Uncategorized What If I Wait A Year to Buy a Home? National home prices have increased by 5.4% since this time last year. Over that same time period, interest rates have remained near historic lows which has allowed many buyers to enter the market and lock in low rates. As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. […]
Uncategorized Homeowners Aged 65+ Have 48x More Net Worth Than Renters Homeowners Aged 65+ Have 48x More Net Worth Than Renters Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since […]
Uncategorized Further Proof It’s NOT 2008 All Over Again Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market. However, some are seeing these adjustments as red flags and are suggesting that we are headed back to the same challenges we experienced […]
Uncategorized 24% of Renters Believe Winter is the Best Time to Buy a Home 24% of Renters Believe Winter is the Best Time to Buy a Home In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter […]
Uncategorized The #1 Reason to Not Wait Until Spring to Sell Your House Many sellers believe that spring is the best time to place their homes on the market because buyer demand traditionally increases at that time of year, but what they don’t realize is that if every homeowner believes the same thing, then that is when they will have the most competition! The #1 Reason to List […]
Uncategorized Are Homeowners Renovating to Sell or to Stay? Over the past few years, two trends have emerged in the housing market: Home renovations have shot up Inventory of homes available for sale on the market has dropped A ‘normal’ housing market is defined by having a 6-month supply of homes for sale. According to the latest Existing Home Sales Report from the National Association of Realtors, […]
Uncategorized How Will Home Sales Measure Up Next Year? There are many questions about where home sales are headed next year. We have gathered the most reliable sources to help answer this question. Here are our sources: Mortgage Bankers Association (MBA) – As the leading advocate for the real estate finance industry, the MBA enables members to successfully deliver fair, sustainable, and responsible real estate […]
Uncategorized November American Lifestyle Issue Hello Everyone! My Digital edition of American Lifestyle magazine is out for the month of November! Check it out below… http://digital.remindermedia.com/diane-terry/issue-92-vol-2/1/
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Uncategorized Where are Home Values Headed over the Next Few Years? There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sources to help answer these questions: The Home Price Expectation Survey – A survey of over 100 market analysts, real estate experts, and […]
Uncategorized 20 Tips for Preparing Your House for Sale This Fall Some Highlights: When listing your house for sale, your top goal will be to get the home sold for the best price possible! There are many small projects that you can do to ensure this happens! Let’s get together to discuss a list of specific suggestions for getting your house ready for market & potential […]
Uncategorized Fall Guide to Buying a Home The process of buying a home can be overwhelming at times, but you don’t need to go through it alone. This free eGuide will answer many of your questions and likely bring up a few things you didn’t even know you should consider when buying a home! CLICK HERE
Uncategorized Baby Boomers are Downsizing, Are You Ready to Move? For a while now baby boomers have been blamed for a portion of the housing market’s current lack of housing inventory, but should they really be getting the blame? Here’s what some of the experts have to say on the subject: Aaron Terrazas, Senior Economist at Zillow, says that “Boomers are healthier and working longer than […]
Uncategorized SANDWICHED BETWEEN ELDERLY PARENTS AND GROWING KIDS? 6 WAYS TO STRETCH YOUR DOLLAR Have to pay for both an aging parent and a growing kid at the same time? If you do, you’re probably part of the sandwich generation. Don’t worry, we’re with you. It’s hard to imagine having to take care of your parents — and your kids — until it becomes a reality. A lot of us don’t […]
Uncategorized Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising, however, is that 78% of recent homebuyers sacrificed […]
Uncategorized 11 Insider Secrets From Real Estate Agents Answers to the questions you’ve been too afraid to ask. Whether you’re casually browsing or currently trapped in the midst of a bidding war, no matter what stage of the home-buying or home-selling process you’re in, there will always be things you wished you had known beforehand. For any homeowner, the post-stress of buying or […]
Uncategorized Five Expert Downsizing Tips The real estate pros at Town & Shore on how to find (and fit your stuff into) the right place for your next chapter All moves are overwhelming. But downsizing can be especially challenging, as it often accompanies a major life change. Whether you’re simplifying, retiring, facing a freshly emptied nest, or making a move […]
Uncategorized Mortgage Interest Rates are Still Going Up… Should You Wait to Buy? Mortgage interest rates, as reported by Freddie Mac, have increased by close to a quarter of a percent over the last several weeks. Freddie Mac, Fannie Mae, the Mortgage Bankers Association, and the National Association of Realtors are all calling for mortgage rates to rise another quarter of a percent by next year. In addition to the predictions from the four major reporting agencies mentioned […]
Uncategorized October Magazine! October is here! Check out my latest issue of American Lifestyle at the link below: http://digital.remindermedia.com/diane-terry/issue-92-vol-1/1/    
Uncategorized 6 Solid Downsizing Tips from Tiny Home Dwellers When going from a 2,200-square-foot traditional home to a 300-square-foot renovated RV, my family and I ended up getting rid of 80 percent of our belongings. Downsizing is an experience that I recommend to anyone—no matter the size of your home. While living in a tiny vehicle might not be for everyone, I believe that getting rid […]
Uncategorized How to Have Difficult Conversations With Your Aging Parents How to Have Difficult Conversations With Your Aging Parents