One of the unexpected outcomes of the recent bank failures making headline news these past few days is there has been a “flight to safety” which for now, has had a positive impact on mortgage interest rates. Here’s what has unfolded so far. The difference a week makes Banking clients had been quite happy the beginning of last week with their favorite local lenders (otherwise known as regional banks) until word got out that maybe they weren’t as liquid in …
Month: March 2023
Buyers are always motivated by personal preferences, lifestyles, and budgets when they’re house hunting but there are a handful of features with one in particular that just about everyone wants. Here’s a rundown of what buyers tend to prioritize, including the number one feature buyers look for in a new home. What Buyers Look for in a New Home Location, location, location. It’s a famous adage for a reason! The location of a home is often one of the most …
One thing I find annoying in the extreme is click-bait headlines along the lines of: “123 Main Street Sold for 10%….15%…20% OVER list!” That is one of the least valuable stats any potential buyer or seller could read and does the watcher of real estate an incredible disservice. But before we dive into how you should treat a headline like that, there are few facts worth acknowledging. One, I am not taking anything away from the hard work of a listing agent’s …
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