Homeowners are often excited by recent real estate transactions in their neighborhoods. When a neighbor's house sells, it can be a reflection of the value of your home. So, of course, sellers are aiming for those large profits in a sellers' market! Some homeowners decide to shoot for the stars in hopes that the out-of-town big-city buyer is [...]
Think of a buyer's agent as your resource. They will research the market for you and keep you updated on all the market changes, new listings, price reductions, etc. As an agent, they have seen many of the homes on the market and can narrow the search down quickly to just the homes that meet your needs and priorities. A buyer's agent will walk you through the search, assist with negotiations, help you obtain financing, meet deadlines, and be beside you the entire time.
A healthy credit score is one of the most important financial tools. Suppose you're considering purchasing a home or even moving to a new rental. In that case, someone else will look at your credit [...]
Yes, but there are early indications of a shift in favor of buyers. June numbers are not available yet, but the May numbers show a slight change in our local and national real estate markets. According to the Berkshire Board of Realtors, the median home sale price in Berkshire County declined by $30,000 in May compared to April of 2022, and [...]
How Do Changes in Interest Rates Affect Home Buyers and Sellers?
On June 15, 2022, The Federal Reserve raised short-term interest rates by 0.75%. The federal interest rate now ranges from 1.5% to 1.75%. This rate represents the cost banks pay to borrow money from each other. If banks pay more to borrow money, they must charge more to [...]
Over my 25 years in real estate, I have seen firsthand how emotions can influence the home selling process. Too often selling a home is an unintended consequence of something else, like divorce, financial difficulties, [...]
If you are considering selling your home, a quick tune-up could help you get thousands more. The trick is to maximize your return on investment without breaking the bank. So, what can you do right away to get the most bang for your [...]