Blog - Carolyn Galant

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Coldwell Banker Luxury Trends Report 2024

The Trend Report, published by the Coldwell Banker Global Luxury® program, curates high-net-worth consumer insights generated from a Censuswide survey, along with supporting data from the Institute for Luxury Home Marketing, Wealth-X, and other top experts to uncover the latest luxury home trends driving the market now and in the future. What’s inside The Trend Report 2024: […]
Buying A Home, Coldwell Banker Global Luxury, New Home Supply

Optimism and Strong Demand by Affluent Consumers for Luxury Homes

The luxury market saw sales during the last quarter of 2023 increase nearly 4.2% for single-family homes and 14.2% for attached properties compared to the previous year, while new listings also increased by 14.2% for single-family homes and 7.2% for attached properties during the same period. On average, luxury consumers surveyed plan on selling their […]
Home Ownership, Mortgage Rates, Real Estate Investment

Calculating Breakeven Point in Refinancing

Refinancing Your $700,000 Mortgage from 7% to 6% Owning a home is a significant milestone, but managing a mortgage can be a complex financial endeavor. With interest rates constantly shifting, homeowners often find themselves wondering whether refinancing is a smart move. In this blog post, we’ll delve into the world of mortgage refinancing and specifically […]
Buying A Home, First Time Buyers, Home Ownership, Homebuying, Mortgage Rates, Owning Your Home

Maximizing Savings: Refinancing Your $700,000 Mortgage as Interest Rates Drop

In the realm of personal finance, there are few decisions as impactful as managing a mortgage. For most homeowners, a mortgage represents a significant portion of their financial commitments. When interest rates shift, it’s essential to be proactive and consider the potential benefits of refinancing. In this blog post, we’ll explore the scenario of refinancing […]

Uncategorized Coldwell Banker Luxury Trends Report 2024 The Trend Report, published by the Coldwell Banker Global Luxury® program, curates high-net-worth consumer insights generated from a Censuswide survey, along with supporting data from the Institute for Luxury Home Marketing, Wealth-X, and other top experts to uncover the latest luxury home trends driving the market now and in the future. What’s inside The Trend Report 2024: […]

Buying A Home Optimism and Strong Demand by Affluent Consumers for Luxury Homes The luxury market saw sales during the last quarter of 2023 increase nearly 4.2% for single-family homes and 14.2% for attached properties compared to the previous year, while new listings also increased by 14.2% for single-family homes and 7.2% for attached properties during the same period. On average, luxury consumers surveyed plan on selling their […]

Home Ownership Calculating Breakeven Point in Refinancing Refinancing Your $700,000 Mortgage from 7% to 6% Owning a home is a significant milestone, but managing a mortgage can be a complex financial endeavor. With interest rates constantly shifting, homeowners often find themselves wondering whether refinancing is a smart move. In this blog post, we’ll delve into the world of mortgage refinancing and specifically […]

Buying A Home Maximizing Savings: Refinancing Your $700,000 Mortgage as Interest Rates Drop In the realm of personal finance, there are few decisions as impactful as managing a mortgage. For most homeowners, a mortgage represents a significant portion of their financial commitments. When interest rates shift, it’s essential to be proactive and consider the potential benefits of refinancing. In this blog post, we’ll explore the scenario of refinancing […]

Home Design Tips for Renovating Your Home on a Budget Embarking on a home renovation project is an exciting endeavor that allows you to transform your living space into the home of your dreams. However, the costs associated with renovations can quickly add up, putting a strain on your budget. The good news is that with careful planning and a strategic approach, it’s possible to […]

Home Ownership Beyond the Lawn: Exploring Alternatives Lawns have long been a staple of American landscapes, but they require significant maintenance, water resources, and chemical inputs. As sustainability and water conservation become increasingly important, it’s worth considering alternative landscaping options that can offer both environmental benefits and visual appeal. In the Northeast USA, where climate conditions vary, several alternatives to traditional lawns […]

