjoy.

Plus, since many condos are located in or near city centers, they offer the added benefit of being in close proximity to work and leisure.

Ultimately, owning and living in a condo can be a lifestyle choice. And if that appeals to you, they could give you the added options you need to buy your first home. If you’re ready to search condos in your area, DM me today.
    [kcm_ig_hashtags] => firsttimehomebuyer,opportunity,housingmarket,househunting,makememove,homegoals,houseshopping,housegoals,investmentproperty,emptynest,downsizing,locationlocationlocation,newlisting,homeforsale,renovated,starterhome,dreamhome,curbappeal,keepingcurrentmatters
    [kcm_ig_quote] => Here’s why you should consider condos as part of your home search.
    [public_bottom_line] => 
Adding condominiums to your housing search could be a great move. If you’re ready to search condos in your area, connect with a local real estate professional today.
    [published_at] => 2022-09-28T10:00:38Z
    [related] => Array
        (
        )

    [slug] => why-you-should-consider-condos-as-part-of-your-home-search
    [status] => published
    [tags] => Array
        (
        )

    [title] => Why You Should Consider Condos as Part of Your Home Search
    [updated_at] => 2023-02-03T15:33:49Z
    [url] => /2022/09/28/why-you-should-consider-condos-as-part-of-your-home-search/
)

Why You Should Consider Condos as Part of Your Home Search

The historically low inventory over the past few years led to challenges for many buyers trying to find a home that met their needs and their budget. If you’re in the same boat, you should know the recent shift in the housing market may have opened up doors for you to restart your search.
554
stdClass Object
(
    [agents_bottom_line] => 
Rising inflation and higher mortgage rates have had a clear impact on housing. For expert insights on the latest trends in the housing market and what they mean for you, let’s connect.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 35
                    [name] => Mortgage Rates
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => mortgage-rates
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Tasas de interés
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

Inflation and the Housing Market

This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home.

While the Federal Reserve is working hard to lower inflation, the August data shows the inflation rate was still higher than expected. This news impacted the stock market and fueled conversations about a recession. It also played a role in the Federal Reserve’s decision to raise the Federal Funds Rate last week. As Bankrate says:

“. . . the Fed has raised rates again, announcing yet another three-quarter-point hike on September 21 . . . The hikes are designed to cool an economy that has been on fire. . .”

While their actions don’t directly dictate what happens with mortgage rates, their decisions have contributed to the intentional cooldown in the housing market. A recent article from Fortune explains:

“As the Federal Reserve moved into inflation-fighting mode, financial markets quickly put upward pressure on mortgage rates. Those elevated mortgage rates . . . coupled with sky-high home prices, threw cold water onto the housing boom.”


The Impact on Rising Mortgage Rates

Over the past few months, mortgage rates have fluctuated in light of growing economic pressures. Most recently, the average 30-year fixed mortgage rate according to Freddie Mac ticked above 6% for the first time in well over a decade (see graph below):

How an Expert Can Help You Understand Inflation & Mortgage Rates | Simplifying The Market

The mortgage rate increases this year are the big reason buyer demand has pulled back in recent months. Basically, as rates (and home prices) rose, so did the cost of buying a home. That pushed on affordability and priced some buyers out of the market, so home sales slowed and the inventory of homes for sale grew as a result.

Where Experts Say Rates and Inflation Will Go from Here

Moving forward, both of these factors will continue to impact the housing market. A recent article from CNET puts the relationship between inflation and mortgage rates in simple terms:

“As a general rule, when inflation is low, mortgage rates tend to be lower. When inflation is high, rates tend to be higher.”

Sam Khater, Chief Economist at Freddie Mac, has this to say about where rates may go from here:

“Mortgage rates remained volatile due to the tug of war between inflationary pressures and a clear slowdown in economic growth. The high uncertainty surrounding inflation and other factors will likely cause rates to remain variable, . . .” 

While there’s no way to say with certainty where mortgage rates will go from here, there is something you can do to stay informed, and that’s connect with a trusted real estate advisor. They keep their pulse on what’s happening today and help you understand what the experts are projecting. They can provide you with the best advice possible.

Bottom Line

Rising inflation and higher mortgage rates have had a clear impact on housing. For expert insights on the latest trends in the housing market and what they mean for you, let’s connect.
    [created_at] => 2022-09-26T16:39:43Z
    [description] => If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/26123142/202209207-KCM-Share.jpg
    [id] => 4305
    [kcm_ig_caption] => If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.

>>Inflation and the Housing Market

This year, inflation reached a high not seen in forty years. For the average consumer, you probably felt the pinch at the gas pump and in the grocery store. It may have even impacted your ability to save money to buy a home.

While the Federal Reserve is working hard to lower inflation, the August data shows the inflation rate was still higher than expected. This news impacted the stock market and fueled conversations about a recession. It also played a role in the Federal Reserve’s decision to raise the Federal Funds Rate last week.

While their actions don’t directly dictate what happens with mortgage rates, their decisions have contributed to the intentional cooldown in the housing market.

>>The Impact on Rising Mortgage Rates

Over the past few months, mortgage rates have fluctuated in light of growing economic pressures.

Most recently, the average 30-year fixed mortgage rate from Freddie Mac ticked above 6% for the first time in well over a decade.

That pushed on affordability and priced some buyers out of the market, so home sales slowed and the inventory of homes for sale grew as a result.

>>Where Experts Say Rates and Inflation Will Go from Here

While there’s no way to say with certainty where mortgage rates will go from here, there is something you can do to stay informed, and that’s connect with a trusted real estate advisor. They keep their pulse on what’s happening today and help you understand what the experts are projecting. They can provide you with the best advice possible.

    [kcm_ig_hashtags] => realestate,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,realestateagents,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Here’s how an expert can help you understand inflation and mortgage rates.
    [public_bottom_line] => 
    [published_at] => 2022-09-27T10:00:24Z
    [related] => Array
        (
        )

    [slug] => how-an-expert-can-help-you-understand-inflation-mortgage-rates
    [status] => published
    [tags] => Array
        (
        )

    [title] => How an Expert Can Help You Understand Inflation & Mortgage Rates
    [updated_at] => 2023-02-03T15:33:50Z
    [url] => /2022/09/27/how-an-expert-can-help-you-understand-inflation-mortgage-rates/
)

How an Expert Can Help You Understand Inflation & Mortgage Rates

If you’re following today’s housing market, you know two of the top issues consumers face are inflation and mortgage rates. Let’s take a look at each one.
555
stdClass Object
(
    [agents_bottom_line] =>  
Homeowners today have more financial strength than they have had since 1983. This is a combination of how homeowners have handled equity since the crash and rising home prices of the last two years. And this is yet another reason homeownership in any market makes sense.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history.

Recently Odeta Kushi, Deputy Chief Economist at First American, answered that question when she said:

“U.S. households own $41 trillion in owner-occupied real estate, just over $12 trillion in debt, and the remaining ~$29 trillion in equity. The national "LTV" in Q2 2022 was 29.5%, the lowest since 1983.”

She continued on to say:

“Homeowners had an average of $320,000 in inflation-adjusted equity in their homes in Q2 2022, an all-time high.”


What Is LTV? 

The term LTV refers to loan to value ratio. For more context, here’s how the Mortgage Reports defines it:

“Your ‘loan to value ratio’ (LTV) compares the size of your mortgage loan to the value of the home. For example: If your home is worth $200,000, and you have a mortgage for $180,000, your LTV ratio is 90% — because the loan makes up 90% of the total price.

You can also think about LTV in terms of your down payment. If you put 20% down, that means you’re borrowing 80% of the home’s value. So your LTV ratio is 80%.”


Why Is This Important?

This is yet another reason we won’t see the housing market crash. Home equity allows homeowners to be in control. For example, if someone did need to sell their home, they likely have the equity they need to be able to sell it and still put money in their pocket. This was not the case back in 2008, when many owed more on their homes than they were worth.

Bottom Line 

Homeowners today have more financial strength than they have had since 1983. This is a combination of how homeowners have handled equity since the crash and rising home prices of the last two years. And this is yet another reason homeownership in any market makes sense.
    [created_at] => 2022-09-22T20:48:35Z
    [description] => The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/22164529/20220926-KCM-Share.jpg
    [id] => 4304
    [kcm_ig_caption] => The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history.

Recently Odeta Kushi, Deputy Chief Economist at First American, answered that question when she said:

“U.S. households own $41 trillion in owner-occupied real estate, just over $12 trillion in debt, and the remaining ~$29 trillion in equity. The national "LTV" in Q2 2022 was 29.5%, the lowest since 1983.”

She continued on to say:

“Homeowners had an average of $320,000 in inflation-adjusted equity in their homes in Q2 2022, an all-time high.”

>>What Is LTV?

The term LTV refers to loan to value ratio. For more context, here’s how the Mortgage Reports defines it:

“Your ‘loan to value ratio’ (LTV) compares the size of your mortgage loan to the value of the home. For example: If your home is worth $200,000, and you have a mortgage for $180,000, your LTV ratio is 90% — because the loan makes up 90% of the total price."

>>Why Is This Important?

This is another reason we won’t see the housing market crash. Home equity allows homeowners to be in control. For example, if someone did need to sell their home, they likely have the equity they need to be able to sell it and still put money in their pocket. This was not the case back in 2008.

Homeowners today have more financial strength than they have had since 1983. This is yet another reason homeownership in any market makes sense.

