Vahn Alexander’s Post

Thinking of selling your house? Consider listing it before the new year for several advantages. With fewer homeowners likely to list during the holidays, you can get ahead of the competition. The current low supply of homes on the market means eager buyers are still actively looking. Selling during the winter can attract serious buyers, increasing the chances of a quicker sale. Additionally, homeowners today have substantial equity, which can be used for a down payment on a new home. Connect with me to explore these benefits and achieve your moving goals before winter arrives. We could have you in a new home for the holidays! #katiesellsatlanta #holidays #homesellers #homebuyers #housingmarket #realestate #equity

🏡 **Thinking About Selling Your House? Here Are Answers to Your Top Questions!** 🏡 In today's housing market, mortgage rates are a hot topic, and you might be wondering if it's the right time to sell. Here are three key questions you might have and some insights to help you decide. 💭 1⃣ **Should I Wait To Sell?** If you're waiting for mortgage rates to drop, remember, many others are too! 📉 When rates go down, more buyers and sellers will jump in, increasing competition. As Bright MLS puts it: “Even a modest drop in rates will bring both more buyers and more sellers into the market.” 🏠 Don't wait too long and risk higher prices and multiple-offer scenarios. 2⃣ **Are Buyers Still Out There?** Yes! 📊 Despite higher rates and prices, buyers are still active. The ShowingTime Showing Index shows buyer activity over the past seven years. While demand has dipped since the 'unicorn' years, it's still higher compared to the last normal years (2018-2019). 🗓 There's still a strong market for your house! 3⃣ **Can I Afford To Buy My Next Home?** Worried about affording your next home with today's rates and prices? 🤔 You might have more equity in your current home than you think. Homeowners have gained record amounts of equity recently, and this can make a big difference when buying your next home. You might even be able to buy with all cash! 💵 As Jessica Lautz from NAR says: “Those who have earned housing equity through home price appreciation are the current winners in today's housing market.” **Bottom Line:** If these questions have been holding you back, you're not alone. A recent Realtor.com survey shows over 85% of potential sellers have been considering selling for over a year. 🕒 However, 79% of those who recently sold wish they’d done it sooner. ⏳ Ready to talk more about selling your home? Let's connect! 📞 READ MORE HERE: https://bit.ly/4axW94k #HomeSelling #RealEstate #MortgageRates #HousingMarket #SellYourHouse #HomeEquity #RealEstateTips #HomeBuyers #MoveUp #HousingMarket2024 #SValleyRE #AlstonHomes 📝 *Selling your house in 2024? Get the insights you need to make the best decision for your future. Reach out today!* READ MORE HERE: https://bit.ly/4axW94k

If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why. While home price growth is moderating and mortgage rates have been coming down in recent weeks, affordability is still tight. At the same time, there’s a limited number of homes for sale right now, and that means ongoing competition among hopeful buyers. But, if you’re strategic, there are ways to navigate these waters – and pre-approval is the game changer. 👉 Click Here: https://lnkd.in/g6xdnN3e Unlock Your Dream Home 🏡 with Heidi Spielman Dream Homes Team! 🗝️ Let Us Turn Your Vision into Reality. 👉 Call, 📱 text or 📧 email Heidi Spielman Dream Homes Team Today.....start packing 📞 480-414-8902 or heidi@heididreamhomes.com 👉 FB Page: https://lnkd.in/eRdMMPuK 👉 Instagram Page: https://lnkd.in/gdrFUM75 👉 Website: www.heididreamhomes.com #homeselling #yourhomesoldguaranteed #realestatebusiness #HeidiSpielman #HomeSoldGuaranteed #DreamHomesTeam #realtorsnearme #phoenix #AZ #arizona #heidihasthebuyers #realestate #realtor #realestateagent #realtorlife #house #realestateinvesting #realestateinvestor #investmentproperty #topagent #topteam #trending #viral #Numberones #HomeSweetHome #RealtorLife #DreamHomeJourney

If you’ve had these three questions on your mind and they’ve been holding you back from selling, hopefully, it helps to have this information now. A recent survey from Realtor.com found more than 85% of potential sellers have been considering selling for over a year. That means there are a number of sellers like you who are on the fence. But that same survey also talked to sellers who recently decided to take the plunge and list. And 79% of those recent sellers wish they’d sold sooner. If you want to talk more about any of these questions or need more information, contact me. #ladyangelatooks #RealEstateAgent #Arlington #Virginia #realestatetips #luxuryagent #listingagent #buyeragent #kwmetrocenter #realtor #SellYourHome #homebuying #realestatemarket #homeownership #houserental #homesforsale #mortgagerates #firsttimehomebuyers #DreamHome #RealEstateListing #NewlyBuiltHomes #RealEstateExperts

