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Monthly Archives: November 2022

    Why There Won’t Be a Flood of Foreclosures Coming to the Housing Market

    By Steven Padernacht | November 30, 2022

    With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the... Read More

    3 Ways You Can Use Your Home Equity

    By Steven Padernacht | November 29, 2022

    If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan has almost $300,000 in equity right now. As you... Read More

    Your House Could Be the #1 Item on a Homebuyer’s Wish List During the Holidays

    By Steven Padernacht | November 28, 2022

    Each year, homeowners planning to make a move are faced with a decision: sell their house during the holidays or wait. And others who have already listed their homes may think about removing their listings and waiting until the new year to go back on the market. The truth is many buyers want to purchase a home for the... Read More

    7 Tips for Helping Your Adult Child Buy Their First Home

    By Steven Padernacht | November 28, 2022

    Your adult child decided to buy a home and move out of your home or place they’ve been paying rent for. As a parent, you must be wondering how to help your child make it happen. In today’s economy, it has become quite normal for parents to assist their kids in their home purchase, whether... Read More

    Home Sweet Home: The Emotional Benefits of Homeownership [INFOGRAPHIC]

    By Steven Padernacht | November 25, 2022

    Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community and loved ones, and is an achievement to feel proud of. Let’s connect today to discuss... Read More

    Thank You for Your Support

    By Steven Padernacht | November 24, 2022

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    What Buyers Need To Know About the Inventory of Homes Available for Sale

    By Steven Padernacht | November 23, 2022

    If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market. If this sounds like you, here’s one key factor that could help you with your decision: there are more homes for sale today... Read More

    What Homeowners Want To Know About Selling in Today’s Market

    By Steven Padernacht | November 22, 2022

    If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com explains: “. . . while prospective home sellers may lament that... Read More

    Mortgage Rates Will Come Down, It’s Just a Matter of Time

    By Steven Padernacht | November 21, 2022

    This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for... Read More

    Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]

    By Steven Padernacht | November 18, 2022

    Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any... Read More