When you’re selling any item, you usually want to sell it for the greatest profit possible. That happens when there’s a strong demand and a limited supply for that item. In the real estate market, that time is right now. If you’re thinking of selling your house this year, here are two reasons why now’s […]
All posts by Nicole Yoder Barnhart
Top 3 First-Time Home Seller Questions & Answers
Key Takeaways First-time home-sellers need an accurate value before listing. Sellers need to make smart choices on repairs and staging. Offers are evaluated on multiple factors, not just price. The three most common questions first-time sellers ask our real estate team. It’s common to be overwhelmed by the number of questions you inevitably run into […]
Do You Want To Know Where Mortgage Rates Are Heading?
Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because any increase in mortgage rates […]
How Will Inflation Affect the Housing Market?
Key Takeaways: The historic low housing inventory creates value opportunities in competitive housing markets. Anticipation of new home listings to hit a 10-year high as some owners see right now as the best time to sell. Condo and rental demand are likely to surge as inventory supply chain issues impact the housing market. This Year […]
Why is home inventory low right now? Buyers Want To Know.
One key question that’s top of mind for homebuyers this year is: Why is home inventory low right now? The truth is, we’re in the ultimate sellers’ market, so real estate is ultra-competitive for buyers right now. The number of buyers searching for a home greatly outweighs how many homes are available for sale. While low inventory in the […]
Two Ways Homebuyers Can Win in Today’s Market
The Top Color Palettes to Help Sell Your Home in 2022
Key Takeaways: Even in a seller’s market, it pays more to be mindful of how you present your home—and color is a key component! This year is all about earthy greens, fun pastel blues and yellows, and smart neutrals to really create a sense of comfort. Have fun with DIY projects and go hunting for […]
What’s Going To Happen to Home Prices in 2022?
After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021. However, the latest Home Price Insights Report from CoreLogic indicates while prices may have plateaued, appreciation has definitely not slowed. The following graph shows year-over-year appreciation throughout 2021. December data has not yet […]
Why Waiting To Sell Your House Could Cost You a Small Fortune
Many homeowners who plan to sell in 2022 may think the wise thing to do is to wait for the spring buying market since historically about 40 percent of home sales occur between April and July. However, this year’s expected to be much different than the norm. Here are five reasons to list your house now rather […]
Avoid the Rental Trap in 2022
Are you one of the many renters thinking about where you’ll live the next time your lease is up? Before you decide whether to look for a new house or another apartment, it’s important to understand the true costs of renting in 2022. As a renter, you should know rents have been rising since 1988 (see graph below): In 2021, […]