Real Estate Newsletter June 2022
REAL ESTATE NEWS JUNE 2022 Brought to you by Debbie Marett GRI Realtor® Your referrals are always appreciated and treated with friendly, professional care Housing Market Still Favors Sellers–but has it Set to a Change? Ever since interest rates decreased at the beginning of the pandemic, the real estate market throughout most of the country has heavily favored sellers. […]
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Buyers regaining some control as market shifts, supply grows
BY BEN VERDE June 03, 2022 Buyers regaining some control as market shifts, supply grows: Redfin The report, released Thursday, found more than one in five sellers dropped their asking price during May 2022, the highest rate since October 2019, as mortgage rates sit at over 5% Buyers are regaining some control as the market shifts […]
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Thinking of Selling Your Home Yourself? Think Again…
Thinking of Selling Your Home Yourself? Think Again… Surveys show that many homeowners and homebuyers are not aware of the true value a REALTOR® provides during the course of a real estate transaction. The National Association of Realtors found that homes sold through the Multi-Listing Service sold 20 days faster on average, and 20% of FSBO […]
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Should Inflation Change Your Homebuying Plans?
Shared from My Home by Freddie Mac® 2/1/2022 Inflation has reached a 40-year high. What does that mean for you as you consider whether or not to buy a home in 2022? You’ve likely noticed that life grew more expensive in 2021. A combination of government aid, demand for goods and bottlenecked supply chains has increased […]
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Reasons FSBO’s Fail & Why You Need a Realtor®
February 3, 2021, By FastExpert Here is a great article why selling your home on your own (For Sale by Owner – FSBO) might not be the best option: Reasons FSBO Home Sellers Fail Not Understanding the Process Selling a house is not as easy as selling a car. It’s an extensive process that demands a lot […]
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Will Solar Add Value to Your Home When You Sell?
Slapping solar panels on the roof may save homeowners some money on their electric bill, but will it also raise their home’s value when they sell it? Many homeowners consider adding solar panels for one (or a combination) of three reasons: They’re environmentally conscious. They’re looking to save money. They think it will add value […]
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Over 10 Years, Homeowners Obtained $240K in Equity
As prices climb, homeowners who’ve owned their homes for a while have seen a boost in appreciation. Over the past decade, a homeowner who purchased a single-family existing home would have gained $229,400 in home equity if the home were sold at the median price in the fourth quarter of 2021, according to a new […]
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How HOA Laws are Changing in Texas
New Realtor® supported laws in Texas in 2021 bring more balance between property owners and their homeowner associations.
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