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Monthly Archives: March 2023

    HOMEOWNERS’ ZEAL FOR CURB APPEAL MAY PAY OFF HANDSOMELY

    By Richard Eimers | March 17, 2023

    “It’s no surprise that nearly all REALTORS® and most homeowners place a high value on the curb appeal of a well-maintained yard,” says NALP CEO Britt Wood. “Healthy outdoor living and green spaces help the environment, increase home values, make communities more desirable and improve people’s mental and physical health. Read More

    FINANCIAL STRESS PUSHES MORTGAGE RATES TO 6.6%

    By Richard Eimers | March 17, 2023

    After five weeks of increases, the average rate for a 30-year, fixed-rate mortgage fell to 6.6% from last week’s 6.73%. One year earlier it was 4.16%. Read More

    2 THINGS SELLERS NEED TO KNOW THIS SPRING

    By Richard Eimers | March 16, 2023

    BOTTOM LINE: There are still clear opportunities for sellers this spring. If you’re wondering if it’s the right time to make a move, let’s connect today. Read More

    IS THE MEDIA KEEPING BUYERS IN A STATE OF FEAR?

    By Richard Eimers | March 16, 2023

    CHICAGO – Are negative headlines about the housing slowdown giving homebuyers the jitters just as the busy spring season approaches? Homebuilders think so. Read More

    LET’S EXPLORE THE GROVE BY THE SEA, SANTA ROSA BEACH, FL

    By Richard Eimers | March 15, 2023

    THINKING ABOUT MOVING TO THE GROVE BY THE SEA, SANTA ROSA BEACH FL? LET'S EXPLORE IT! Read More

    HOW BEDROOM DESIGN CAN DELIVER BIG ROI FOR YOUR SELLERS

    By Richard Eimers | March 13, 2023

    The most luxurious part of a luxury property is often the primary suite. When agents list up-market homes, bedrooms boast a unique selling proposition that needs to be maximized during the staging process — if well-designed, they have a magnetic pull that enables buyers to picture the comfort and elegance they could soon enjoy. Read More

    FHA APPROVES 40-YEAR LOAN MODIFICATIONS

    By Richard Eimers | March 10, 2023

    The Federal Housing Administration (FHA) published a final rule in the Federal Register, Increased Forty-Year Term for Loan Modifications, that allows homeowners who default on an FHA loan to opt for a 40-year, fixed-rate loan (from 360 to 480 months) as part of a mortgage modification. Read More

    A 2023 BALANCED MARKET WILL VARY BY LOCATION

    By Richard Eimers | March 9, 2023

    As the reality of higher home prices and mortgage rates sets in, U.S. homebuyers will likely gain some leverage in 2023. But it depends on where they live. The Knock Buyer-Seller Market Index 2023 forecast finds a clear divide between the best markets for buyers versus sellers. Read More

    WHAT YOU SHOULD KNOW ABOUT RISING MORTGAGE RATES

    By Richard Eimers | March 7, 2023

    Over the last few weeks, mortgage rates have risen. But that doesn’t mean you should delay your plans to buy a home. In fact, it could mean the opposite if you want to take advantage of less buyer competition. Let’s connect today to explore the options in our local market. Read More

    IS IT REALLY BETTER TO RENT THAN TO OWN A HOME RIGHT NOW?

    By Richard Eimers | March 7, 2023

    You may have seen reports in the news recently saying it’s better to rent right now than it is to own your home. But before you let that impact your decisions, you should understand what these claims are based on. Read More