    [kcm_ig_hashtags] => realestate,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,realestateagents,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Here’s the true strength of homeowners today.
    [public_bottom_line] =>  
Homeowners today have more financial strength than they have had since 1983. This is a combination of how homeowners have handled equity since the crash and rising home prices of the last two years. And this is yet another reason homeownership in any market makes sense.
    [published_at] => 2022-09-26T10:00:08Z
    [related] => Array
        (
        )

    [slug] => the-true-strength-of-homeowners-today
    [status] => published
    [tags] => Array
        (
        )

    [title] => The True Strength of Homeowners Today
    [updated_at] => 2023-02-03T15:33:50Z
    [url] => /2022/09/26/the-true-strength-of-homeowners-today/
)

The True Strength of Homeowners Today

The real estate market is on just about everyone’s mind these days. That’s because the unsustainable market of the past two years is behind us, and the difference is being felt. The question now is, just how financially strong are homeowners throughout the country? Mortgage debt grew beyond 10 trillion dollars over the past year, and many called that a troubling sign when it happened for the first time in history.
556
stdClass Object
(
    [agents_bottom_line] => 

    
 	
  • When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen.
    • 
 	
  • Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal.
    • 
 	
  • Let’s connect so you have advice on what you may want to do to get your house ready to sell this season.
    • 


    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 8
                    [name] => Infographics
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => infographics
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Infografías
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => 
Fall Home Selling Checklist [INFOGRAPHIC] | Simplifying The Market
Some Highlights


    
 	
  • When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen.
    • 
 	
  • Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal.
    • 
 	
  • Let’s connect so you have advice on what you may want to do to get your house ready to sell this season.
    • 


    [created_at] => 2022-09-20T18:59:21Z
    [description] => 
Some Highlights


    
 	
  • When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen.
    • 
 	
  • Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal.
    • 
 	


    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/20144848/20220923-KCM-Share.png
    [id] => 4296
    [kcm_ig_caption] => When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen. Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal. DM me for advice on what you may want to do to get your house ready to sell this season.
    [kcm_ig_hashtags] => realestate,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,realestateagents,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Here’s your fall home selling checklist.
    [public_bottom_line] => 
    [published_at] => 2022-09-23T10:00:06Z
    [related] => Array
        (
        )

    [slug] => fall-home-selling-checklist-infographic
    [status] => published
    [tags] => Array
        (
        )

    [title] => Fall Home Selling Checklist [INFOGRAPHIC]
    [updated_at] => 2023-02-03T15:33:50Z
    [url] => /2022/09/23/fall-home-selling-checklist-infographic/
)

Fall Home Selling Checklist [INFOGRAPHIC]

Some Highlights

  • When it comes to selling your house, you want it to look its best inside and out so it catches the attention of buyers. A real estate professional can help you decide what to do to make that happen.
  • Focus on tasks that can make it inviting, show it’s cared for, and boost your curb appeal.
557
stdClass Object
(
    [agents_bottom_line] => 
Experts are calling for home prices to appreciate next year, although at a slower pace than the previous three years. The reason for this is simple. The dynamics of supply and demand are playing out in real estate and will continue for many years to come.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 9
                    [name] => Home Prices
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => home-prices
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Precios
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value.

Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters noted below is 2.5%. While one, Zelman & Associates, is calling for depreciation, the other five are calling for appreciation. The graph below outlines each expert forecast to show where they project home prices are going in the coming year.

What Experts Say Will Happen with Home Prices Next Year | Simplifying The Market

To understand why experts are calling for appreciation next year, look to the economics of supply and demand. Dave Ramsey, Financial Expert, says this:

“The root issue of what drives house prices almost always is supply and demand . . .”   

Two things are driving home prices upward. First, the undersupply of homes on the market is an issue we continue to face in this country. We still don’t have enough homes on the market for the number of people that want to buy them. To further that point, we’re still in a sellers’ market nationally, and in that scenario, home prices tend to appreciate.

Second, millennials are moving through their peak homebuying years. Since they’re the largest demographic behind the baby boomers, demand isn’t going away any time soon.

Bottom Line

Experts are calling for home prices to appreciate next year, although at a slower pace than the previous three years. The reason for this is simple. The dynamics of supply and demand are playing out in real estate and will continue for many years to come.
    [created_at] => 2022-09-21T17:48:42Z
    [description] => Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/21133846/20220919-KCM-Share-1.jpg
    [id] => 4297
    [kcm_ig_caption] => Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value.

Historically, home prices have appreciated at a rate near 4%. For 2023, the average of six major forecasters is 2.5%. While one, Zelman & Associates, is calling for depreciation, the other five are calling for appreciation.

To understand why experts are calling for appreciation next year, look to the economics of supply and demand. Two things are driving home prices upward. First, the undersupply of homes on the market is an issue we continue to face in this country. We still don’t have enough homes on the market for the number of people that want to buy them. To further that point, we’re still in a sellers’ market nationally, and in that scenario, home prices tend to appreciate.

Second, millennials are moving through their peak homebuying years. Since they’re the largest demographic behind the baby boomers, demand isn’t going away any time soon.

Experts are calling for home prices to appreciate next year, although at a slower pace than the previous three years. The reason for this is simple. The dynamics of supply and demand are playing out in real estate and will continue for many years to come.
    [kcm_ig_hashtags] => expertanswers,purchasingpower,buyingpower,homepriceappreciation,affordability,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Here’s what experts say will happen with home prices next year.
    [public_bottom_line] => 
Experts are calling for home prices to appreciate next year, although at a slower pace than the previous three years. The reason for this is simple. The dynamics of supply and demand are playing out in real estate and will continue for many years to come.
    [published_at] => 2022-09-22T10:00:28Z
    [related] => Array
        (
        )

    [slug] => what-experts-say-will-happen-with-home-prices-next-year
    [status] => published
    [tags] => Array
        (
        )

    [title] => What Experts Say Will Happen with Home Prices Next Year
    [updated_at] => 2023-02-03T15:33:51Z
    [url] => /2022/09/22/what-experts-say-will-happen-with-home-prices-next-year/
)

What Experts Say Will Happen with Home Prices Next Year

Experts are starting to make their 2023 home price forecasts. As they do, most agree homes will continue to gain value, just at a slower pace. Over the past couple of years, home prices have risen at an unsustainable rate, leaving many to wonder how long it would last. If you’re asking yourself: what’s ahead for the price of my home, know that experts are now answering this question, and its welcome news for homeowners who may have been led by the media to believe their home would lose value.
558
stdClass Object
(
    [agents_bottom_line] => 
While the financial reasons for moving are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, let’s connect today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 35
                    [name] => Mortgage Rates
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => mortgage-rates
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Tasas de interés
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.

Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move. In other words, your mortgage rate is important, but you may have other things going on in your life that make a move essential, regardless of where rates are today. As Jessica Lautz, Vice President of Demographics and Behavioral Insights at the National Association of Realtors (NAR), explains:

“Home sellers have historically moved when something in their lives changed – a new baby, a marriage, a divorce or a new job. . . .”

So, if you’re thinking about selling your house, it may help to explore the other reasons homeowners are choosing to make a move today. The 2022 Summer Sellers Survey by realtor.com asked recent home sellers why they decided to sell. The visual below breaks down how those homeowners responded:

Top Reasons Homeowners Are Selling Their Houses Right Now | Simplifying The Market

As the visual shows, an appetite for different features or the fact that their current home could no longer meet their needs topped the list for recent sellers. Additionally, remote work and whether or not they need a home office or are tied to a specific physical office location also factored in, as did the desire to live close to their loved ones.

The realtor.com survey summarizes the findings like this:

“The primary reason homeowners decided to sell in the last year was the realization that, after so much time spent at home, they wanted different features and amenities, such as walkability, outdoor space, pool, etc. . . . ”

If you, like the homeowners they surveyed, find yourself wanting features, space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale. 

Even with today’s mortgage rates, your lifestyle needs may be enough to motivate you to make a change. The best way to find out what’s right for you is to partner with a trusted real estate professional who can provide expert guidance and advice throughout the process. They can help walk you through your options, so you can make a confident decision based on what matters most to you and your loved ones.

Bottom Line

While the financial reasons for moving are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, let’s connect today.
    [created_at] => 2022-09-20T14:40:23Z
    [description] => Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/20103428/20220921-KCM-Share.jpg
    [id] => 4295
    [kcm_ig_caption] => Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.

Data shows 51% of homeowners have a mortgage rate under 4% as of April this year. And while it’s true mortgage rates are higher than that right now, there are other non-financial factors to consider when it comes to making a move.

So, if you’re thinking about selling your house, it may help to explore the other reasons homeowners are choosing to make a move today. The 2022 Summer Sellers Survey by realtor.com asked recent home sellers why they decided to sell.

An appetite for different features or the fact that their current home could no longer meet their needs topped the list for recent sellers. Additionally, remote work and whether or not they need a home office or are tied to a specific physical office location also factored in, as did the desire to live close to their loved ones.

If you, like the homeowners they surveyed, find yourself wanting features, space, or amenities your current home just can’t provide, it may be time to consider listing your house for sale.

Even with today’s mortgage rates, your lifestyle needs may be enough to motivate you to make a change. While the financial reasons for moving are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, DM me.
    [kcm_ig_hashtags] => realestate,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,realestateagents,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Here are the top reasons homeowners are selling their houses right now.
    [public_bottom_line] => 
While the financial reasons for moving are important, there’s often far more to consider. Non-financial reasons can also be a significant motivating factor. If you need help weighing the pros and cons of selling your house, connect with a local real estate professional today.
    [published_at] => 2022-09-21T10:00:35Z
    [related] => Array
        (
        )

    [slug] => top-reasons-homeowners-are-selling-their-houses-right-now
    [status] => published
    [tags] => Array
        (
        )

    [title] => Top Reasons Homeowners Are Selling Their Houses Right Now
    [updated_at] => 2023-02-03T15:33:51Z
    [url] => /2022/09/21/top-reasons-homeowners-are-selling-their-houses-right-now/
)

Top Reasons Homeowners Are Selling Their Houses Right Now

Some people believe there’s a group of homeowners who may be reluctant to sell their houses because they don’t want to lose the historically low mortgage rate they have on their current home. You may even have the same hesitation if you’re thinking about selling your house.
559
stdClass Object
(
    [agents_bottom_line] => 
There’s volatility in today’s stock market, but home equity is still incredibly strong. To find out just how much equity you have in your current home, let’s connect.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.

Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially. And while rising inventory and mortgage rates have cooled the market some in recent months, home prices nationally remain strong.

That’s why, according to the latest Homeowner Equity Insights from CoreLogic, the average homeowner equity has grown by $60,000 over the last 12 months. While that’s the national number, if you want to know what happened, on average, over the past year in your area, look at the map below from CoreLogic:

Watching the Stock Market? Check the Value of Your Home for Good News. | Simplifying The Market

Why This Is So Important Right Now

Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), helps explain why this matters so much today:

“. . . the decline in the stock market has dented overall net wealth. It has fallen by $6 trillion from the first to the second quarter. Only housing wealth has held on, with homeowners' real estate wealth (home value minus mortgage balance) rising by $1.2 trillion.”

