The National Association of Realtors projects improving housing sales across the nation for the rest of 2019. This is due to increased inventory, lower mortgage rates, improved affordability, and strong job prospects. While home price appreciation … Continue reading...
Even one percentage point change in interest rates gives you more buying power. This chart shows we’re seeing the lowest rates over the past 12 months. Our latest blog showed that we are in a perfect market for those of you who are ready to move … Continue reading...
In the Cedar Rapids area there is currently about a two-month supply of homes valued at $400,000 or less and a 7.3-month supply of homes valued at more than $400,000. This is called a "bifurcated" market. It's a "sellers" market for lower value homes … Continue reading...
Just looking back over the homes we sold last year. It reminds me about “why”. Why do we do this real estate thing? There are other professions where you get a paycheck at the end of every week. And where at 5 pm, you walk away and don’t think about … Continue reading...
Do you know what your home is worth? Assessed property values, appraisals and online estimates cause a lot of confusion around the true value of your home. As one of the largest investments of your lifetime, it's important to have an understanding … Continue reading...
You've probably been hearing about rising interest rates. And perhaps you've heard they are affecting the real estate market.In reality the numbers tell us that home sales are still strong in our region. Activity has slowed as it always does in the … Continue reading...
Now you're ready. You thought about selling your house this year, but you had a few things to do in getting it ready. I hear this all the time. Spring was the target, but time got away from you. Don't worry. We work with buyers all year round. … Continue reading...
Based on our real estate experience and training, we've learned a lot about what helps a home sell while others seem to linger on the market. Here's a quick-read list of reasons why some homes sell faster than others. why don't some homes sell? … Continue reading...
Originally published in Keeping Current Matters - Sellers Guide - Summer 2018 Interest rates for a 30-year fixed rate mortgage have inched up to about 4.5%. This is still significantly lower than recent history. The interest rate you secure when … Continue reading...
