Typically, your home is the largest financial investment you will ever make. Over a period of years we expect a decreasing mortgage balance and a probable increase in property value, which leads to an increasing amount of home equity. While homeowners recognize the need to keep the home in good condition, one way to maximize …
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Is Your Listing Being Avoided By Buyers?
Over the past year, it may seem as though home listings have all been selling right away, but as interest rates rise and the market slows down, aging listing are going to become a bigger problem. Long listings that are on more days than an areas’s typical Days On Market (DOM) and create stereotypes that …
Short-Term vs Long-Term Rentals
Over the past few years, there has been a lot of excitement about owning a short-term vacation rental as part of an investment portfolio. This marks a dramatic change from the traditional long-term rental model which so many investors have worked to establish over time. Most investment in single-family rental homes, apartment buildings, or hotel …
Homebuyer Compromise
Many homebuyers are struggling to find affordable housing. This is true across our region in both urban markets and with lake homes. Unlike recent years when inventory was high, interest rates were low, and finding a great home was easier, now buyers are faced with either postponing homeownership or making compromises. It may feel hard …
Thinking About Refinancing?
Turn on any radio station or watch TV in the evening and you’ll be bombarded with commercials offering incredibly low interest rates to refinance your home. These rates may sound enticing, and you may be wondering if it’s time to refinance your home loan. Mortgage rates are on the rise this fall after nearly a …
Considering a Distressed Property?
Often times homebuyers are looking for that “great deal” or “special bargain” on their next home. The old saying, “buy the worst home on the best street,” insinuates that buying a “fixer-upper” home can be a great investment. Others are constantly waiting for a “great investment” or a “wave of foreclosures” so they can swoop …