Over the past month, we've noticed a slight increase in property offers in Montgomery County, Maryland and the DC Metro area. While the decline in mortgage rates to the 6.5% – 6.75% range has certainly played a role, the ongoing challenge remains the limited inventory. (I'll let you know how this past week's mortgage rate increase affects data) For potential buyers, collaborating closely with your agent is essential in this competitive landscape. It's commonly assumed that homes lingering on the market for a few months lack competition. However, we've frequently debunked this notion; many homes, initially listed for 60+ days, suddenly attract interest from one or two prospective buyers. The reason is straightforward—many buyers embark on their home-buying journey simultaneously, especially in the dynamic and transient DC Metro area. Life journeys are always beginning for someone else. To secure properties in sought-after neighborhoods, be prepared for even more immediate competition. Deciding on the optimal price point where you won't compete is crucial. Let's discuss and strategize on this. Another effective strategy I've employed is acquiring a property essentially before or immediately after it hits the market. Remarkably, every property in these cases has appraised. Analyzing the numbers and uncovering what matters most to sellers is pivotal. Yes, the bottom line number is almost always number one, but not always. And you'd be surprised how often I get help with that "bottom line number" when we speak to another factor that's almost as important to the home seller. Sometime it's a post settlement rent back for a few months -- with the assurance this can be flexible for them with just a few weeks notice. Recently, we had a seller that was building a new home. When negotiating, I mentioned from experience how the builder finish date would likely change and giving them a flexible move out was the deciding factor. So really probing and understanding the other side will always help you when buying a home. Yes, the price is King, but another factor might be the Queen -- and the Queen may end up calling the shots. #realestate #homebuying #homebuyingtips #homeselling #homesellingtips

Guess what, folks? 🎉 The buzz is real – INTEREST RATES ARE DOWN! 🏡✨ Now, let's dive into the November 2023 real estate shenanigans 👇🏽 . 🏡 Austin's median home price did the limbo and dropped by 8.4% to $424,450, shouting, 'Lower price points, come on down!' 🕺 Despite some mortgage rate acrobatics, residential home sales in the MSA did a little dance, rising by 0.2% to 2,065. 💃 With a 5.7% drop in sales dollar volume to $1,117,612,190, homes spent an average of 75 days on the market – that's 18 days more than the house party in 2022 – and inventory hit 3.7 months. . New listings popped up like confetti, rising by 11.6% to 2,676, and active listings decided to join the party, increasing by 7.2% to 9,334. Pending listings were fashionably late but made a grand entrance, rising by 9.2% to 2,065. 🎊 Elevated mortgage rates tried to rain on the parade, contributing to the decline in home prices. Fear not, though – with rates getting their groove back, buyers' purchasing power is expected to be the life of the party in 2024! 🕺💸 . The Austin City Council decided to drop their own beats by passing Phase I of the Home Options for Middle-income Empowerment initiative. 🏡✨ This move aims to sprinkle some magic on homeownership and rental options. Increased listings are like the cherry on top – more choices and less market squeeze! 🍒📈

Overview: The amount of money a homebuyer puts down to purchase a home hit a historic high at the end of 2023, but that sum is finally falling. This might be good news for buyers hoping to hit the spring market, as saving up for a sizable down payment can be a major hurdle for many Americans. #downpayment #homeaffordability #homeattainability #springsellingseason #buyingahome #homesales #homebuyers #homepurchase #homebuilding #homebuilders #newhomeconstruction #residentialconstruction #newhomes #newbuilds #newhomesales #newhomeinventory #homeinventory #resalehomes #existinghomesales #homeownership #householdformation #americandream #homeprices #homesupplyanddemand #housing #housingnews #housingshortage #housingforecast #housingindustry #housingmarket #housingmarketupdates #housingprices #movinghouse #mortgagerates #mortgageinterestrates #mortgageapplications

If you read the Wall Street Journal you might have seen an article claiming “there’s never been a worse time to buy instead of rent.” Fox picked up this claim in an article here which shows that the average monthly cost of a new home was $3,322 while the average monthly rental cost was $2,184: a 52% higher cost to buy vs rent! Fortunately, these articles are based on a combination of misunderstandings and outright errors. If these headlines made you give up hope of buying a house — reconsider. Home prices, especially in Kentucky, are more affordable than the headlines suggest. First, homebuyers are typically older households who are getting more square footage and land than the average renter. The article is comparing the average buyer, who pays more and gets more, with the average renter, who pays less and gets less. In other words, even with high interest rates it may be cheaper to buy a house rather than rent the same house, but on average people rent smaller houses and apartments than they buy! Second, the journalists got the math wrong in 2 important ways: They overstated the cost of a mortgage (claiming $2,737 for a $416,100 house with 10% down @ 7.63%, the correct answer is $2,652) They also conflated the average with the median. As prices have gone up some people at the top have bought more and more expensive houses dragging the average up. However, the median mortgage is only $2,652 (NOT $3,322) compared to the median rent of $2,011. This leads to a smaller difference of 32% and is mitigated further by the difference in median size of houses vs apartments. While mortgage rates climb ever higher, purchasing a home can still be better financially than renting, it just depends on the type of home you’re looking at. If you’d like to see which is cheaper for you, then check out our Buy V. Rent Calculator here. And don’t be scared away by articles claiming “there’s never been a worse time to buy instead of rent.” Finally, Kentucky home prices are much more affordable than the national average. If you’re looking to save even more money, schedule a free 15-minute consultation with Bidly to learn how we can save you thousands of dollars or more in commissions.

Lately, first-time buyers seem a bit hesitant when making an offer on a new home, and rightly so. It's one of the biggest purchases in a lifetime. Fortunately, I'm here to guide you through the journey when you are ready. In the meantime, enjoy the following article and add to your continued knowledge. https://bit.ly/46LSu1W #realestatetips #homebuyers #cindytrotier #kellerwilliams