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Friday, May 19, 2023   /   by Nick Waldner

Top Home Projects for the Best ROI

Home upgrades that will fetch you a high return on your investment.

Where should you invest your money to maximize resale value in the housing market? Let's dive straight into the top area where you should focus your spending. Although you might be thinking about kitchens or bathrooms, the most cost-effective way to make a significant impact on your entire house is through a fresh coat of paint.

However, if you're considering renovating spaces, kitchens and bathrooms are indeed crucial, particularly the owner's suite and bathroom. Nowadays, buyers prioritize large showers with multiple shower heads and rainfall features, as opposed to the big soaking tubs that were popular in the past. If your older bathroom has a single vanity or a small shower, updating it can greatly enhance a potential buyer's interest.

When it comes to the kitchen, focus on aesthetics and functionality without overspending on high-end appliances, unless your property is a luxury home where such features; ...

  real estate, home selling, high roi home projects, increase home value, boost home value, kitchen renovation, bathroom renovation

Monday, May 8, 2023   /   by Nick Waldner

Prioritizing Your Lifestyle Can Help You Buy or Sell

You should focus on your family’s needs instead of timing the market.

Buying or selling a home is a big decision. It can be challenging to decide when the right time is to make a move, especially when there are so many external factors to consider. The truth is when it comes to buying or selling your home, the timing is more about your lifestyle than it is about timing the market.

Of course, if you're thinking about investment properties, the decision-making process might be different. In this case, you'll want to look more closely at the numbers and do some careful analysis. However, when it comes to your home, it's all about your family's needs and what matters most to you.

It's incredibly challenging to time the real estate market. Interest rates and housing prices can fluctuate unexpectedly, making it tough to predict when the best time is to buy or sell. While it's essential to keep an eye on market trends, it's more important to focus on what's important to y ...

  real estate, home selling, nome buying

Saturday, May 6, 2023   /   by Nick Waldner

Simple Answers to Your Inflation and Recession Questions

Here’s what you need to know about inflation and a potential recession.
Two words that I've been hearing more often in recent months are recession and inflation. Let's dive in and understand exactly what they mean for the real estate market.

Simply put, a recession is a period of economic decline when the economy is slowing down. We have just gone through a period of great economic growth and things have really ramped up, but now, we're starting to see a decline. So how does this affect our market? 

First, it decreases consumer optimism. The number of buyers who have faith in the stock market, job security, and the future outlook will begin to decline due to the fear of a recession. This begs the question, should you buy or sell during a recession? It depends on why you're buying or selling. Your decision to buy or sell is not just about the numbers; it’s about what’s happening in your life. Reach out to me if you want to discuss if moving makes sense fo; ...

  real estate

Saturday, April 15, 2023   /   by Nick Waldner

Why Can’t I Sell My Home? An Expert Answer

If your home isn’t selling, it’s likely because of one of three things.

I get asked all the time, “Why is my home not selling?” Let's be very clear—only three things sell a house: location, condition, and price. Now, whether you're on the perfect cul de sac surrounded by lush trees and privacy, or you sit right on a main road or next to a power line, it really doesn't matter because your location can’t change. You might be able to add some Leland's cypress to grow and block a view, but for the most part, your location is your location. We don't have much control over that.
Now, let's think about the second two: condition and price. Those are two things we absolutely have control over. Let's start with the condition first when selling your home.

"Only three things sell a house: location, condition, and price."

You want to put the best home forward. You want the buyer to be able to walk in and feel like everything is done, and all. ...

  real estate, home selling

Monday, April 3, 2023   /   by Nick Waldner

Buying a Home? Lock In Your Rate Now

You have options to safeguard yourself from fluctuating rates.

What happens if interest rates increase after you’ve already gone under contract? Is there any way to protect yourself?

Typically, mortgage lenders provide a floating rate, which is an estimated rate that could rise or fall, depending on what’s happening in the market, during the pre-approval process. That’s why you should initially assume that your rate will be higher than you were quoted and budget accordingly. This may shrink the pool of homes that are affordable to you, but it also means that you won’t have to cancel a deal simply because interest rates spiked during the process.

Once you’ve gone under contract, your lender will provide an actual rate which you have the option to lock in between when you apply for the mortgage and the closing date. In a market with rising rates, you should lock yours in as soon as possible to prevent it from increasing further. 

"A rate l; ...

  real estate