Uncategorized Unlocking Financial Opportunities: Refinancing Your Home When Rates Drop The dream of homeownership is often accompanied by the responsibility of managing a mortgage. As a homeowner, you may have heard about refinancing—a financial strategy that allows you to replace your existing mortgage with a new one, potentially at a lower interest rate. In a fortunate turn of events, if interest rates drop significantly, it […]

Buying A Home Winning A Home In Today’s Market Get Pre-Approved; a Pre-Underwritten commitment is preferred. This step shows sellers that you are a serious buyer. It also gives you a clear understanding of your budget. In a competitive market, time is of the essence. Stay vigilant and be prepared to act swiftly when a desirable property hits the market. Being organized and […]

Home Ownership Stress Free Home Cleaning Keeping a clean and orderly home is a challenge. Between busy work schedules, social obligations, and family commitments, it’s tough to keep up with daily chores—let alone larger seasonal tasks. The effort is worthwhile, however. A sanitary environment can keep you and your family healthier by minimizing your exposure to germs and allergens.1 Plus, researchers have […]

Owning Your Home My Home Didn’t Sell! Now What? My Home Didn’t Sell! Now What? When it comes to listing their home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to […]

Buying A Home Top 6 Home Design Trends To Watch in 2023 Top 6 Home Design Trends To Watch in 2023 Over the past few years, many of us have spent extra time at home—and that means we appreciate the personal design touches that make a house cozy and comfortable more than ever. Some of us have adapted our dwellings in new ways, from creating functional home […]

Home Ownership 2023 Real Estate Market Outlook (And What It Means For You) 2023 Real Estate Market Outlook (And What It Means for You) Last year, one factor drove the real estate market more than any other: rising mortgage rates. In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have […]

Home Improvement Running The Renovation Numbers Running The Renovation Numbers Renovating your home is a great strategy for homeowners for two reasons. The first, and perhaps the most obvious, is that you are able to remodel your home to exactly the way you want it, giving your living space a new life with all the modern amenities and conveniences at your […]

Uncategorized Five Reasons This Isn’t a Repeat of the 2008 Housing Crash Five Reasons This Isn’t a Repeat of the 2008 Housing Crash Many homeowners are still haunted by the 2008 housing crash when property values collapsed and foreclosures spiked. The memory of a sudden catastrophe at a time when the real estate market had been riding high may help explain why 41% of Americans say they […]

Buying A Home Home for the Holidays: How To Stretch Your Budget in a Season of Inflation Home for the Holidays: How To Stretch Your Budget in a Season of Inflation You don’t have to break the bank to celebrate the holidays in style—even in this season of inflation. Prices may be higher on everything from food to gifts to decorations, but there are still plenty of opportunities to eke out extra […]

Downsizers 7 Tips to Maximize Your Home’s Sale Price 7 Tips to Maximize Your Home’s Sale Price Over the past few years, a real estate buying frenzy bid up home prices to eye-popping amounts. However, as mortgage rates have risen, buyer demand has cooled. 1 Consequently, home sellers who enter the market today may need to reset their expectations. The reality is, it’s no […]

Buying A Home Buy Now or Continue to Rent? Buy Now or Continue to Rent? 5 Questions to Answer before Purchasing Your First Home Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time […]

Buying A Home 8 Strategies to Secure a Lower Mortgage Rate 8 Strategies to Secure a Lower Mortgage Rate Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1 This climate has been unsettling for some homebuyers and sellers. However, […]

Buying A Home 10 Pro Tips for a Smooth Home Move 10 Pro Tips for a Smooth Home Move The process of buying a new home can be both exhilarating and exhausting. But the journey doesn’t stop when you close on your property. On the contrary, you still have quite a bit to do before you can begin the process of settling into your new […]

Design 7 Costly Mistakes Home Sellers Make 7 Costly Mistakes Home Sellers Make (And How to Avoid Them) No matter what’s going on in the housing market, the process of selling a home can be challenging. Some sellers have a hard time saying goodbye to a treasured family residence. Others want to skip ahead to the fun of decorating and settling into […]