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Is it the time?

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"Title agents and real estate professionals indicate home buyers encouraged by unexpectedly lower mortgage interest rates in 2019  ~~ a tailwind helping to boost demand and inspire existing homeowners to sell their homes."


Mark Fleming, Chief Economist at First American

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Helpful Information

5 Easy Steps to Avoid Being Overwhelmed by Media Overload When someone is thinking about buying or s

 

When someone is thinking about buying or selling a home, they want to be well-informed. They want to make the right decision for themselves and their family. They scour the internet for any information they can find about the housing market.


Today, there is an abundance of information available. It is often conflicting news. It can easily lead to confusion and concern, perhaps even causing a potential buyer or seller to cancel their plans to move altogether. Instead, the best things to do are sit down and take a deep breath.


In a recent article, Jeff Davidson, a recognized speaker on the subject of productivity, explained:

“The pace at which new information arrives will accelerate every day…Too often, the reflex to take action only exacerbates your time-pressure problems. Do not bite off more than you can chew, and acknowledge that often, the wisest response to too much competition for your time and attention is to simply slow down to assess the best way to proceed.”

To that point, here is an easy five-step process to follow if all of this information seems overwhelming:

  1. Calm Down - Don’t let the confusion lead to concern or panic.
  2. Slow Down - As Davidson suggests, just “slow down to assess.”
  3. Think - Remember the reasons you wanted to move in the first place. Are they still important?
  4. Plan - Determine whether or not the new information should change anything. If you need further clarification on some points, reach out to a real estate professional in your area for a better understanding.
  5. Act - After thorough consideration, feel good about your decision, whether you decide to move or not.

Bottom Line

Don’t let the plethora of seemingly conflicting information on the housing market stop you from moving forward with your life. Let's get together to ensure you get the valuable counsel you need so you can make the right decision for you and your family.

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Buyer Tips

Tips for Searching for Your Dream Home

In today's market, low inventory dominates the conversation in many areas of the country. It can often be frustrating to be a first-time homebuyer if you aren't prepared. Here are five tips from realtor.com's article, "How to Find Your Dream Home- Without Losing Your Mind." 


1. Get Pre-Approved for a Mortgage Before You Start Your Search


One way to show you're serious about buying your dream home is to get pre-qualified or preapproved for a mortgage. Even if you're in a market that is not as competitive, understanding your budget will give you the confidence of knowing whether or not your dream home is within your reach. This will help you avoid the disappointment of falling in love with a home well outside your price range.


2. Know the Difference Between Your 'Must-Haves' and 'Would-Like-To-Haves'


Do you really need that farmhouse sink in the kitchen to be happy with your home choice? Would a two-car garage be a convenience or a necessity? Before you start your search, list all the features of a home you would like. Qualify them as 'must-haves', 'should-haves', or 'absolute-wish list' items. This will help you stay focused on what's most important.


3. Research and Choose a Neighborhood Where You Want to Live


Every neighborhood has its own charm. Before you commit to a home based solely on the house itself, take a test-drive of the area. Make sure it meets your needs for "amenities, commute, school district, etc. and then spend a weekend exploring before you commit." 


4. Pick a House Style You Love and Stick to It


Evaluate your family's needs and settle on a style of home that will best serve those needs. Just because you've narrowed your search to a zip code doesn't mean you need to tour every listing in that vicinity. An example from the article says, "if you have several younger kids and don't want your bedroom on a different level, steer clear of Cape Cod-style homes, which typically feature two or more bedrooms on the upper level and the master on the main." 


5. Document Your Home Visits


Once you start touring homes, the features of each individual home will start to blur together. The article suggests keeping your camera handy and making notes on the listing sheet to document what you love and don't love about each property you visit. 

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