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Showing posts from August, 2021

What clients really want from real estate market

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Are you providing virtual tours, floor plans, and interactive maps to your home-buying clients?  If not, you may want to brush up on these tools as this is what modern home buyers expect to see, and what will help you stand out. Read on for more insights from the recent NAR Generational Trend survey. Fascinating information in the NAR’s Home Buyers and Sellers Generational Trends survey containing many insights to better understand market demographics. We pulled what we thought helpful to share, and you can link to the full report here: “Sixty-two percent of recent buyers were married couples, 18 percent were single females, nine percent were single males, and nine percent were unmarried couples. The highest percentage of single female buyers was in the 66 to 74 age group at 22 percent. The highest share of unmarried couples were in the 22 to 30 age group at 20 percent.” (Less than 1% read books or guides about home buying process, regardless of age. However-those ages 22-30 looked...

Options for First-Time Homebuyers

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With the summer coming to an end-it is time to jumpstart your home search! Be sure to speak with us first to determine what you can afford, and to get pre-approved (a pre-approval older than 90 days will need to be updated). We are here to answer all your questions. Some Highlights With a housing market this competitive, sometimes you have to think outside the box. Work with your trusted real estate advisors to do things like assess your budget, expand your search radius, look into other options, and determine your true needs. If you’re having trouble finding your first home and want to know about First Time Home Buyers Guide , let’s connect to explore your options. It’s out there!

More on Tech Security…

We know we all must be vigilant when it comes to our online data security, and even more so when it comes to wire transfers during a mortgage closing. As this continues to be an issue, we are sharing recommendations from MAR to ensure the secure transfer of funds at closing. Please pass along to your clients. Never wire funds without independently verifying all information; Verify contact information shared within an email is legitimate – do not call the phone number contained within the email; Only send personal information (SSN, account numbers, etc.) through a securely encrypted email or personal delivery to the intended recipient; Be cautious of any links contained in emails, and Use strong passwords and secure WIFI. Scammers are incredibly clever, making detection of fraud increasingly difficult. Wire fraud often occurs through an email hack where the email used is extremely close to the email address they are impersonating, sometimes only changing one letter or number, or switchi...

Key Questions To Ask Yourself Before Buying a Home

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 Before you decide whether you’re ready to buy a home, you should know how to answer the three key questions, below. We can answer all your mortgage related questions and get you pre-approved. Whether you are ready to buy now, or 6 months from now, let’s start planning. Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best decision. What’s Going on with Home Prices? Home prices are one factor that directly impacts how much it will cost to buy a home and how much you stand to gain as a homeowner when prices appreciate. The graph below shows just how much experts are forecasting prices to rise this year: Continued price appreciation is great news for existing homeowners but can pose a significant challenge if you wait to buy. Using these forecasts, you can determine just how much wait...