Local Real Estate News & Market Trends

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

Sept. 30, 2022

Advantages to Buying a Home in Inflationary Times

World events and government spending has led to soaring inflation. The Federal Reserve has only one tool in its arsenal to curb and reduce this trend – raising interest rates. While contemporary home buyers are accustomed to interest rates in the 2-4%, older homeowners remember being excited to get one as low as 8%. As yet, we have no indication such a drastic increase is necessary, home mortgage interest rates are creeping up and potential home buyers may be asking if they should still try to buy a home.

One of the first things to consider is affordability. A higher interest rate will impact the amount of the loan each buyer

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Sept. 23, 2022

A Home Improvement Plan Can Build Equity

Your home is typically the largest financial investment you’ll ever make. Over time, we expect the equity to increase through increasing property values and a decreasing mortgage balance. While homeowners recognize the need to maintain the home in good condition, one of the best ways to maximize your home equity is to create a plan for ongoing improvements and updates.

Often the interest in a remodeling project results from either an unexpected windfall or financing for a specific project

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Sept. 16, 2022

What Happens After The Home Inspection

An important part of the home buying process is having a professional home inspection. Even homes listed “as is” should have an inspection if only to understand what “as is” means. A comprehensive home inspection will examine all major systems, such as heating, cooling, electrical, and plumbing. The inspector will also look for signs of water intrusion and check the roof for leads or wear and tear.

Once the inspection is complete, the home buyer will receive a copy of the findings for review. Often buyers are

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Sept. 9, 2022

Seller Mistakes to Avoid as the Market Shifts

Let’s face it, it’s fun to have a home listed during a seller’s market. When inventory is tight, even less-than-perfect homes invite the frantic bidding wars seen over the past few years. But as the economy slows down and interest rates increase, sellers are wondering if the bidding wars are over, and what that means for them.

First of all, bidding wars have occurred in every kind of real estate market. Well-positioned homes have always

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Sept. 2, 2022

5 Affordable Updates to Do in a Weekend

Just because your budget is feeling the pinch with rising food and energy costs doesn’t mean your style has to suffer. Ditch the big investment purchase ideas and try some simple updates that will change the look and feel of any room quickly and for a lot less than a new couch.

Five Affordable Updates to do this Weekend:

  1. DIY Pastel Art – Freshen up your room with pastels without the big investment. Take a simple canvas from the

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Aug. 26, 2022

Is Owning a Short Term Rental Right For You?

Over the past few years, there has been a lot of excitement about owning a short-term rental as part of an investment portfolio. This marks a dramatic change from the traditional long-term rental model. As more travelers utilize vacation rentals instead of hotel chains for their trips, you may be wondering if owning a short-term rental may be the right situation for your needs.

Short-term rentals have caused a stir in many communities. Many full-time homeowners do not like having these

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Aug. 19, 2022

Is a Backup Generator Necessary?

Many people live where power outages occur quite often. This can be caused by storms or simply an unreliable power grid. If you experience regular power outages, you may be wondering if you need a backup generator. Here are some

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Aug. 12, 2022

Does It Make Sense to Buy Down Your Mortgage Rate

Rising interest rates can be a major concern if you’re shopping for a new home. A higher rate reduces your buying power and increases the home cost thousands of dollars over the course of the loan. One option to avoid this is to “buy down” your loan rate. This allows you to purchase your home at a more attractive rate.

A rate buydown is when you pay an upfront fee in exchange for a lower interest rate. This increases your closing costs and for every 1% of the purchase price you pay in points, your mortgage interest rate is reduced. Buying a lower

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Aug. 5, 2022

Buying a Home is a Great Hedge Against Inflation

Over the past couple of months, the news of rising inflation is fueling concern across the country. Currently, inflation is at a 40-year high. This is impacting household budgets the most as families try to make ends meet with less buying power. For potential home buyers, rising interest rates may cause worry that you will not be able to afford the home

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July 29, 2022

Avoid These Epic Yard Failures

Warmer weather is here, and homeowners are ready to get outdoors. Over the past decade, our yards have become an extension of our living space. But as spring and summer take over, avoid these mistakes that can derail the best of intentions and turn the yard into an epic failure.

5 Yard Design Fails Homeowners Make:

  1. Unrealistic Expectations – Expecting a picture-perfect yard at once can cause more damage than just
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