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Showing posts with the label Realtor

Is today's market good enough to buy a home in 2025?

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At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.” That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you may be holding out for prices to fall or trying to time the market for that perfect rate. But here’s the truth: waiting for the right moment could cost you in the long run. Home Prices Are Still Rising – Just at a More Normal Pace The idea that prices will drop dramatically is wishful thinking in most markets. According to the Home Price Expectations Survey from Fannie Mae, industry analysts are saying prices are projected to keep rising through at least 2029. While we’re no longer seeing the steep spikes of previous years, experts project a steady and sustainable increase of around 3-4% per year, nationally. And the good news is, this is a much more normal pace – a welcome sign for hopeful buyers (see graph below) ...

6 Questions to Ask Before Hiring a Real Estate Agent

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Buying or selling a home is an investment in your financial future. Making sure you have the right real estate agent to meet your needs will help your transaction run smoothly and get you the outcome you desire whether it’s selling your home at a certain price point or buying your dream home. Here are six great questions to ask before hiring a real estate agent:       1.   Are you a full-time agent? You might like Aunt Sally’s friend’s daughter but if she does real estate part-time, you might not get the level of customer service you desire and deserve. I recommend working with a full-time agent who can dedicate more time and effort to your transaction. (Yes, I am a full-time real estate agent. If I am not buying or selling homes, I am not making money)       2.   Are you a member of the National Association of Realtors? REALTORS® must abide by the NAR Code of Ethics and state regulations. They must also complete continuing education. (...