Skip To Content

Monthly Archives: December 2022

    Mortgage Rates Are Dropping. What Does That Mean for You?

    By John Freund | December 22, 2022

    Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy. Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of Realtors (NAR), explains it well... Read More

    Preparing Your Home for The Cold Front

    By John Freund | December 21, 2022

    Be sure you know where your water cutoff is located. It is important to be prepared for freezing temperatures, as frozen pipes can cause expensive and devastating damage. Make sure you have the following items on hand: pipe insulation materials, an adjustable wrench, a flexible hose clamp or two-part epoxy repair kit, a gas torch... Read More

    Planning to Retire? It Could Be Time To Make a Move.

    By John Freund | December 20, 2022

    If you’re thinking about retirement or have already retired this year, you may be planning your next steps. One of your goals could be selling your house and finding a home that more closely fits your needs. Fortunately, you may be in a better position to make a move than you realize. Here are a few things to... Read More

    You May Have More Negotiation Power When You Buy a Home Today

    By John Freund | December 19, 2022

    Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supplyhas grown. Those two factors combined mean you may see less competition from other buyers. And with... Read More

    Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

    By John Freund | December 16, 2022

    At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It... Read More

    What Every Seller Should Know About Home Prices

    By John Freund | December 15, 2022

    Home prices can and do fluctuate over time, but that doesn’t necessarily mean your house will drop in value. The price of any given home depends on the local market and its specific features, like size, condition and location. That means it’s important to take into account more than just headline news when you’re considering... Read More

    Homeownership Is an Investment in Your Future

    By John Freund | December 13, 2022

    It’s true that buying a home in the current economic climate may seem like an uncertain decision. But as long-term investments go, owning a home is still one of the best options out there. Owning your own home can be emotionally and financially rewarding, providing stability and security for you and your family. Homeownership can... Read More

    Key Advantages of Buying a Home Today

    By John Freund | December 12, 2022

    There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to advantages for buyers today. The good news is that there are still many advantages for buyers in the current housing market. For example, recent trends show a consistent increase in... Read More

    What’s Going on with Home Prices? Ask a Professional.

    By John Freund | December 9, 2022

    The National Association of Realtors (NAR) recently released its Home Price Expectation Survey which revealed that most markets will still experience home price appreciation, albeit at much lower levels than in the past few years. The survey showed a median prediction of 3.2% growth for existing single-family home prices this year, down from 5.5% in... Read More

    Prioritizing Your Wants and Needs as a Homebuyer in Today’s Market

    By John Freund | December 8, 2022

    There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind for you. That’s because those higher rates impact how much it costs to borrow money for your home loan. As you set out to make a purchase this winter, you’ll... Read More