While equity helps increase your overall net worth, it can also help you achieve other goals like buying your next home. When you sell your current house, the equity you built up comes back to you in the sale, and it may be just what you need to cover a large portion – if not all – of the down payment on your next home.

Bottom Line

There’s volatility in today’s stock market, but home equity is still incredibly strong. To find out just how much equity you have in your current home, let’s connect.
    [created_at] => 2022-09-19T14:22:54Z
    [description] => While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/19101226/20229020-KCM-Share.jpg
    [id] => 4293
    [kcm_ig_caption] => While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.

Equity is the current value of your home minus what you owe on the loan. Because there was a significant imbalance between the number of homes available for sale and the number of buyers looking to make a purchase over the past few years, home prices appreciated substantially. And while rising inventory and mortgage rates have cooled the market some in recent months, home prices nationally remain strong.

That’s why, according to the latest Homeowner Equity Insights from CoreLogic, the average homeowner equity has grown by $60,000 over the last 12 months.

While equity helps increase your overall net worth, it can also help you achieve other goals like buying your next home. When you sell your current house, the equity you built up comes back to you in the sale, and it may be just what you need to cover a large portion – if not all – of the down payment on your next home.

There’s volatility in today’s stock market, but home equity is still incredibly strong. To find out just how much equity you have in your current home, DM me.
    [kcm_ig_hashtags] => expertanswers,purchasingpower,buyingpower,homepriceappreciation,affordability,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Watching the stock market? Check the value of your home for good news.
    [public_bottom_line] => 
There’s volatility in today’s stock market, but home equity is still incredibly strong. To find out just how much equity you have in your current home, connect with a trusted real estate advisor.
    [published_at] => 2022-09-20T10:00:25Z
    [related] => Array
        (
        )

    [slug] => watching-the-stock-market-check-the-value-of-your-home-for-good-news
    [status] => published
    [tags] => Array
        (
        )

    [title] => Watching the Stock Market? Check the Value of Your Home for Good News.
    [updated_at] => 2023-02-03T15:33:51Z
    [url] => /2022/09/20/watching-the-stock-market-check-the-value-of-your-home-for-good-news/
)

Watching the Stock Market? Check the Value of Your Home for Good News.

While watching the stock market recently may have started to feel pretty challenging, checking the value of your home should come as welcome relief in this volatile time. If you’re a homeowner, your net worth got a big boost over the past few years thanks to rising home prices. And that increase in your wealth came in the form of home equity. Here’s how it works.
560
stdClass Object
(
    [agents_bottom_line] => 
Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, let’s connect so you have expert insights on how the market has shifted and how to plan accordingly for your sale.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

Buyer Demand Then and Now

During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend (see graph below):

Will My House Still Sell in Today’s Market? | Simplifying The Market

The orange bars in the graph above represent the last few months of data and the clear cooldown in the volume of home showings the market has seen since mortgage rates started to rise. But context is important. To get the full picture of where today's demand stands, let's look at the July data for the past six years (see graph below):

Will My House Still Sell in Today’s Market? | Simplifying The Market

This second visual makes it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today.

What That Means for You When You Sell

The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed.

While things have cooled a bit, it’s still a sellers’ market. If you work with a trusted local expert to price your house at the current market value, the demand is still there, and it should sell quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale.

Bottom Line

Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, let’s connect so you have expert insights on how the market has shifted and how to plan accordingly for your sale.
    [created_at] => 2022-09-15T15:46:23Z
    [description] => If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/15114458/20220919-KCM-Share.jpg
    [id] => 4292
    [kcm_ig_caption] => If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.

During the pandemic, mortgage rates hit record lows, and that spurred a significant rise in buyer demand. This year, as rates increased due to factors like rising inflation, buyer demand pulled back or softened as a result. The latest data from ShowingTime confirms this trend.

But context is important. To get the full picture of where today’s demand stands, consider data for the past six years. Historical data make it clear that, while moderating compared to the frenzy in 2020 and 2021, showing activity is still beating pre-pandemic levels – and those pre-pandemic years were great years for the housing market. That goes to show there’s still demand if you sell your house today.

The key to selling in a changing market is understanding where the housing market is now. It’s not the same market we had last year or even earlier this year, but that doesn’t mean the opportunity to sell has passed.

While things have cooled a bit, it’s still a sellers’ market. If you work with a trusted local expert to price your house at the current market value, the demand is still there, and it should sell quickly. According to a recent survey from realtor.com, 92% of homeowners who sold in August reported being satisfied with the outcome of their sale. If you’re ready to sell your house today, DM me so you have expert insights on how the market has shifted and how to plan accordingly for your sale.
    [kcm_ig_hashtags] => Sellyourhouse,moveuphome,dreamhome,realestate,homeownership,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,justsold,keepingcurrentmatters
    [kcm_ig_quote] => Will my house still sell in today’s market?
    [public_bottom_line] => 
Buyer demand hasn’t disappeared, it’s just moderated this year. If you’re ready to sell your house today, lean on a trusted real estate professional to understand how the market has shifted and how to plan accordingly for your sale.
    [published_at] => 2022-09-19T10:00:53Z
    [related] => Array
        (
        )

    [slug] => will-my-house-still-sell-in-todays-market
    [status] => published
    [tags] => Array
        (
        )

    [title] => Will My House Still Sell in Today’s Market?
    [updated_at] => 2023-02-03T15:33:51Z
    [url] => /2022/09/19/will-my-house-still-sell-in-todays-market/
)

Will My House Still Sell in Today’s Market?

If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to know. Buyer demand hasn’t disappeared, it’s just eased from the peak intensity we saw over the past two years.
561
stdClass Object
(
    [agents_bottom_line] => 

    
 	
  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
    • 
 	
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
    • 
 	
  • Connect with a trusted professional to learn more and start your homebuying process today.
    • 


    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 8
                    [name] => Infographics
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => infographics
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Infografías
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

            [3] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => 
A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC] | Simplifying The Market
Some Highlights


    
 	
  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
    • 
 	
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
    • 
 	
  • Connect with a trusted professional to learn more and start your homebuying process today.
    • 


    [created_at] => 2022-09-15T13:00:43Z
    [description] => 
Some Highlights


    
 	
  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
    • 
 	
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
    • 
 	


    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/15085140/20220916-KCM-Share.png
    [id] => 4285
    [kcm_ig_caption] => Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow. Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious. Connect with a trusted professional to learn more and start your homebuying
    [kcm_ig_hashtags] => firsttimehomebuyer,opportunity,housingmarket,househunting,makememove,homegoals,houseshopping,housegoals,investmentproperty,emptynest,downsizing,locationlocationlocation,newlisting,homeforsale,renovated,starterhome,dreamhome,curbappeal,keepingcurrentmatters
    [kcm_ig_quote] => Here’s why mortgage pre-approval is a crucial first step.
    [public_bottom_line] => 
    [published_at] => 2022-09-16T10:00:38Z
    [related] => Array
        (
        )

    [slug] => a-crucial-first-step-mortgage-pre-approval-infographic
    [status] => published
    [tags] => Array
        (
        )

    [title] => A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]
    [updated_at] => 2023-02-03T15:33:52Z
    [url] => /2022/09/16/a-crucial-first-step-mortgage-pre-approval-infographic/
)

A Crucial First Step: Mortgage Pre-Approval [INFOGRAPHIC]

Some Highlights

  • Mortgage pre-approval means a lender has reviewed your finances and, based on factors like your income, debt, and credit history, determined how much you’re qualified to borrow.
  • Being pre-approved for a loan can give you clarity while planning your homebuying budget, confidence in your ability to secure a loan, and helps sellers know your offer is serious.
562
stdClass Object
(
    [agents_bottom_line] => 
Regardless of the extremely competitive housing market of the past several years, today’s data suggests negotiations are starting to come back on the table. This is good news if you're planning to enter the housing market. To find out how the market is shifting in our area, let's connect.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.

Today, you should have less competition and more negotiating power as a buyer. That’s because the intensity of buyer demand and bidding wars is easing this year. So, if bidding wars were the biggest factor that had you sitting on the sidelines, here are two trends that may be just what you need to re-enter the market.

1. The Return of Contingencies

Over the last two years, more buyers were willing to skip important steps in the homebuying process, like the appraisal or inspection, to try to win a bidding war. But now, fewer people are waiving the inspection and appraisal.

The latest data from the National Association of Realtors (NAR) shows the percentage of buyers waiving their home inspection and appraisal is declining. And a recent survey from realtor.com confirms more sellers are accepting offers that include these conditions today. According to their August study:

    
 	
  • 95% of sellers reported buyers requested a home inspection
    • 
 	
  • 67% of sellers negotiated with buyers on repairs as a result of the inspection findings
    • 


This goes to show buyers are more able to include these conditions in their offers today and negotiate as needed based on the outcome of the inspection.

2. Sellers Are More Willing To Help with Closing Costs

Generally, closing costs range between 2% and 5% of the purchase price for the home. Before the pandemic, it was a common negotiation tactic for sellers to cover some of the buyer’s closing costs to sweeten the deal. This didn't happen as much during the peak buyer frenzy over the past two years.

Today, as the market shifts and demand slows, data from realtor.com suggests this is making a comeback. A recent article shows 32% of sellers paid some or all of their buyer’s closing costs. This may be a negotiation tool you’ll see as you go to purchase a home. Just keep in mind, limits on closing cost credits are set by your lender and can vary by state and loan type. Work closely with your loan advisor to understand how much a seller can contribute to closing costs in your area.

Bottom Line

Regardless of the extremely competitive housing market of the past several years, today’s data suggests negotiations are starting to come back on the table. This is good news if you're planning to enter the housing market. To find out how the market is shifting in our area, let's connect.
    [created_at] => 2022-09-13T18:39:40Z
    [description] => If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/13143122/20220915-KCM-Share.jpg
    [id] => 4284
    [kcm_ig_caption] => If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.

