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Author Archives: Admin

  • Top Questions About Selling Your Home This Winter

    Top Questions About Selling Your Home This Winter

    Even though the supply of homes for sale has increased in 2022, inventory is still low overall. That means it’s still a sellers’ market. The graph below helps put the inventory growth into perspective. Using data from the National Association of Realtors (NAR), it shows just how far off we are from flipping to a buyers’ market: While buyers have regained some negotiation power as inventory has grown, you haven’t missed your window to sell. Your house could still stand out since inventory is low, especially if you list now while other sellers hold off until after the holiday rush and the start of the new year.
    Written by Admin
  • Interest Rates Deep Dive With Dave and Travis, October 2022

    Interest Rates Deep Dive With Dave and Travis, October 2022

    Now let's take a deeper look at what mortgage interest rates have done in 2022. Please keep in mind that the numbers I share are MY estimates and may vary, especially when it comes to interest rates. The first graph below shows what has happened so far in 2022 and yes, it's pretty brutal. Rates have more than doubled and I don't think they are done going up. For a 30 year fixed rate conventional mortgage the rate sits at about 7.375% right now and we started 2022 at about 3.375%!! The big question is how much higher will they go?
    Written by Admin
  • What’s Ahead for Home Prices?

    What’s Ahead for Home Prices?

    As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines in the media, you’re probably seeing a wide range of opinions calling for everything from falling home prices to ongoing appreciation. The housing market is shifting, and it’s a confusing place right now. Let’s connect so you have a trusted real estate professional to help you make confident and informed decisions about what’s happening in our market.
    Written by Admin
  • October Real Estate Market Update with Dave & Travis

    October Real Estate Market Update with Dave & Travis

    Is the real estate market crashing? Nope and I'll show you the latest trends to back that answer up. Now, have things slowed down quite a bit? For Sure! The rapid rise in interest rates has been a big concern. They sit at about 7% for a 30 year fixed rate conventional mortgage. Talking to a couple loan originator's this week they feel rates will go up a couple more times this year. Hopefully not over 8% but who knows. But homes are still selling at a good pace and there are some things we can do to help with the rates and affordability.
    Written by Admin
  • The Cost of Waiting for Mortgage Rates To Go Down

    The Cost of Waiting for Mortgage Rates To Go Down

    Basically, it is true that it costs more to buy a home today than it did last year, but the same is true for renting. This means, either way, you’re going to be paying more. The difference is, with homeownership, you’re also gaining equity over time which will help grow your net worth. The question now becomes: what makes more sense for you? Each person’s situation is unique. To make the best decision for you, let’s connect to explore your options.
    Written by Admin
  • 20 Years As A Realtor – Dave Johnson

    20 Years As A Realtor – Dave Johnson

    About 450 sales for about $95,000,000 and..I learn something new everyday it seems! Thankfully I still enjoy what this sometimes crazy business. I'm happy to be helping my son Travis learn this business and very much appreciate the love & support of my wife Karen through all the ups and downs. And I really appreciate all the unique people I get to help buy or sell real estate and the mostly great co-workers and peers I work with. Thanks!
    Written by Admin
  • Getting Your House Ready To Sell? Work with an Agent for Expert Advice

    Getting Your House Ready To Sell? Work with an Agent for Expert Advice

    In a market that’s shifting as fast as it is today, many homeowners wonder what, if anything, needs to be renovated before they sell their house. That’s where a trusted real estate professional comes in. They can help you think through today’s market conditions and how they impact what you should – and shouldn’t – do before selling your house.
    Written by Admin
  • What Sellers Need To Know in Today’s Housing Market

    What Sellers Need To Know in Today’s Housing Market

    If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market, the peak frenzy the market saw over the past two years has cooled some. If you’re asking yourself if you’ve missed your chance to sell your house and make a move, the good news is you haven’t – motivated buyers are still out there. But you do need to price your house right for today’s market. Here’s why.
    Written by Admin