The day that the new broke on the headlines, I recorded this quick 2 min video explaining what these changes are and what it may mean. However, nothing is finalized and changes won’t be effective until later this summer. Of course the headlines are not quite accurate, and many details ...
Continue ReadingRecently, the National Association of Realtors (NAR) reached a significant settlement in a commission lawsuit, raising questions and discussions within the real estate industry. Background: The lawsuit against NAR centered on allegations of anticompetitive practices related to buyer agent commissions. Critics argued that NAR’s rules restricted competition and transparency, ultimately ...
Continue ReadingHome sellers can make various mistakes throughout the selling process. Here are some common ones to avoid: Overpricing the Property: Setting an unrealistic asking price can deter potential buyers and prolong the time your home sits on the market. It’s essential to conduct thorough research and work with your real ...
Continue ReadingWhy We Aren’t Headed for a Housing Crash If you’re holding out hope that the housing market is going to crash and bring home prices back down, here’s a look at what the data shows. And spoiler alert: that’s not in the cards. Instead, experts say home prices are going to keep going up. ...
Continue ReadingTitle insurance is a type of insurance policy that protects property owners and lenders from financial loss due to defects in a property’s title or ownership rights. When a property is bought or refinanced, a title search is conducted to uncover any potential issues with the title, such as unpaid ...
Continue ReadingSome Experts Say Mortgage Rates May Fall Below 6% Later This Year There’s a lot of confusion in the market about what’s happening with day-to-day movement in mortgage rates right now, but here’s what you really need to know: compared to the near 8% peak last fall, mortgage rates have trended down overall. ...
Continue ReadingUpdate: Under Contract as of 2.14.2024 The sellers received an incredible, sight-unseen offer before the home was Active. Welcome to this quiet corner of CountrySide. This home is being sold “as-is,” and with a bit of TLC and imagination, it could easily become the home you’ve always dreamed of. ...
Continue Reading2 of the Factors That Impact Mortgage Rates If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, and are now dropping back down a bit. Ever wonder why? The answer is complicated because ...
Continue ReadingWhat Lower Mortgage Rates Mean for Your Purchasing Power If you want to buy a home, it’s important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently ...
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