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Monthly Archives: September 2021

    As Home Equity Rises, So Does Your Wealth

    By Steven Padernacht | September 30, 2021

    Homeownership is still a crucial part of the American dream. For those people who own a home (and those looking to buy one), it’s clear that being a homeowner has considerable benefits both emotionally and financially. In addition to long-term stability, buying a home is one of the best ways to increase your net worth. This boost to your wealth comes in... Read More

    Don’t Tackle Selling Your Home on Your Own – an Agent Can Help

    By Steven Padernacht | September 29, 2021

    If you’re looking to maximize your sale and minimize your effort, you need to work with a real estate professional. In a sellers’ market like today’s, it can be tempting to list your house on your own – known as For Sale By Owner (FSBO). But the truth is, a real estate professional can save you time and money by managing... Read More

    Early October is the Sweet Spot for Buyers

    By Steven Padernacht | September 28, 2021

    Are you looking to buy a home? If so, we’ve got good news for you. While there’s no denying the housing market is having a great year, many of the headlines are focused on the perks for sellers. But what about buyers today? As a buyer, you’re likely braving bidding wars and weighing low mortgage rates versus price appreciation as you search for... Read More

    If You’re a Buyer, Is Offering Asking Price Enough?

    By Steven Padernacht | September 27, 2021

    In today’s real estate market, buyers shouldn’t shop for a home with the expectation they’ll be able to negotiate a lower sales price. In a typical housing market, buyers try to determine how much less than the asking price they can offer and still get the home. From there, the buyer and seller typically negotiate... Read More

    It’s Still a Sellers’ Market [INFOGRAPHIC]

    By Steven Padernacht | September 24, 2021

    Some Highlights Due to low supply and high demand, today is one of the strongest sellers’ markets we’ve seen. Sellers can benefit from more offers to pick from, higher home values, and a faster sales process. That might be why 73% of people believe it’s a good time to sell. Sellers, don’t miss out on this unique opportunity. Let’s connect so you can take advantage... Read More

    Two Reasons Why Waiting a Year To Buy Could Cost You

    By Steven Padernacht | September 23, 2021

    If you’re a renter with a desire to become a homeowner, or a homeowner who’s decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home. To determine if you should buy now or wait, you need to ask yourself... Read More

    Is a 20% Down Payment Really Necessary To Purchase a Home?

    By Steven Padernacht | September 22, 2021

    There’s a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle. That... Read More

    Remote Work Is Here To Stay. Can Your Home Deliver the Space You Need?

    By Steven Padernacht | September 21, 2021

    A lot has changed over the past year. For many people, the rise in remote work influenced what they’re looking for in a home and created a greater appetite for a dedicated home office. Some professionals took advantage of the situation and purchased a bigger home. Other people thought working from home would be temporary, so they chose... Read More

    Is It Time To Move on to a New Home?

    By Steven Padernacht | September 20, 2021

    If you’ve been in your home for longer than five years, you’re not alone. According to recent data from First American, homeowners are staying put much longer than historical averages (see graph below):As the graph shows, before 2008, homeowners sold their houses after an average of just five years. Today, that number has more than doubled to over 10... Read More

    Have You Ever Seen a Housing Market Like This? [INFOGRAPHIC]

    By Steven Padernacht | September 17, 2021

    Some Highlights Whether you’re buying or selling – today’s housing market has plenty of good news to go around. Buyers can take advantage of today’s mortgage rates to escape rising rents and keep monthly payments affordable. Sellers can reap the benefits of multiple offers and a fast sale. If this sounds like good news to you, let’s connect today so you can capitalize on the unique opportunity you have... Read More