>> 1. The Return of Contingencies

The latest data from the National Association of Realtors (NAR) shows the percentage of buyers waiving their home inspection and appraisal is declining. And a recent survey from realtor.com confirms more sellers are accepting offers that include these conditions today. According to their August study:

• 95% of sellers reported buyers requested a home inspection
• 67% of sellers negotiated with buyers on repairs as a result of the inspection findings

This goes to show buyers are more able to include these conditions in their offers today and negotiate as needed based on the outcome of the inspection.

>>2. Sellers Are More Willing To Help with Closing Costs

Before the pandemic, it was a common negotiation tactic for sellers to cover some of the buyer’s closing costs to sweeten the deal. This didn't happen as much during the peak buyer frenzy over the past two years.

Today, as the market shifts and demand slows, data from realtor.com suggests this is making a comeback. A recent article shows 32% of sellers paid some or all of their buyer’s closing costs. This may be a negotiation tool you’ll see as you go to purchase a home. Just keep in mind, limits on closing cost credits are set by your lender and can vary by state and loan type.

To find out how the market is shifting in our area, let's connect.
    [kcm_ig_hashtags] => firsttimehomebuyer,opportunity,housingmarket,househunting,makememove,homegoals,houseshopping,housegoals,investmentproperty,emptynest,downsizing,locationlocationlocation,newlisting,homeforsale,renovated,starterhome,dreamhome,curbappeal,keepingcurrentmatters
    [kcm_ig_quote] => Buyers are regaining some of their negotiation power in today’s housing market.
    [public_bottom_line] => 
Regardless of the extremely competitive housing market of the past several years, today’s data suggests negotiations are starting to come back on the table. This is good news if you're planning to enter the housing market. To find out how the market is shifting in your area, connect with your local real estate advisor today.
    [published_at] => 2022-09-15T10:00:24Z
    [related] => Array
        (
        )

    [slug] => buyers-are-regaining-some-of-their-negotiation-power-in-todays-housing-market
    [status] => published
    [tags] => Array
        (
        )

    [title] => Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market
    [updated_at] => 2023-02-03T15:33:52Z
    [url] => /2022/09/15/buyers-are-regaining-some-of-their-negotiation-power-in-todays-housing-market/
)

Buyers Are Regaining Some of Their Negotiation Power in Today’s Housing Market

If you're thinking about buying a home today, there's welcome news. Even though it’s still a sellers’ market, it’s a more moderate sellers’ market than last year. And the days of feeling like you may need to waive contingencies or pay drastically over asking price to get your offer considered may be coming to a close.
563
stdClass Object
(
    [agents_bottom_line] =>  
The real estate market is slowing down, and that’s causing many to fear we’re in a housing bubble. What we’ve experienced in the housing market over the past two years were historic levels of demand and constrained supply. That led to homes going up in value at a record pace. While some overheated markets may experience price depreciation in the short term, according to experts, the national real estate market will appreciate in the coming year.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?

To answer this question, there are two things we want to understand. The first is the reality of the shift in today’s housing market. And the second is what experts are saying about home prices in the coming year.

The Reality of the Shift in Today’s Housing Market

The reality is we’re seeing an inflection point in housing supply and demand. According to realtor.com, active listings have increased more than 26% over last year, while showings from the latest ShowingTime Showing Index have decreased almost 17% from last year (see graph below). This is an inflection point for housing because, over the past two years, we’ve seen a massive amount of demand (showings) and not enough homes available for sale for the number of people that wanted to buy. That caused the market frenzy.

Today, supply and demand look very different, and the market is slowing down from the pace we’ve seen. This offers proof of the sudden slowdown so many people are feeling.

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble? | Simplifying The Market

What Experts Are Saying About Home Prices in the Coming Year

Right now, most experts are forecasting home price appreciation in 2023, but at a much slower pace than the last two years. The average of the six forecasters below is for national home prices to appreciate by 2.5% in the coming year. Only one of the six is calling for home price depreciation.

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble? | Simplifying The Market

When we look at the shift taking place along with what experts are saying, we can conclude the national real estate market is slowing down but is not a bubble getting ready to burst. This isn’t to say that a few overheated markets won’t experience home price depreciation, but there isn’t a case to be made for a national housing bubble.

Bottom Line 

The real estate market is slowing down, and that’s causing many to fear we’re in a housing bubble. What we’ve experienced in the housing market over the past two years were historic levels of demand and constrained supply. That led to homes going up in value at a record pace. While some overheated markets may experience price depreciation in the short term, according to experts, the national real estate market will appreciate in the coming year.
    [created_at] => 2022-09-13T15:41:46Z
    [description] => The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/13112418/20220914-KCM-Share.jpg
    [id] => 4283
    [kcm_ig_caption] => The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?

>>The Reality of the Shift in Today’s Housing Market

According to realtor.com, active listings have increased more than 26% over last year, while showings from the latest ShowingTime Showing Index have decreased almost 17% from last year. This is an inflection point for housing because, over the past two years, we’ve seen a massive amount of demand (showings) and not enough homes available for sale for the number of people that wanted to buy. That caused the market frenzy.

Today, supply and demand look very different, and the market is slowing down from the pace we’ve seen.

>>What Experts Are Saying About Home Prices in the Coming Year

Right now, most experts are forecasting home price appreciation in 2023, but at a much slower pace than the last two years. The average of the six forecasters below is for national home prices to appreciate by 2.5% in the coming year. Only one of the six is calling for home price depreciation.

When we look at the shift taking place along with what experts are saying, we can conclude the national real estate market is slowing down but is not a bubble getting ready to burst. This isn’t to say that a few overheated markets won’t experience home price depreciation, but there isn’t a case to be made for a national housing bubble. If you have questions about what's happening in our market, DM me today.
    [kcm_ig_hashtags] => realestate,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,realestateagents,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Is the real estate market slowing down, or is this a housing bubble?
    [public_bottom_line] =>  
The real estate market is slowing down, and that’s causing many to fear we’re in a housing bubble. What we’ve experienced in the housing market over the past two years were historic levels of demand and constrained supply. That led to homes going up in value at a record pace. While some overheated markets may experience price depreciation in the short term, according to experts, the national real estate market will appreciate in the coming year.
    [published_at] => 2022-09-14T10:00:44Z
    [related] => Array
        (
        )

    [slug] => is-the-real-estate-market-slowing-down-or-is-this-a-housing-bubble
    [status] => published
    [tags] => Array
        (
        )

    [title] => Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?
    [updated_at] => 2023-02-03T15:33:52Z
    [url] => /2022/09/14/is-the-real-estate-market-slowing-down-or-is-this-a-housing-bubble/
)

Is the Real Estate Market Slowing Down, or Is This a Housing Bubble?

The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many to ask: are things just slowing down, or is a crash coming?
564
stdClass Object
(
    [agents_bottom_line] => 
If you’ve been searching for a home and have found yourself stepping out of the process because you’re worried about rising costs, let’s connect. Having a team of local advisors on your side may be just what you need to guide your search in a new and more affordable direction.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR):

“Compared to one year ago, the monthly mortgage payment rose to $1,944 from $1,265, an increase of 53.7%.”

If you’re thinking of buying a home or have been trying to recently, that’s a big increase in a monthly mortgage payment – and it may be causing you to press pause on your plans. This jump is making homes less affordable, especially compared to the last two years when mortgage rates were at historic lows.

The good news is you can navigate today’s housing market and this rising rate environment with a few simple tips. Here are three things you may want to consider to help make your homeownership goals a reality.

1. Expand Your Search Area and Criteria

If you’ve been looking for a home in the city center or a specific area that’s starting to feel out of your price range, you may want to try looking a little further out in a location that could be more affordable. Expanding your search location or re-prioritizing the items on your wish list can open up opportunities you haven’t considered, and that could help you afford more of what you need (and want) in a home. As CNET notes:

“Area growth is likely to keep pace with the market, which means that the outskirts of town might be hopping within five years. Consider stepping out of your ideal location by searching in the nearby cities. You may find better prices and more square footage.”


2. Explore Alternative Financing Options

Working with a trusted lender to learn about the different loan types and options is essential too. According to Nerd Wallet:

“A variety of mortgages are available with varying down payment and eligibility requirements.”

Experts know how to point you in the right direction when it comes to exploring ways to find the best home loan for your situation. With rising mortgage rates making it more costly to finance a home today, there may be an ideal option out there your loan officer can introduce you to. This could make a home purchase more affordable and within your financial reach over the life of your loan.

3. Look for Grants, Gift Funds, and Down Payment Assistance

There are also many options available when it comes to securing the funding you need to purchase a home. One valuable resource to explore is downpaymentresource.com. Searching for specific down payment assistance options available in your local community could be a game changer when it comes to taking your first step toward homeownership. As NAR indicates:

“Many local governments and non-profit organizations offer down-payment assistance grants and loans, targeted to area borrowers and often with specific borrower requirements.”

Plus, there are programs and special benefits for individuals working in certain professions or with unique statuses, including teachers, doctors and nurses, and veterans.

Ultimately, that means there are many federal, state, and local programs available for you to explore. The best way to do that is to connect with a local real estate professional and your lender to learn more about what’s available in your area.

Bottom Line

If you’ve been searching for a home and have found yourself stepping out of the process because you’re worried about rising costs, let’s connect. Having a team of local advisors on your side may be just what you need to guide your search in a new and more affordable direction.
    [created_at] => 2022-09-12T15:06:16Z
    [description] => It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR):
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/12105706/20220913-KCM-Share.jpg
    [id] => 4281
    [kcm_ig_caption] => It’s clear the 2022 housing market has been defined by rising mortgage rates. The good news is you can navigate today’s housing market and this rising rate environment with a few simple tips. Here are three things you may want to consider to help make your homeownership goals a reality.

>>1. Expand Your Search Area and Criteria

If you’ve been looking for a home in the city center or a specific area that’s starting to feel out of your price range, you may want to try looking a little further out. Expanding your search location or re-prioritizing the items on your wish list can open up opportunities you haven’t considered, and that could help you afford more of what you need (and want) in a home.

>> 2. Explore Alternative Financing Options

Experts know how to point you in the right direction when it comes to exploring ways to find the best home loan for your situation. With rising mortgage rates making it more costly to finance a home today, there may be an ideal option out there your loan officer can introduce you to. This could make a home purchase more affordable and within your financial reach over the life of your loan.

