Our Blog
Calling All Sellers!
Why does the market sway between a buyer’s market and a seller’s market? The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS® (NAR) surveys “over 50,000 real estate …
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Want to Buy or Sell a Home? Now is the Time!
2016 was the year of low mortgage rate and also low inventory. The average for the 30-year fixed-rate mortgage was 3.65% which is the lowest annual average ever recorded by Freddie Mac going back to 1971. Since then mortgage rates …
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Where Are All of the First Time Buyers?
Many first-time home buyers are Millennials, but we are seeing a large part of this generation hesitating to make the leap into homeownership. Which begs the question, why the hesitation? Recent surveys have uncovered that potential buyers believe that you …
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State of the Market – January 2017
A letter from Joseph A. Horning, President of Shorewest, REALTORS® The beginning of the year is a time to pause and reflect on the success of the 2016 market and look forward to the continued growth of 2017. According to …
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County-by-County Real Estate Data, January 2017
Learn what’s happening in your market area by clicking on your county link. You’ll find helpful information, including a year-to-year and quarterly comparisons of new listings, closed sales, median sales price, active listings and months of inventory. Jump to: Brown …
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Resource Video: Buyer Edition
What is a Mortgage Gift Letter? Saving enough money to use as a down payment to purchase a home is no easy task, especially if you are buying for the first time. Most lenders allow gifted funds to be used …
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2019: Five Real Estate Resolutions that Stick
So we are just getting into the first month of the New Year! How are your resolutions coming along? Some of them may be sticking and some might be done already. Here are some real estate resolutions not to give up on! …
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Resource Video: Buyer and Seller Edition
What are Title Issues? As part of the lending process, a title search is typically required as well as a title insurance policy. This is done to protect buyers and lenders from anything that could prevent the titleholder from selling …
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Serious About Buying a Home? Get Pre-Approved!
Right now we are in the midst of a serious sellers market. What this entails is that there are more buyers in the market than homes available to buy.Freddie Mac explains the advantages of pre-approval on their website, “It’s highly …
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Resource Video: Buyer and Seller Edition
What are Real Estate Escape Clauses? Most real estate contracts contain contingency clauses that allow the buyer or seller to end the transaction without a penalty if certain conditions cannot be met. These are commonly referred to as “escape clauses.” …
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