Posts made by author 'Andria Erickson'
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25
Mid-Year Market Update for 2024: What Buyers and Sellers Need to Know
Last December, when the Federal Reserve projected a series of benchmark rate cuts in the coming year, some analysts speculated that mortgage rates—which had recently peaked near 8%—would fall closer to 6% by mid-2024.1,2,3 Unfortunately, persistent inflation has delayed the central bank's timeline and kept the average 30-year mortgage rate hovering around 7% so far this year.2
While elevated mortgage rates have continued to dampen the pace of home sales and affordability, there have been some positive developments for frustrated homebuyers. Nationwide, the inventory shortage is starting to ease, and an uptick in starter homes coming on the market has helped to slow the median home price growth rate, presenting some relief to cash-strapped buyers.4
There are also signs that sellers are adjusting to the higher rate environment, as a growing number l...
1
5 Tips For Improving Your Home Security
Whether you're new to homeowning or have been a homeowner for a while, improving the security of your home is a good idea. It can provide peace of mind and help you keep your property secure while you're away. These 5 tips will help you know where to start.
- Upgrade your locks. The first thing you can do to improve security as a new homeowner is to change the locks. You can take this opportunity to install smart locks which allow for changing entrance codes and locking or unlocking remote...
18
What You Should Know Before Buying Beachfront Property
Buying a beachfront property is a lifelong dream for people of all ages, and for good reason! There's nothing like the feeling of salt air in your hair, a cool breeze coming off the water on a hot day, or a pleasant summer evening spent on a patio with waterfront views. But beachfront properties typically come with a premium price tag, so picking the right property is crucial.
- A Vacation Home or Permanent Resid...
11
How to Remove Pet Odors From Your Home
There are plenty of home improvement projects that will add value to your home if you're selling and add comfort to your home if you're staying put. One of these home improvement projects is clearing out pet odors from your house. Lingering smells from dogs and cats are particularly unpleasant — and worst of all, you may have become so desensitized to them that you can't sense them at all! Regardless if you're planning to sell or planning to entertain guests, here are a few easy home improvement tips for removing dog odors from your home.
3
Buying the Right Home Warranty Plan
Choosing the right home warranty can be good for your budget.
Buying a house is a big financial decision, and the right home warranty can help you protect some of the most important contents of your new home. A home warranty helps cover repairs to key systems and provides peace of mind once you move into your new home. But how do you choose the right home warranty, and what benefits can you expect? Ahead, we'll...
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