• The One Thing Every Homeowner Needs To Know About a Recession

    The One Thing Every Homeowner Needs To Know About a Recession,thepeoplesrealtor-chime-me

    A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know. Everywhere you look, experts are warning we could be heading toward a recession, and if true, an economic slowdown doesn’t mean homes will lose value. The National Bureau of Economic Research 

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  • How Homeownership Can Bring You Joy

    How Homeownership Can Bring You Joy,thepeoplesrealtor-chime-me

    If you’re trying to decide whether to rent or buy a home, you’re probably weighing a few different factors. The financial benefits of homeownership might be one of the reasons you want to make a purchase if you’re a renter, but the decision can also be motivated by having a place that’s uniquely you

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  • Why Rising Mortgage Rates Push Buyers off the Fence

    Why Rising Mortgage Rates Push Buyers off the Fence,thepeoplesrealtor-chime-me

    If you’re thinking about buying a home, you’ve probably heard mortgage rates are rising and have wondered what that means for you. Since mortgage rates have increased over two percentage points this year, it’s natural to think about how this will impact your homeownership plans. Today, buyers are re

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  • If You’re a Homeowner, You Have Incredible Leverage When You Sell Today

    If You’re a Homeowner, You Have Incredible Leverage When You Sell Today,thepeoplesrealtor-chime-me

    In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation. That’s because there’s a limited number of homes for sale, which is creating competition among buyers. Right now, homebuyers want three things: To be the winnin

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  • Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC]

    Should You Update Your House Before Selling? Ask a Real Estate Professional. [INFOGRAPHIC],thepeoplesrealtor-chime-me

    Some Highlights If you’re deciding whether you should make updates before you sell your house, lean on your trusted real estate advisor to be your guide. In today’s sellers’ market, buyers have limited options and may be more willing to take on repairs themselves. If you’re thinking about selling yo

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  • What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market

    What You Actually Need To Know About the Number of Foreclosures in Today’s Housing Market,thepeoplesrealtor-chime-me

    While you may have seen recent stories about the volume of foreclosures today, context is important. During the pandemic, many homeowners were able to pause their mortgage payments using the forbearance program. The goal was to help homeowners financially during the uncertainty created by the health

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  • Are There More Homes Coming to the Market?

    Are There More Homes Coming to the Market?,thepeoplesrealtor-chime-me

    According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today. If you’re looking to buy a home, you may hav

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  • Will Home Prices Fall This Year? Here’s What Experts Say.

    Will Home Prices Fall This Year? Here’s What Experts Say.,thepeoplesrealtor-chime-me

    Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts say they’re headed, and how this impacts your homeownership goals. What’s

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  • How Today’s Mortgage Rates Impact Your Home Purchase

    How Today’s Mortgage Rates Impact Your Home Purchase,thepeoplesrealtor-chime-me

    If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach. Mortgage rates directly impact the monthly payment you’ll have on the home

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  • 2022 Housing Market Forecast [INFOGRAPHIC]

    2022 Housing Market Forecast [INFOGRAPHIC],thepeoplesrealtor-chime-me

    Some Highlights What does the rest of the year hold for the housing market? Here’s what experts have to say about what lies ahead. Home prices are projected to rise and so are mortgage rates. Experts are also forecasting another strong year for home sales as people move to meet their changing needs.

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  • Three Tips for First-Time Homebuyers

    Three Tips for First-Time Homebuyers,thepeoplesrealtor-chime-me

    Buying your first home is a major decision and an exciting milestone. Even though it can feel daunting at times, it has the power to change your life for the better. If you’re looking to purchase your first home, you may be wondering what’s happening in the housing market today, how much you need to

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  • Your House Could Be Closer to List-Ready Than You Think

    Your House Could Be Closer to List-Ready Than You Think,thepeoplesrealtor-chime-me

    One of the biggest concerns for a homeowner looking to sell is the time they’ll have to put in before listing their house. If that’s the case for you, you should know – your home might be closer to list-ready than you think in today’s housing market. A survey of recent sellers from realtor.com finds

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  • Things That Could Help You Win a Bidding War on a Home

    Things That Could Help You Win a Bidding War on a Home,thepeoplesrealtor-chime-me

    With a limited number of homes for sale today and so many buyers looking to make a purchase before mortgage rates rise further, bidding wars are common. According to the latest report from the National Association of Realtors (NAR), nationwide, homes are getting an average of 4.8 offers per sale. He

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  • Today’s Home Price Appreciation Is Great News for Existing Homeowners

    Today’s Home Price Appreciation Is Great News for Existing Homeowners,thepeoplesrealtor-chime-me

    If you’re planning to sell your home this season, rising prices are great news for you. But it’s important to understand why prices are rising to begin with. One major factor is supply and demand. In any industry, when there are more buyers for an item than there are of that item available, prices n

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  • Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC]

    Give Your Curb Appeal a Boost Before You Sell [INFOGRAPHIC],thepeoplesrealtor-chime-me

    Some Highlights If you’re thinking about selling your house this season, focusing on a few quick and easy updates outside can help your home look its best. 78% of real estate agents polled say poor landscaping affects property values. As a seller, that means your yard could impact your bottom line.

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  • What You Need To Know About Selling in a Sellers’ Market

    What You Need To Know About Selling in a Sellers’ Market,thepeoplesrealtor-chime-me

    Even if you haven’t been following real estate news, you’ve likely heard about the current sellers’ market. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re thinking about listing your house, you probably want to know

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  • The Dream of Homeownership Is Worth the Effort

    The Dream of Homeownership Is Worth the Effort,thepeoplesrealtor-chime-me

    If you’re in the market to buy a home this season, stick with it. Homebuyers face challenges in any market, and today’s is no exception. But if you persevere, your decision to purchase a home will be worth the effort in the end. In fact, a recent survey from Bankrate shows homeownership is so powerf

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  • How Homeownership Can Help Shield You from Inflation

    How Homeownership Can Help Shield You from Inflation,thepeoplesrealtor-chime-me

    If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs can put a pinch on your wallet and make you re-evaluate any big purchases

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  • Is It Enough To Offer Asking Price in Today’s Housing Market?

    Is It Enough To Offer Asking Price in Today’s Housing Market?,thepeoplesrealtor-chime-me

    If you’re planning to buy a home this season, you’re probably thinking about what you’ll need to do to get your offer accepted. In previous years, it was common for buyers to try and determine how much less than the asking price they could offer to still get the home. The buyer and seller would then

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  • Myths About Today’s Housing Market [INFOGRAPHIC]

    Myths About Today’s Housing Market [INFOGRAPHIC],thepeoplesrealtor-chime-me

    Some Highlights If you’re planning to buy or sell a home today, it’s important to be aware of common misconceptions. Whether it’s timing your purchase as a buyer based on home prices and mortgage rates or knowing what to upgrade or repair before listing your house as a seller, it takes a professiona

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