Wednesday, November 8, 2023 / by Nick Waldner
Gaining clarity on the real state of the market.
Hello, everyone! In today's blog, we're diving deep into the real estate market, bypassing the headlines and media hype, and looking at the actual state of affairs. Our goal is to provide you with insights and clarity about what's truly happening in the market.
The first thing to understand is that our economy is doing remarkably well. Unemployment rates are at all-time lows, and there are more job opportunities than there are job seekers. The GDP remains robust, and inflation is on the decline. The Federal Reserve, under Jerome Powell, has shown a cautious approach to raising interest rates, dispelling concerns of rapid hikes.
"Our goal is to provide you with insights and clarity about what's truly happening in the market."
Contrary to the media's recurrent recession predictions, the real estate market remains resilient. Unlike the overbuilding and easy lending that led to the 2008 recession, today's market is char ...
Wednesday, October 25, 2023 / by Nick Waldner
Why the 4% mortgage gap isn’t holding back savvy real estate investors.
Hello, I'm Nick Waldner from the Waldner Winters Team of Keller Williams, and today I want to talk to you about something that's been on my mind lately - the concept of the "4% gap" in mortgages. You might be wondering what this means and how it could affect your real estate decisions. Let's dive in.
So, what exactly is this "4% gap?” Well, it's the difference between the mortgage rates that many homeowners initially locked in when they purchased or refinanced their homes (usually around 3%) and today's rates, which are sitting at around 7% or even higher. This significant gap of 4% has left some homeowners hesitant to put their properties on the market.
"Understanding the 4% gap is crucial."
Two main factors contribute to this mortgage gap. First, there's the lasting memory of the 2008 housing crash. During that time, construction of new homes took a nosedive, resulting in a housi ...
Tuesday, October 10, 2023 / by Nick Waldner
Discover why the location isn't the only factor that matters.
When it comes to real estate, the saying "location, location, location" has been ingrained in our minds. While location certainly impacts a property's value, here's the twist – when you're selling your house, location takes a back seat. I'm Nick Waldner from the Walter Winters team of Keller Williams, and let's explore why location isn't the only thing that matters.
Location plays a significant role in determining your property's value. Factors like being in the right neighborhood, school district, or city can indeed have a substantial impact. However, once you decide to sell your house, you can't change its location. It's a fixed factor.
"Location isn't the only thing that matters."
So, what are the three crucial elements that truly matter when you're selling your home? They are pricing, condition, and marketing.
1. Pricing: Let the market speak. Pricing your home correctly is essential. ...
Monday, September 25, 2023 / by Nick Waldner
Three timing options to consider when you’re thinking about selling.
Selling your home is a big decision, and when you choose to put it on the market can make a significant difference in both your sales price and your ability to attract potential buyers. So, when is the best time to sell your home? Let's dive into the optimal times for selling your home and how timing can impact your selling experience.
1. Spring: A season of opportunity. Spring is often hailed as the ideal time to sell your home. As the weather improves, flowers bloom, and skies turn blue, everyone seems to be in a better mood. After the winter hibernation, many eager buyers emerge, ready to make a move. Listing your property during the spring season can be an optimal choice, as you can tap into this wave of enthusiasm and activity in the housing market.
2. Summer: Capitalize on family planning. Summer is another excellent season for selling your home, especially for families with school-aged children. ; ...
Wednesday, September 13, 2023 / by Nick Waldner
Here are three tips to help you sell your home as soon as possible.
Do you need to sell your house as soon as possible? Maybe you need to relocate for a new job soon, or perhaps you just don’t want to draw out the hassle of a home sale. Whatever your reason is, you don’t need to worry. I have tons of experience helping homeowners sell their properties quickly. Here are three things I’ve learned that will help you sell as soon as possible:
1. Get a cash offer. With this approach, you won't need to make repairs, host showings, or worry about inspections. You'll receive an as-is price and can hand over the keys to move on swiftly. This is particularly appealing if you've inherited a property you don't want or if your move is happening faster than expected. This might be a convenient option, but you need to understand that you’re getting a wholesale price if you choose to take this route.
2. Make minor updates and repairs. These could include painting, carp ...