>> 3. Look for Grants, Gift Funds, and Down Payment Assistance

There are also many options available when it comes to securing the funding you need to purchase a home. One valuable resource to explore is downpaymentresource.com. Searching for specific down payment assistance options available in your local community could be a game changer when it comes to taking your first step toward homeownership.

Having a team of local advisors on your side may be just what you need to guide your search in a new and more affordable direction. DM me today.
    [kcm_ig_hashtags] => firsttimehomebuyer,opportunity,housingmarket,househunting,makememove,homegoals,houseshopping,housegoals,investmentproperty,emptynest,downsizing,locationlocationlocation,newlisting,homeforsale,renovated,starterhome,dreamhome,curbappeal,keepingcurrentmatters
    [kcm_ig_quote] => Here are three things buyers can do in today’s housing market.
    [public_bottom_line] => 
If you’ve been searching for a home and have found yourself stepping out of the process because you’re worried about rising costs, connect with a trusted real estate expert. Having a team of local advisors on your side may be just what you need to guide your search in a new and more affordable direction.
    [published_at] => 2022-09-13T10:00:12Z
    [related] => Array
        (
        )

    [slug] => three-things-buyers-can-do-in-todays-housing-market
    [status] => published
    [tags] => Array
        (
        )

    [title] => Three Things Buyers Can Do in Today’s Housing Market
    [updated_at] => 2023-02-03T15:33:53Z
    [url] => /2022/09/13/three-things-buyers-can-do-in-todays-housing-market/
)

Three Things Buyers Can Do in Today’s Housing Market

It’s clear the 2022 housing market has been defined by rising mortgage rates. With rates on the rise, it’s also become more costly to purchase a home. According to the National Association of Realtors (NAR):
565
stdClass Object
(
    [agents_bottom_line] => 
In today’s shifting market, it’s important to spend your time and money wisely when you’re getting ready to move. Let’s connect to find out where to focus your efforts before you sell.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house.

Here are some considerations a professional will guide you through.

What You Need To Know About Your Local Market

Since the supply of homes for sale has increased so much this year, today’s buyers have more options than they had last year. That may mean you’re not able to ignore some of those repairs or cosmetic updates you could have skipped in previous months. As a recent article from realtor.com says:

“To stand out in the market, sellers should make their home attractive to buyers, which usually means some selective updates.”

The key word here is selective. Since it’s still a sellers’ market, focusing on a few key areas may be enough to make your house stand out from other options. And since inventory is still low overall, it’s also possible buyers may be willing to handle the renovations themselves once they move in. It all depends on buyer demand and the available inventory in your local area. For advice on what’s happening in your market and what to do to make your house show well, lean on a professional.

Not All Renovation Projects Are Equal 

In addition to making sure your house makes a good first impression, you’ll also want to consider the return on your investment (ROI) for any renovations. According to the 2022 Remodeling Impact Report from the National Association of Realtors (NAR), here are the projects that could net you the best return when you sell your house (see visual below):

Getting Your House Ready To Sell? Work with an Agent for Expert Advice | Simplifying The Market

Again, your real estate advisor is your best resource. When your agent comes to your house for a walk-thru and consultation, they’ll use their expertise to offer any insight into what you may need to repair, replace, or refinish. They also know what other sellers are doing before listing their homes and how buyers are reacting to those upgrades to help steer you in the right direction. As Dr. Jessica Lautz, Vice President of Demographics and Behavioral Insights for NAR, explains:

“This year, the winner was hardwood flooring. Hardwood floor refinishing and putting in new wood flooring had the most significant value, . . .” 


How To Draw Buyer Attention to the Upgrades You’ve Made 

For any projects you’ve already completed or for those you plan to do before listing, make sure your real estate professional knows. They’re not just an advisor to help you decide where to focus your efforts, they’re also skilled at highlighting any upgrades in your listing. That way, potential buyers know about the features that may help sell them on the house.

No matter what, contact a local real estate professional for expert advice on what work needs to be done and how to make it as appealing as possible to future buyers. Every home is different, so a conversation with your agent is mission-critical to make sure you make the right moves when selling this season.

Bottom Line

In today’s shifting market, it’s important to spend your time and money wisely when you’re getting ready to move. Let’s connect to find out where to focus your efforts before you sell.
    [created_at] => 2022-09-09T14:27:57Z
    [description] => In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/09102723/20220912-KCM-Share.jpg
    [id] => 4280
    [kcm_ig_caption] => In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. Here are some considerations a professional will guide you through.

>>What You Need To Know About Your Local Market

Since the supply of homes for sale has increased so much this year, today’s buyers have more options than they had last year. That may mean you’re not able to ignore some of those repairs or cosmetic updates you could have skipped in previous months. As a recent article from realtor.com says, “To stand out in the market, sellers should make their home attractive to buyers, which usually means some selective updates.”

>>Not All Renovation Projects Are Equal

In addition to making sure your house makes a good first impression, you’ll also want to consider the ROI for any renovations. When your agent comes to your house for a walk-thru and consultation, they’ll use their expertise to offer any insight into what you may need to repair, replace, or refinish.

>>How To Draw Buyer Attention to the Upgrades You’ve Made

For any projects you’ve already completed or for those you plan to do before listing, make sure your real estate professional knows. They’re not just an advisor to help you decide where to focus your efforts, they’re also skilled at highlighting any upgrades in your listing. That way, potential buyers know about the features that may help sell them on the house.

In today’s shifting market, it’s important to spend your time and money wisely when you’re getting ready to move. DM me to find out where to focus your efforts before you sell.
    [kcm_ig_hashtags] => Sellyourhouse,moveuphome,renovations,realestate,homeownership,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,justsold,keepingcurrentmatters
    [kcm_ig_quote] => Getting your house ready to sell? Work with an agent for expert advice.
    [public_bottom_line] => 
In today’s shifting market, it’s important to spend your time and money wisely when you’re getting ready to move. Work with a real estate advisor to find out where to focus your efforts before you sell.
    [published_at] => 2022-09-12T10:00:01Z
    [related] => Array
        (
        )

    [slug] => getting-your-house-ready-to-sell-work-with-an-agent-for-expert-advice
    [status] => published
    [tags] => Array
        (
        )

    [title] => Getting Your House Ready To Sell? Work with an Agent for Expert Advice
    [updated_at] => 2023-02-03T15:33:53Z
    [url] => /2022/09/12/getting-your-house-ready-to-sell-work-with-an-agent-for-expert-advice/
)

Getting Your House Ready To Sell? Work with an Agent for Expert Advice

In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house.
566
stdClass Object
(
    [agents_bottom_line] => 

    
 	
  • If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights.
    • 
 	
  • The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face.
    • 
 	
  • Let’s connect so you have expert advice each step of the way.
    • 


    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 8
                    [name] => Infographics
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => infographics
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Infografías
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => 
Why It’s So Important To Hire a Pro [INFOGRAPHIC] | Simplifying The Market
Some Highlights


    
 	
  • If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights.
    • 
 	
  • The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face.
    • 
 	
  • Let’s connect so you have expert advice each step of the way.
    • 


    [created_at] => 2022-09-08T20:13:07Z
    [description] => 
Some Highlights


    
 	
  • If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights.
    • 
 	
  • The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face.
    • 
 	


    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/08160644/20220909-KCM-Share.png
    [id] => 4279
    [kcm_ig_caption] => If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights. The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face. Let’s connect so you have expert advice each step of the way.
    [kcm_ig_hashtags] => expertanswers,stayinformed,staycurrent,powerfuldecisions,confidentdecisions,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => It’s so important to hire a pro.
    [public_bottom_line] => 
    [published_at] => 2022-09-09T10:00:44Z
    [related] => Array
        (
        )

    [slug] => why-its-so-important-to-hire-a-pro-infographic
    [status] => published
    [tags] => Array
        (
        )

    [title] => Why It’s So Important To Hire a Pro [INFOGRAPHIC]
    [updated_at] => 2023-02-03T15:33:53Z
    [url] => /2022/09/09/why-its-so-important-to-hire-a-pro-infographic/
)

Why It’s So Important To Hire a Pro [INFOGRAPHIC]

Some Highlights

  • If you’re thinking of buying or selling a home, you’ll want a trusted real estate professional on your side for their industry experience and expert insights.
  • The right advisor utilizes the latest technology and can help you navigate today’s home pricing and market values, the contracts and fine print, and the negotiations you’ll face.
567
stdClass Object
(
    [agents_bottom_line] => 
If you’re thinking about selling your house this season, let’s connect so you have the expert insights you need to make the best possible move today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.

Opportunity #1: You Have More Options for Your Move

One of the biggest stories today is the growing supply of homes for sale. Housing inventory has been increasing since the start of the year, primarily because higher mortgage rates helped cool off the peak frenzy of buyer demand. But what you may not realize is, that actually could benefit you.

If you’re selling your house to make a move, it means you’ll have more options for your own home search. That gives you an even better chance to find a home that checks all of your boxes. So, if you’ve put off selling because you were worried about being able to find somewhere to go, know your options have improved.

Opportunity #2: The Number of Homes on the Market Is Still Low

Just remember, while data shows the number of homes for sale has increased this year, housing supply is still firmly in sellers’ market territory. To be in a balanced market where there are enough homes available to meet the pace of buyer demand, there would need to be a six months’ supply of homes. According to the latest report from the National Association of Realtors (NAR), in July, there was only a 3.3 months’ supply.

While you’ll have more options for your own home search, inventory is still low, and that means your home will still be in demand if you price it right. That’s why the most recent data from NAR also shows the average home sold in July still saw multiple offers and sold in as little as 14 days.

Opportunity #3: Your Equity Has Grown by Record Amounts

The home price appreciation the market saw over the past few years has likely given your equity (and your net worth) a considerable boost. Danielle Hale, Chief Economist at realtor.com, explains:

“Home owners trying to decide if now is the time to list their home for sale are still in a good position in many markets across the country as a decade of rising home prices gives them a substantial equity cushion . . .” 

If you’ve been holding off on selling because you’re worried about how rising prices will impact your next home search, rest assured your equity can help. It may be just what you need to cover a large portion (if not all) of the down payment on your next home.

