Today’s Housing Market Is Nothing Like 15 Years Ago

There’s no doubt today’s housing market is very different than the frenzied one from the past couple of years. In the second half of 2022, there was a dramatic shift in real estate, and it caused many people to make comparisons to the 2008 housing crisis. While there may be a few similarities, when looking at key …

Planning To Sell Your House? It’s Critical To Hire a Pro.

With higher mortgage rates and moderating buyer demand, it’s important for sellers to understand how the market has changed, and what that means for you! Working with a local, trusted Realtor is the best way to get the most out of your sale, and to make sure you’re constantly in the know. Our team keeps …

Applying For a Mortgage? Here’s What You Should Avoid Once You Do.

BETHANY BEACH HOME BUYERS: Here are some KEY THINGS to avoid once you apply for a mortgage: Don’t deposit large sums of cash! Lenders need to source your money, and cash isn’t easily traceable. Before you deposit cash into your accounts, discuss the proper way to document your transactions with your lender. Don’t make any …

Confused About What’s Going on in the Housing Market? Lean on a Professional.

If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real Estate Industry Consultant, explains: “Housing market headlines are everywhere. Many are quite sensational, ending with exclamation points or predicting impending doom for …

4 Things That Make a House a Home

What makes a house, a home?🏠 There’s no denying the long-term financial benefits of owning a home, but the current housing market may have you wondering if buying a home today, is still worth it. On top of financial benefits, buying a home also offers enormous non-financial and emotional perks, as well!  Home means something different …

What To Expect From the Housing Market in 2023

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled – something that’s never happened before in a calendar year. This …

You May Have More Negotiation Power When You Buy a Home Today

Did the frequency and intensity of bidding wars over the past two years make you put your home search on hold? If so, you should know the hyper competitive market has cooled this year as buyer demand has moderated and housing supply has grown. Those two factors combined mean you may see less competition from other buyers. And with …

Ready To Sell? Today’s Housing Supply Gives You Two Opportunities.

At first glance, the increase in housing supply compared to last year may not sound like good news for prospective sellers, but it actually gives you two key opportunities in today’s housing market. An article from Calculated Risk helps put the inventory gains the market has seen in 2022 into perspective by comparing it to recent years (see graph below). It …

What Every Seller Should Know About Home Prices

If you’re trying to decide whether or not to sell your house, recent headlines about home prices may be top of mind. And if those stories have you wondering what that means for your home’s value, here’s what you really need to know. What’s Really Happening with Home Prices? It’s possible you’ve seen news stories mentioning …

CONS of FSBO

Cons of FOR SALE BY OWNER! Statistically FSBO’s sell for less…according to a National Association of Realtors study the median sale price for a FSBO was $58,000 less than an agent assisted sale! FSBO often takes a lot of time to sell. The average home sits on the market for 45 days before the sellers …