Tag: Seniors Real Estate Specialist

Posted on 08/28/2024

You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years. But there is hope on the horizon. Rates have actually started to come down. And, recently they hit the lowest point we’ve seen in 2024, according to Freddie Mac (see graph below): And...

Mortgage Rates

Affordability

+ 8 more

Posted on 08/28/2024

The Number One Mistake Sellers Are Making: Overpricing Their House

In today's housing market, many sellers are making a critical mistake: overpricing their houses. This common error can lead to a home sitting on the market for a long time without any offers. And when that happens, the homeowner may have to drop their asking price to try to re-ignite buyer interest. Data from Realtor.com shows the number...

For Sellers

Selling Tips

+ 7 more

Posted on 08/19/2024

What Credit Score Do You Really Need To Buy a House?

When you're thinking about buying a home, your credit score is one of the biggest pieces of the puzzle. Think of it like your financial report card that lenders look at when trying to figure out if you qualify, and which home loan will work best for you. As the Mortgage Report says: "Good credit scores communicate to...

For Buyers

First Time Buyers

+ 8 more

Posted on 08/19/2024

Home Inspections For Sellers: How To Prepare

Some Highlights If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for. As supply grows and buyers regain negotiation power, you may find you want to do some select repairs with a good return on investment before listing to get ahead of things a buyer may ask...

For Sellers

Infographics

+ 7 more

Posted on 08/12/2024

Are There More Homes for Sale Where You Live?

One of the biggest bright spots in today’s housing market is how much the supply of homes for sale has grown since the beginning of this year. Recent data from Realtor.com shows that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. That’s a significant improvement. It gives you far...

For Buyers

Inventory

+ 6 more

Posted on 08/12/2024

Helpful Negotiation Tactics for Today’s Housing Market

If you haven’t already heard, homebuyers are regaining some negotiating power in today’s market. And while that doesn’t make this a buyer’s market, it does mean buyers may be able to ask for a little more. So, sellers need to be ready for that possibility and know what they’re willing to negotiate. Whether you’re looking to buy or...

For Sellers

Agent Value

+ 7 more

Posted on 08/05/2024

Why the Sandwich Generation Is Buying Multi-Generational Homes

Are you a part of the Sandwich Generation? According to Realtor.com, that’s a name for the roughly one in six Americans who take care of their children and their parents or grandparents at the same time. If that sounds familiar to you, juggling all the responsibilities involved certainly must have its challenges. But it turns out there’s one...

For Buyers

Buying Tips

+ 6 more

Posted on 08/05/2024

What Every Homeowner Should Know About Their Equity

Curious about selling your home? Understanding how much equity you have is the first step to unlocking what you can afford when you move. And since home prices rose so much over the past few years, most people have much more equity than they may realize. Here’s a deeper look at what you need to know if you’re...

For Sellers

Equity

+ 7 more

Posted on 08/01/2024

Enhancing Seniors' Quality of Life: 7 Effective Strategies

Over the past century, the average life expectancy in the U.S. has increased by almost 30 years. While this marks an impressive leap in longevity, it also raises the question of how to ensure these additional years are lived with a high quality of life. After retirement and once children have moved out, seniors often face challenges in...

Tips For Boosting Seniors Quality Of Life

Health Wellness Tips For Seniors

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Posted on 07/31/2024

Maximize Retirement Income: 12 Real Estate Strategies

Investing in real estate is a great way to generate income, whether you are one year away from retirement or just starting your career. Even when the market fluctuates, housing is usually always in demand. As with any investment, real estate does not guarantee a profit, but there are ways to minimize your risks and maximize your gains...

Real Estate Investment

Gema Smith

+ 5 more

Posted on 07/31/2024

What is a Heggstad Petition and when is it used?

California Probate Code Section 850 governs Heggstad petitions and permits a personal representative, interested person, or trustee to file a petition. Section 850 gives the filer the option to skip a lengthy probate process. Typically, a Heggstad Petition can be prepared, filed, heard by a judge, and completed within approximately 60 to 90 days, whereas a probate could...

Elderly

Estate Planning

+ 7 more

Posted on 07/30/2024

The Biggest Mistakes Sellers Are Making Right Now

The housing market is going through a transition. Higher mortgage rates are causing more moderate buyer activity at the same time the supply of homes for sale is growing. And if you aren’t working with an agent, you may not realize that. Here’s the downside. If you’re not informed, you can’t adjust your strategy or expectations to today’s...

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