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What's Your Home Worth

5 Tips for Making Your Best Offer on a Home

December 3, 2021 By Tom Johnson

As a buyer in a sellers’ market, sometimes it can feel like you’re stuck between a rock and a hard place. When you’re ready to make an offer on a home, remember these five easy tips to help you rise above the competition. 1. Know Your Budget Knowing your budget and what you can afford… [Read More]

Filed Under: Home Buying, Market Information Tagged With: Writing Winning Offers

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

November 23, 2021 By Tom Johnson

There are a lot of questions right now regarding the real estate market as we head into 2022. The forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that… [Read More]

Filed Under: Market Information

Why a Wave of Foreclosures Is Not on the Way

October 30, 2021 By Tom Johnson

With forbearance plans coming to an end, many are concerned the housing market will experience a wave of foreclosures similar to what happened after the housing bubble 15 years ago. Here are a few reasons why that won’t happen. There are fewer homeowners in trouble this time After the last housing crash, about 9.3 million… [Read More]

Filed Under: Market Information Tagged With: Foreclosure

What To Expect as Appraisal Gaps Grow

July 11, 2021 By Tom Johnson

In today’s real estate market, low inventory and high demand are driving up home prices. As many as 54% of homes are getting offers over the listing price, based on the latest Realtors Confidence Index from the National Association of Realtors (NAR). Shawn Telford, Chief Appraiser at CoreLogic, elaborates: “The frequency of buyers being willing… [Read More]

Filed Under: Market Information, Money Matters Tagged With: Appraisal Gap

Don’t Forget to Budget for Closing Costs

April 27, 2021 By Tom Johnson

When buying a home, it’s important to have a budget and make sure you plan ahead for certain homebuying expenses. Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According… [Read More]

Filed Under: Home Buying, Market Information, Money Matters Tagged With: Budgeting, Closing Costs

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