Bottom Line

If you’re thinking about selling your house this season, let’s connect so you have the expert insights you need to make the best possible move today.
    [created_at] => 2022-09-07T21:01:09Z
    [description] => There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/07170053/20220908-KCM-Share.jpg
    [id] => 4273
    [kcm_ig_caption] => There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.

>>Opportunity #1: You Have More Options for Your Move

One of the biggest stories today is the growing supply of homes for sale. Housing inventory has been increasing since the start of the year. If you’re selling your house to make a move, it means you’ll have more options for your own home search.

>>Opportunity #2: The Number of Homes on the Market Is Still Low

Just remember, while data shows the number of homes for sale has increased this year, housing supply is still firmly in sellers’ market territory. While you’ll have more options for your own home search, inventory is still low, and that means your home will still be in demand if you price it right.

>>Opportunity #3: Your Equity Has Grown by Record Amounts

The home price appreciation the market saw over the past few years has likely given your equity (and your net worth) a considerable boost. It may be just what you need to cover a large portion (if not all) of the down payment on your next home.

If you’re thinking about selling your house this season, DM me so you have the expert insights you need to make the best possible move today.
    [kcm_ig_hashtags] => expertanswers,stayinformed,staycurrent,powerfuldecisions,confidentdecisions,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Should I sell my house this year?
    [public_bottom_line] => 
If you’re thinking about selling your house this season, work with a real estate professional so you have the expert insights you need to make the best possible move today.
    [published_at] => 2022-09-08T10:00:17Z
    [related] => Array
        (
        )

    [slug] => should-i-sell-my-house-this-year
    [status] => published
    [tags] => Array
        (
        )

    [title] => Should I Sell My House This Year?
    [updated_at] => 2023-02-03T15:33:53Z
    [url] => /2022/09/08/should-i-sell-my-house-this-year/
)

Should I Sell My House This Year?

There’s no denying the housing market is undergoing a shift this season as buyer demand slows and the number of homes for sale grows. But that shift actually gives you some unique benefits when you sell. Here’s a look at the key opportunities you have if you list your house this fall.
568
stdClass Object
(
    [agents_bottom_line] => 
Whether you’re looking to buy your first home, move up to a larger home, or even downsize, you need to know what’s happening in the housing market so you can make the most informed decision possible. Let’s connect to discuss your goals and determine the best plan for your move.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 35
                    [name] => Mortgage Rates
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => mortgage-rates
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Tasas de interés
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?

As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that information is the professionals. Here’s a summary of the latest mortgage rate forecasts from housing market experts.

Experts Project Mortgage Rates Will Stabilize

While mortgage rates continue to fluctuate due to ongoing inflationary pressures and economic uncertainty, experts project they’ll start to stabilize in the months ahead. According to the latest projections, mortgage rates are expected to hover in the low to mid 5% range initially, and then potentially dip into the high 4% range by later next year (see chart below):

Expert Forecasts on Mortgage Rates | Simplifying The Market

That could bring you some welcome relief. So far this year, mortgage rates have climbed over two percentage points due to the Federal Reserve’s response to inflation, and that’s made it more expensive to buy a home. And wondering if the rise in rates will continue is keeping some prospective buyers on the sidelines.

But now that experts say mortgage rates should stabilize, this gives you a bit more certainty about what they think the future holds, and that may help you feel more confident about your decision to buy a home.

Bottom Line

Whether you’re looking to buy your first home, move up to a larger home, or even downsize, you need to know what’s happening in the housing market so you can make the most informed decision possible. Let’s connect to discuss your goals and determine the best plan for your move.
    [created_at] => 2022-09-06T17:11:13Z
    [description] => If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/06131036/20220907-KCM-Share.jpg
    [id] => 4272
    [kcm_ig_caption] => If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?

As you think about your homeownership goals and decide if now’s the time to make your move, the best place to turn to for that information is the professionals. Here’s a summary of the latest mortgage rate forecasts from housing market experts.

While mortgage rates continue to fluctuate due to ongoing inflationary pressures and economic uncertainty, experts project they’ll start to stabilize in the months ahead. According to the latest projections, mortgage rates are expected to hover in the low to mid 5% range initially, and then potentially dip into the high 4% range by later next year.

That could bring you some welcome relief. So far this year, mortgage rates have climbed over two percentage points due to the Federal Reserve’s response to inflation, and that’s made it more expensive to buy a home. And wondering if the rise in rates will continue is keeping some prospective buyers on the sidelines.

But now that experts say mortgage rates should stabilize, this gives you a bit more certainty about what they think the future holds, and that may help you feel more confident about your decision to buy a home.

Whether you’re looking to buy your first home, move up to a larger home, or even downsize, you need to know what’s happening in the housing market so you can make the most informed decision possible. DM me to discuss your goals and determine the best plan for your move.
    [kcm_ig_hashtags] => expertanswers,stayinformed,staycurrent,powerfuldecisions,confidentdecisions,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => What are the expert forecasts on mortgage rates?
    [public_bottom_line] => 
    [published_at] => 2022-09-07T10:00:39Z
    [related] => Array
        (
        )

    [slug] => expert-forecasts-on-mortgage-rates
    [status] => published
    [tags] => Array
        (
        )

    [title] => Expert Forecasts on Mortgage Rates
    [updated_at] => 2023-02-03T15:33:54Z
    [url] => /2022/09/07/expert-forecasts-on-mortgage-rates/
)

Expert Forecasts on Mortgage Rates

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow?
569
stdClass Object
(
    [agents_bottom_line] => 
Owning a home is an important part of building your net worth. If you’re ready to start on your journey to homeownership, let’s connect today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

        )

    [content_type] => blog
    [contents] => Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.

If you’re looking to increase your financial security, here’s why now could be a good time to start on your journey toward homeownership.

Owning a Home Is a Key Ingredient for Financial Success

A report from the National Association of Realtors (NAR) details several homeownership trends, including a significant gap in net worth between homeowners and renters. It finds:

“. . . the net worth of a homeowner was about $300,000 while that of a renter’s was $8,000 in 2021.”

To put that into perspective, the average homeowner’s net worth is roughly 40 times that of a renter’s. This difference shows owning a home is a key step in achieving financial success.

Equity Gains Can Substantially Boost a Homeowner’s Net Worth

The net worth gap between owners and renters exists in large part because homeowners build equity. When you own a home, your equity grows as your home appreciates in value and you make your mortgage payments each month. As a renter, you don’t have that same opportunity. A recent article from CNET explains:

“Homeownership is still considered one of the most reliable ways to build wealth. When you make monthly mortgage payments, you're building equity in your home . . . When you rent, you aren't investing in your financial future the same way you are when you're paying off a mortgage.”

But on top of that, your home equity grows even more as your home appreciates in value over time. That has a major impact on the wealth you build, as a recent article from Bankrate notes:

“Building home equity can help you increase your wealth over time, . . . A home is one of the only assets that have the potential to appreciate in value as you pay it down.”

In other words, when you own your home, you have the advantage of your mortgage payment acting as a contribution to a forced savings account that grows in value as your home does. And when you sell, any equity you’ve built up comes back to you. As a renter, you’ll never see a return on the money you pay out in rent every month.

Bottom Line

Owning a home is an important part of building your net worth. If you’re ready to start on your journey to homeownership, let’s connect today.
    [created_at] => 2022-09-01T13:54:01Z
    [description] => Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/01094059/20220906-KCM-Share.jpg
    [id] => 4263
    [kcm_ig_caption] => Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.

>>Owning a Home Is a Key Ingredient for Financial Success

A report from the National Association of Realtors (NAR) details several homeownership trends, including a significant gap in net worth between homeowners and renters. It finds:

“. . . the net worth of a homeowner was about $300,000 while that of a renter’s was $8,000 in 2021.”

To put that into perspective, the average homeowner’s net worth is roughly 40 times that of a renter’s. This difference shows owning a home is a key step in achieving financial success.

>>Equity Gains Can Substantially Boost a Homeowner’s Net Worth

The net worth gap between owners and renters exists in large part because homeowners build equity. When you own a home, your equity grows as your home appreciates in value and you make your mortgage payments each month. As a renter, you don’t have that same opportunity.

But on top of that, your home equity grows even more as your home appreciates in value over time. That has a major impact on the wealth you build.

In other words, when you own your home, you have the advantage of your mortgage payment acting as a contribution to a forced savings account that grows in value as your home does. And when you sell, any equity you’ve built up comes back to you. As a renter, you’ll never see a return on the money you pay out in rent every month.

If you’re ready to start on your journey to homeownership, DM me today.

    [kcm_ig_hashtags] => expertanswers,purchasingpower,buyingpower,homepriceappreciation,affordability,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => Here’s how owning a home builds your net worth.
    [public_bottom_line] => 
Owning a home is an important part of building your net worth. If you’re ready to start on your journey to homeownership, connect with a trusted real estate advisor today.
    [published_at] => 2022-09-06T10:00:53Z
    [related] => Array
        (
        )

    [slug] => how-owning-a-home-builds-your-net-worth
    [status] => published
    [tags] => Array
        (
        )

    [title] => How Owning a Home Builds Your Net Worth
    [updated_at] => 2023-02-03T15:33:54Z
    [url] => /2022/09/06/how-owning-a-home-builds-your-net-worth/
)

How Owning a Home Builds Your Net Worth

Owning a home is a major financial milestone and an achievement to take pride in. One major reason: the equity you build as a homeowner gives your net worth a big boost. And with high inflation right now, the link between owning your home and building your wealth is especially important.
570
stdClass Object
(
    [agents_bottom_line] => 

    
 	
  • While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
    • 
 	
  • The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price.
    • 
 	
  • You haven’t missed your opportunity to sell. Let’s connect to start the process today.
    • 


 
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 8
                    [name] => Infographics
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => infographics
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Infografías
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => 
Here's Why It's Still a Sellers' Market [INFOGRAPHIC] | Simplifying The Market
Some Highlights


    
 	
  • While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
    • 
 	
  • The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price.
    • 
 	
  • You haven’t missed your opportunity to sell. Let’s connect to start the process today.
    • 


 

    [created_at] => 2022-09-01T12:26:42Z
    [description] => 
Some Highlights


    
 	
