Move Quickly Real estate traditionally slows down in the cold winter months, so fall is your last chance to sell before the slowdown. Try to list your property quickly before holiday and travel plans affect potential buyers. Photograph ASAP Professional real estate pictures are a must, especially in slower markets.… read more →
Buyers wanting to Buy Because of the COVID-19 pandemic, many sellers are waiting until the dust settles to list their home. This has created a historically low inventory for homes on the market. But the virus may have an unexpected impact on buyers. According to LendingTree, 53% of homeowners are… read more →
There are many reasons why your home might not sell. When you first put your home on the market, you are probably hopeful for a quick sale. Don’t panic if the house doesn’t sell the moment you list it. But you should be concerned if the months start flying by… read more →
Homeowners who purchase their homes before the age of 35 are better prepared for retirement at age 60, according to a new Urban Institute study. They are in a better position to build wealth because of their home. The organization surveyed adults who turned 60 or 61 between 2003 and… read more →
The chances are good that you’ve seen “reality shows” featuring BEFORE/AFTER home renovation projects. While these popular home improvement shows have made buyers more interested in fixer-upper properties, they also have the potential to create unrealistic expectations. Consider these five common myths about “fixer-upper” properties. Myth #1 — It’s Easy… read more →
Living in Colorado and working in real estate affords us the opportunity to see every type of home imaginable. We live in a location full of unique homes, suburban neighborhoods, quaint and remodeled historic dwellings, and some of the most cutting-edge modern designs on the market today. In a… read more →
Selling a home is just one of those experiences you’ve got to go through to truly understand—it’s a lot more involved, emotional, and exasperating than you might think. Before selling your home, check out these moments that will strike a chord with any seller who’s been there, done that, and lived to… read more →
Fannie Mae and Freddie Mac Baseline Limit Will Increase to $453,100 The Federal Housing Finance Agency (FHFA) announced on Tuesday, November 28th, that the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming… read more →
Buying a home can be overwhelming, but even more so when unfamiliar jargon and acronyms are thrown your way. There are over 91 total acronyms that Fannie Mae Sellers Guide references. Here are a few descriptions for common acronyms the mortgage industry has been using to help you through the… read more →
Expected increase for conforming mortgage limits. The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing Finance Agency announced Wednesday—the first such increase since 2006. The approximately 1.7 percent bump in the… read more →