Expert Advice from Amy & Kyle Bergquist at Keller Williams Legacy Partners
What does a house mean to you? Is it a place to raise your family? Is it a place to decorate and personalize? Is it your private oasis and sanctuary? Is it your palace for entertaining? Or is it just a roof and four walls? Lately I’ve been working with some customers that view houses as a roof and four walls. There isn’t really any emotional attachment. They don’t care about move-in condition, updated kitchens
The Federal Reserve Board announced a further 0.25% cut to the closely watched Federal Funds Rate yesterday, bringing the short-term interest rate down to 2.00%. More importantly, they also signaled that this would be the last rate cut for a while. As has been discussed in previous posts, mortgage rates have recently been moving in the opposite direction as the Federal Funds Rate. Mortgage rates are long-term and are very sensitive to inflation expectations. The
Yesterday the Hartford Courant published an article related to the number of single family homes for sale (housing inventory) in the Greater Hartford area. The majority of towns appear to be a buyer’s market, with more than 6 months of inventory available. But what about the number of single family home sales and the median price for the same timeframe? Here’s the data, taken from the multiple listing service (deemed reliable, but not guaranteed)… As
There are a many buyers out there right now. As a buyer, one of the things you want to keep in mind is that, someday, you’ll be selling the house you’re now contemplating buying. You want to make a smart investment and end up with a house that suits your needs, but you also want to be able to sell it down the road. So, what are some of the things that may make a
This morning I went to preview a house for a client. It was a “pretty house” that had recently been flipped. Just about everything had been redone; new kitchen, baths, paint, windows, everything. It was even staged very nicely, straight out of Better Homes and Gardens. I can see a buyer walking into this house and being very impressed. It would be easy for a person to envision themselves living there, and not having to