  • While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
    • 
 	
  • The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price.
    • 
 	


    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/09/01081700/20220902-KCM-Share.png
    [id] => 4262
    [kcm_ig_caption] => While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low. The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price. You haven’t missed your opportunity to sell. DM me to start the process today.
    [kcm_ig_hashtags] => Sellyourhouse,moveuphome,dreamhome,realestate,homeownership,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,justsold,keepingcurrentmatters
    [kcm_ig_quote] => Here’s why it’s still a sellers’ market
    [public_bottom_line] => 
    [published_at] => 2022-09-02T10:00:04Z
    [related] => Array
        (
        )

    [slug] => heres-why-its-still-a-sellers-market-infographic
    [status] => published
    [tags] => Array
        (
        )

    [title] => Here's Why It's Still a Sellers' Market [INFOGRAPHIC]
    [updated_at] => 2023-02-03T15:33:54Z
    [url] => /2022/09/02/heres-why-its-still-a-sellers-market-infographic/
)

Here's Why It's Still a Sellers' Market [INFOGRAPHIC]

Some Highlights

  • While buyer demand has moderated and housing supply has grown in recent months, it’s still a sellers’ market because inventory is low.
  • The latest data shows sellers continue to benefit from serious buyers and competitive offers. In July, the average home received 2.8 offers and 39% sold over the asking price.
571
stdClass Object
(
    [agents_bottom_line] => 
If you’re ready to buy, it may be time to look for a newly built home. To learn what’s available in our area and what incentives these builders are offering, let's connect today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

            [3] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 45
                    [name] => New Construction
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => new-construction
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Nueva construcción
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why.

The Supply of Newly Built Homes Is Rising

When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the inventory of existing homes is on the rise today, it’s still in tight supply, meaning it can be challenging to find just the right one.

The inventory of newly built homes, however, is also rising. And with more options available than there have been in years, a new home may be just the answer you’re looking for. The graph below shows just how much the supply of newly built homes has grown this year.

New Homes May Have the Incentives You’re Looking for Today | Simplifying The Market

And here’s the thing – builders are also keeping a close eye on current market trends. With mortgage rates rising this year and, as a result, buyer demand softening, builders are slowing their pace of new construction. That’s because they learned their lesson in the housing crash of 2008 and want to avoid over-building and having too much inventory in their pipeline.

Basically, while there are more newly built homes on the market today than there have been in years, many builders want to sell their current inventory before adding much more – and that’s where you can really benefit. Today, builders may be more willing to work with buyers. According to a recent survey, 83% of builders have reduced their prices over the last three months.

What That Means for You


The current supply of newly built homes for sale coupled with the fact that data shows the majority of builders are doing price reductions are both great news for you. It means you may have more options and possibly some much-needed relief if you consider newly built homes in your search.

Bottom Line

If you’re ready to buy, it may be time to look for a newly built home. To learn what’s available in our area and what incentives these builders are offering, let's connect today.
    [created_at] => 2022-08-31T15:24:31Z
    [description] => According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/08/31111938/20220901-KCM-Share.jpg
    [id] => 4261
    [kcm_ig_caption] => According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why.

>>The Supply of Newly Built Homes Is Rising

When looking for a home, you can choose between existing homes (those that are already built and previously owned) and newly constructed ones. While the inventory of existing homes is on the rise today, it’s still in tight supply, meaning it can be challenging to find just the right one.

The inventory of newly built homes, however, is also rising. And with more options available than there have been in years, a new home may be just the answer you’re looking for.

With mortgage rates rising this year and, as a result, buyer demand softening, builders are slowing their pace of new construction. That’s because they learned their lesson in the housing crash of 2008 and want to avoid over-building and having too much inventory in their pipeline.

Today, builders may be more willing to work with buyers. According to a recent survey, 83% of builders have reduced their prices over the last three months.

>>What That Means for You

The current supply of newly built homes for sale coupled with the fact that data shows the majority of builders are doing price reductions are both great news for you. If you’re ready to buy, it may be time to look for a newly built home. To learn what’s available in your area and what incentives these builders are offering, DM me today.
    [kcm_ig_hashtags] => expertanswers,stayinformed,staycurrent,powerfuldecisions,confidentdecisions,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => New homes may have the incentives you’re looking for today.
    [public_bottom_line] => 
If you’re ready to buy, it may be time to look for a newly built home. To learn what’s available in your area and what incentives these builders are offering, work with a local real estate professional today.
    [published_at] => 2022-09-01T10:00:28Z
    [related] => Array
        (
        )

    [slug] => new-homes-may-have-the-incentives-youre-looking-for-today
    [status] => published
    [tags] => Array
        (
        )

    [title] => New Homes May Have the Incentives You’re Looking for Today
    [updated_at] => 2023-02-03T15:33:55Z
    [url] => /2022/09/01/new-homes-may-have-the-incentives-youre-looking-for-today/
)

New Homes May Have the Incentives You’re Looking for Today

According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding a home to buy over the past year, it may be time to work with your trusted agent to consider a new build and the incentives that come with it. Here’s why.
572
stdClass Object
(
    [agents_bottom_line] => 
If you put your plans on pause because of intense bidding wars in recent years, it may be time to kick off your home search. Today, bidding wars are easing and that may mean less competition for you as a buyer. If you’re serious about buying a home or making a move, let’s connect to get started today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 11
                    [name] => First-Time Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T15:59:33Z
                    [slug] => first-time-buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de vivienda por primera vez
                                )

                        )

                    [updated_at] => 2024-04-10T15:59:33Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 38
                    [name] => Move-Up
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2024-04-10T16:00:35Z
                    [slug] => move-up
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Compradores de casa mas grande
                                )

                        )

                    [updated_at] => 2024-04-10T16:00:35Z
                )

        )

    [content_type] => blog
    [contents] => One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way.

But here’s the news you’ve been waiting for: data shows clear signs bidding wars are easing this year.

According to the National Association of Realtors (NAR), the average number of offers on recently sold homes has declined considerably over the past few months (see graph below):

Buyers: You May Face Less Competition as Bidding Wars Ease | Simplifying The Market

The graph shows homes were seeing a high of around five offers earlier this year. But the latest data shows that average was down to just shy of three offers per recently sold home. This shift is happening largely because rising mortgage rates moderated buyer demand and slowed home sales, resulting in a growing supply of homes on the market. Essentially, more choices for buyers.

What This Means for You

If you put your home search on pause because you were outbid last year or because you didn’t want to deal with the peak intensity of bidding wars, you can breathe a welcome sigh of relief. While it’s still a sellers’ market, an uptick in inventory gives you a window of opportunity to jump back in. You may still be competing with some buyers, but it likely won’t be anything like it was just a few short months ago.

Bottom Line

If you put your plans on pause because of intense bidding wars in recent years, it may be time to kick off your home search. Today, bidding wars are easing and that may mean less competition for you as a buyer. If you’re serious about buying a home or making a move, let’s connect to get started today.
    [created_at] => 2022-08-30T13:42:43Z
    [description] => One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/08/30093706/20220831-KCM-Share.jpg
    [id] => 4260
    [kcm_ig_caption] => One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way.

But here’s the news you’ve been waiting for: data shows clear signs bidding wars are easing this year.

According to the National Association of Realtors (NAR), the average number of offers on recently sold homes has declined considerably over the past few months. This shift is happening largely because rising mortgage rates moderated buyer demand and slowed home sales, resulting in a growing supply of homes on the market. Essentially, more choices for buyers.

>>What This Means for You

If you put your home search on pause because you were outbid last year or because you didn’t want to deal with the peak intensity of bidding wars, you can breathe a welcome sigh of relief. While it’s still a sellers’ market, an uptick in inventory gives you a window of opportunity to jump back in. You may still be competing with some buyers, but it likely won’t be anything like it was just a few short months ago.

If you put your plans on pause because of intense bidding wars in recent years, it may be time to kick off your home search. Today, bidding wars are easing and that may mean less competition for you as a buyer. If you’re serious about buying a home or making a move, DM me today.

    [kcm_ig_hashtags] => firsttimehomebuyer,opportunity,housingmarket,househunting,makememove,homegoals,houseshopping,housegoals,investmentproperty,emptynest,downsizing,locationlocationlocation,newlisting,homeforsale,renovated,starterhome,dreamhome,curbappeal,keepingcurrentmatters
    [kcm_ig_quote] => Buyers: you may face less competition as bidding wars ease.
    [public_bottom_line] => 
If you put your plans on pause because of intense bidding wars in recent years, it may be time to kick off your home search. Today, bidding wars are easing and that may mean less competition for you as a buyer. If you’re serious about buying a home or making a move, partner with a trusted real estate professional to get started today.
    [published_at] => 2022-08-31T10:00:25Z
    [related] => Array
        (
        )

    [slug] => buyers-you-may-face-less-competition-as-bidding-wars-ease
    [status] => published
    [tags] => Array
        (
        )

    [title] => Buyers: You May Face Less Competition as Bidding Wars Ease
    [updated_at] => 2023-02-03T15:33:55Z
    [url] => /2022/08/31/buyers-you-may-face-less-competition-as-bidding-wars-ease/
)

Buyers: You May Face Less Competition as Bidding Wars Ease

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase a home and so few of them available for sale, fiercely competitive bidding wars became the norm during the pandemic – and it drove home prices up. If you tried to buy a house over the past two years, you probably experienced this firsthand and may have been outbid on several homes along the way.
573
stdClass Object
(
    [agents_bottom_line] => 
If you have questions about what’s happening with home prices in our local area, let’s connect.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 9
                    [name] => Home Prices
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => home-prices
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Precios
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.



Part of the challenge is that it can be hard to understand what experts are saying when the words they use sound similar. Let’s break down the differences among those terms to help clarify what’s actually happening today.

    
 	
  • Appreciation is when home prices increase.
    • 
 	
  • Depreciation is when home prices decrease.
    • 
 	
  • Deceleration is when home prices continue to appreciate, but at a slower or more moderate pace.
    • 


Experts agree that, nationally, what we’re seeing today is deceleration. That means home prices are appreciating, just not at the record-breaking pace they have over the past year. In 2021, data from CoreLogic tells us home prices appreciated by an average of 15% nationwide. And earlier this year, that appreciation was upward of 20%. This year, experts forecast home prices will appreciate at a decelerated pace of around 10 to 11%, on average.

