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Monthly Archives: June 2024

    Why a Vacation Home Is the Ultimate Summer Upgrade

    By Steven Padernacht | June 28, 2024

    Summer is officially here and that means it’s the perfect time to start planning where you want to vacation and unwind this season. If you’re excited about getting away and having some fun in the sun, it might make sense to consider if owning your own vacation home is right for you. An Ameriprise Financial survey sheds light on... Read More

    The Difference Between an Inspection and an Appraisal

    By Steven Padernacht | June 27, 2024

    When you decide to buy your first home, you may come across a number of terms and conditions you’re not familiar with. While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer... Read More

    Focus on Time in the Market, Not Timing the Market

    By Steven Padernacht | June 26, 2024

    Should you buy a home now or should you wait? That’s a big question on many people’s minds today. And while what timing is right for you will depend on a lot of other personal factors, here’s something you may not have considered. If you’re able to buy at today’s rates and prices, it may be better to focus on time in... Read More

    How Long Will It Take To Sell My House?

    By Steven Padernacht | June 25, 2024

    You want your house to sell fast. And you may be wondering how long the whole process is going to take. One way to get your answer? Work with a local real estate agent. They have the expertise to tell you how quickly homes are selling in your area and what’s impacting timelines for other sellers. That way you have realistic... Read More

    Housing Market Forecast: What’s Ahead for the 2nd Half of 2024

    By Steven Padernacht | June 24, 2024

    As we move into the second half of 2024, here’s what experts say you should expect for home prices, mortgage rates, and home sales. Home Prices Are Expected To Climb Moderately Home prices are forecasted to rise at a more normal pace. The graph below shows the latest forecasts from seven of the most trusted sources in the industry:... Read More

    What You Need To Know About Today’s Down Payment Programs

    By Steven Padernacht | June 21, 2024

    There’s no denying it’s gotten more challenging to buy a home, especially with today’s mortgage rates and home price appreciation. And that may be one of the big reasons you’re eager to look into grants and assistance programs to see if there’s anything you qualify for that can help. But unfortunately, many homebuyers feel like they don’t know where to start.  A... Read More

    A Homeowner’s Guide to Choosing the Right Moving Company

    By Steven Padernacht | June 19, 2024

    A Homeowner’s Guide to Choosing the Right Moving Company Buying a new home and relocating can be both exciting and overwhelming. Choosing the right moving company is one of the most critical decisions you will face during this transition. This choice can greatly influence the ease and success of your move. Thus, we will provide unique... Read More

    Worried About Mortgage Rates? Control the Controllables

    By Steven Padernacht | June 18, 2024

    Chances are you’re hearing a lot about mortgage rates right now. You may even see some headlines talking about last week’s Federal Reserve (the Fed) meeting and what it means for rates. But the Fed doesn’t determine mortgage rates, even if the headlines make it sound like they do. The truth is, mortgage rates are impacted by a lot of factors: geo-political... Read More

    Homebuilders Aren’t Overbuilding, They’re Catching Up

    By Steven Padernacht | June 14, 2024

    You may have heard that there are more brand-new homes available right now than the norm. Today, about one in three homes on the market are newly built. And if you’re wondering what that means for the housing market and for your own move, here’s what you need to know. Why This Isn’t Like 2008 People remember what happened to... Read More

    Home Prices Aren’t Declining, But Headlines Might Make You Think They Are

    By Steven Padernacht | June 13, 2024

    If you’ve seen the news lately about home sellers slashing prices, it’s a great example of how headlines do more to terrify than clarify. Here’s what’s really happening with prices. The bottom line is home prices are higher than they were a year ago at this time, and they’re expected to keep rising, just at a slower... Read More