The graph below uses the latest data from CoreLogic to help tell the story of how home prices are decelerating, but not depreciating so far this year.

What’s Actually Happening with Home Prices Today? | Simplifying The Market

As the green bars show, home prices appreciated between 19-20% year-over-year from January to March. But over the last few months, the pace of that appreciation has decelerated to 18%. This means price growth is still climbing compared to last year but at a slower rate.

As the Monthly Mortgage Monitor from Black Knight explains:

“Annual home price growth dropped by nearly two percentage points . . . – the greatest single-month slowdown on record since at least the early 1970s. . . While June’s slowdown was record-breaking, home price growth would need to decelerate at this pace for six more months to drive annual appreciation back to 5%, a rate more in line with long-run averages.”

Basically, this means, while moderating, home prices are still far above the norm, and we’d have to see a lot more deceleration to even fall in line with more typical rates of home price growth. That’s still not home price depreciation.

The big takeaway is home prices haven’t fallen or depreciated nationwide, they’re just decelerating or moderating. While some unique and overheated markets may see declines, nationally, home prices are forecast to appreciate. And when we look at the country as a whole, none of the experts project home prices will net depreciate or fall. They’re all projecting ongoing appreciation.

Bottom Line

If you have questions about what’s happening with home prices in our local area, let’s connect.
    [created_at] => 2022-08-29T17:02:26Z
    [description] => One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.


    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/08/29125052/20220830-KCM-Share.jpg
    [id] => 4258
    [kcm_ig_caption] => One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.

Part of the challenge is that it can be hard to understand what experts are saying when the words they use sound similar. Let’s break down the differences among those terms to help clarify what’s actually happening today.

• Appreciation is when home prices increase.
• Depreciation is when home prices decrease.
• Deceleration is when home prices continue to appreciate, but at a slower or more moderate pace.

Experts agree that, nationally, what we’re seeing today is deceleration. That means home prices are appreciating, just not at the record-breaking pace they have over the past year. In 2021, data from CoreLogic tells us home prices appreciated by an average of 15% nationwide. And earlier this year, that appreciation was upward of 20%. This year, experts forecast home prices will appreciate at a decelerated pace of around 10 to 11%, on average.

The big takeaway is home prices haven’t fallen or depreciated nationwide, they’re just decelerating or moderating. While some unique and overheated markets may see declines, nationally, home prices are forecast to appreciate. And when we look at the country as a whole, none of the experts project home prices will net depreciate or fall. They’re all projecting ongoing appreciation.

If you have questions about what’s happening with home prices today, DM me and let's connect

    [kcm_ig_hashtags] => expertanswers,purchasingpower,buyingpower,homepriceappreciation,affordability,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => What’s actually happening with home prices today?
    [public_bottom_line] => 
If you have questions about what’s happening with home prices today, connect with a trusted real estate professional.
    [published_at] => 2022-08-30T10:00:07Z
    [related] => Array
        (
        )

    [slug] => whats-actually-happening-with-home-prices-today
    [status] => published
    [tags] => Array
        (
        )

    [title] => What’s Actually Happening with Home Prices Today?
    [updated_at] => 2023-02-03T15:33:55Z
    [url] => /2022/08/30/whats-actually-happening-with-home-prices-today/
)

What’s Actually Happening with Home Prices Today?

One of the biggest questions people are asking right now is: what’s happening with home prices? There are headlines about ongoing price appreciation, but at the same time, some sellers are reducing the price of their homes. That can feel confusing and makes it more difficult to get a clear picture.
574
stdClass Object
(
    [agents_bottom_line] => 
To get expert advice when you buy or sell a home this year, let’s connect today.
    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert.

Why You Want To Lean on a Trusted Professional

With any big milestone in life, it’s wise to seek advice from people who are experts in their field.  While you likely want that advice to be perfect, perfect simply isn’t possible. But professionals have the knowledge and experience to be able to provide you with the best advice for your situation.

For example, let’s say you need an attorney, so you seek out an expert in the type of law required for your case. They won’t immediately tell you how the case is going to end or how the judge or jury will rule. But what a good attorney can do is discuss the most effective strategies based on their experience and help you put a plan together. They’ll even use their knowledge to work with you to adjust as new information becomes available.

Similarly, the job of a trusted real estate professional is to give you the best advice they can. Just like you can’t find a lawyer to give you perfect advice, you won’t find a real estate professional who can either. That’s because it’s impossible to know exactly what’s going to happen throughout your transaction. But an expert real estate advisor knows market trends and the ins and outs of the homebuying and selling processes.

They’ll use that knowledge to explain both the national headlines and what’s happening in your local area. That way, you have the best of both worlds and can feel confident in your decision to buy or sell. Freddie Mac explains why having an expert on your side is so essential:

“The success of your homebuying journey largely depends on the company you keep. . . . Be sure to select experienced, trusted professionals who will help you make informed decisions and avoid any pitfalls.”

With their expertise, a real estate advisor can anticipate what could happen next and work with you to put together a solid plan. Then, they’ll guide you through the process, helping you make decisions along the way. That’s the very definition of getting the best – not perfect – advice. And that’s the power of working with a real estate advisor.

Bottom Line

To get expert advice when you buy or sell a home this year, let’s connect today.
    [created_at] => 2022-08-25T16:33:09Z
    [description] => If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert.
    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/08/25123255/20220829-KCM-Share.jpg
    [id] => 4257
    [kcm_ig_caption] => If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert.

With any big milestone in life, it’s wise to seek advice from people who are experts in their field. While you likely want that advice to be perfect, perfect simply isn’t possible. But professionals have the knowledge and experience to be able to provide you with the best advice for your situation.

An expert real estate advisor knows market trends and the ins and outs of the homebuying and selling processes. They’ll use that knowledge to explain both the national headlines and what’s happening in your local area. That way, you have the best of both worlds and can feel confident in your decision to buy or sell. Freddie Mac explains why having an expert on your side is so essential. “The success of your homebuying journey largely depends on the company you keep. . . . Be sure to select experienced, trusted professionals who will help you make informed decisions and avoid any pitfalls.”

With their expertise, a real estate advisor can anticipate what could happen next and work with you to put together a solid plan. Then, they’ll guide you through the process, helping you make decisions along the way. That’s the very definition of getting the best – not perfect – advice. And that’s the power of working with a real estate advisor. To get expert advice when you buy or sell a home this year, DM me today.
    [kcm_ig_hashtags] => expertanswers,stayinformed,staycurrent,powerfuldecisions,confidentdecisions,realestate,homevalues,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => A trusted real estate advisor provides expert advice.
    [public_bottom_line] => 
To get expert advice when you buy or sell a home this year, contact a local real estate professional.
    [published_at] => 2022-08-29T10:00:48Z
    [related] => Array
        (
        )

    [slug] => a-trusted-real-estate-advisor-provides-expert-advice
    [status] => published
    [tags] => Array
        (
        )

    [title] => A Trusted Real Estate Advisor Provides Expert Advice
    [updated_at] => 2023-02-03T15:33:55Z
    [url] => /2022/08/29/a-trusted-real-estate-advisor-provides-expert-advice/
)

A Trusted Real Estate Advisor Provides Expert Advice

If you’re a homeowner or are planning to become one soon, you’re probably looking for clear information about today’s housing market. And if you’ve turned to the news or even just read headlines recently, you might feel like you’re left with more questions than answers. The best way to make sure you get what you need is to work with an expert.
575
stdClass Object
(
    [agents_bottom_line] => 

    
 	
  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
    • 
 	
  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
    • 
 	
  • If you have questions about buying or selling a home in today’s market, let’s connect.
    • 


    [assets] => Array
        (
        )

    [can_share] => no
    [categories] => Array
        (
            [0] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 5
                    [name] => For Buyers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => buyers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los compradores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [1] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 6
                    [name] => For Sellers
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => sellers
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Para los vendedores
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

            [2] => stdClass Object
                (
                    [category_type] => standard
                    [children] => 
                    [created_at] => 2019-06-03T18:18:43Z
                    [id] => 8
                    [name] => Infographics
                    [parent] => 
                    [parent_id] => 
                    [published_at] => 2019-06-03T18:18:43Z
                    [slug] => infographics
                    [status] => public
                    [translations] => stdClass Object
                        (
                            [es] => stdClass Object
                                (
                                    [name] => Infografías
                                )

                        )

                    [updated_at] => 2019-06-03T18:18:43Z
                )

        )

    [content_type] => blog
    [contents] => 
What Does a Recession Mean for the Housing Market? [INFOGRAPHIC] | Simplifying The Market
Some Highlights
  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
  • If you have questions about buying or selling a home in today’s market, let’s connect.

    [created_at] => 2022-08-25T16:09:52Z
    [description] => 
Some Highlights


    
 	
  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
    • 
 	
  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.
    • 
 	


    [exclusive_id] => 
    [expired_at] => 
    [featured_image] => https://files.simplifyingthemarket.com/wp-content/uploads/2022/08/25115918/20220826-KCM-Share.png
    [id] => 4256
    [kcm_ig_caption] => If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about buying or selling a home in today’s market, DM me today
    [kcm_ig_hashtags] => realestate,homeownership,homebuying,realestategoals,realestatetips,realestatelife,realestatenews,realestateagent,realestateexpert,realestateagency,realestateadvice,realestateblog,realestatemarket,realestateexperts,realestateagents,instarealestate,instarealtor,realestatetipsoftheday,realestatetipsandadvice,keepingcurrentmatters
    [kcm_ig_quote] => What would a recession mean for the housing market?
    [public_bottom_line] => 
    [published_at] => 2022-08-26T10:00:16Z
    [related] => Array
        (
        )

    [slug] => what-would-a-recession-mean-for-the-housing-market-infographic
    [status] => published
    [tags] => Array
        (
        )

    [title] => What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]
    [updated_at] => 2023-03-22T16:53:47Z
    [url] => /2022/08/26/what-would-a-recession-mean-for-the-housing-market-infographic/
)

What Would a Recession Mean for the Housing Market? [INFOGRAPHIC]

Some Highlights

  • If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us.
  • In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions.