Buying A Home

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 […]
Buying A Home, First Time Buyers, Mortgage Rates, Negotiations

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Buying A Home Higher Rates And Short Supply Higher Rates and Short Supply: The State of Real Estate in 2022 The last two years caught many of us off guard—and not just because of the pandemic. They also ushered in the hottest housing market on record, with home prices rising nationally by nearly 19% in 2021, driven primarily by low mortgage rates and […]

Appraisals Hedge Against Inflation With Real Estate Hedge Against Inflation With These 3 Real Estate Investment Types The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982.1 It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you. Economists expect the effects of inflation, like a […]

Buying A Home Sellers Checklist to Prep Your Home For Sale Seller’s Checklist: A Timeline to Prep Your Home for Sale We’re still in a seller’s market, but that doesn’t mean your home is guaranteed to easily sell.1 If you want to maximize your sale price, it’s still important to prepare your home before putting it on the market. Start by connecting with a real […]

Appraisals How To Bridge An Appraisal Gap How to Bridge the Appraisal Gap in Today’s Real Estate Market If you’re searching for drama, don’t limit yourself to Netflix. Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1 the appraisal process—historically a standard part of a home purchase—is […]

Buying A Home Tips For Coordinating A Sale And A Purchase 9 Tips for Buying and Selling Your Home at the Same Time Selling your home when you still need to shop for a new one can feel daunting to even the most seasoned homeowner––especially when the demand for new homes keeps rising, but the supply feels like it’s dwindling.¹ You’re not alone either if you’re […]

Buying A Home Finding a Home for Your Next Stage of Life Finding a New Home for Your Next Stage of Life Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a […]

Buying A Home Can I Buy Or Sell A Home Without A Real Estate Agent Can I Buy or Sell a Home Without a Real Estate Agent? Today’s real estate market is one of the fastest-moving in recent memory. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for […]

Buying A Home Create a Winning Offer 5 Ways to Write a Winning Offer in Today’s Real Estate Market Our nation is in the midst of a serious housing crunch. Last year, a lack of inventory and soaring prices left many would-be homebuyers feeling pinched. But now, with interest rates climbing, many of them are also feeling desperate to lock in […]

Buying A Home Should I Buy A Move Up Home Or A Second Home Move-Up vs. Second Home: Which One Is Right For You? The pandemic has changed the way many of us live, work, and attend school—and those changes have impacted our priorities when it comes to choosing a home. According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would […]

Buying A Home Finding A Home For Your Next Stage of Life Finding a New Home for Your Next Stage of Life Imagine the first place you lived as a young adult. Now imagine trying to fit your life today into that space. Not pretty, right? For most of us, our housing needs are cyclical.1 A newly independent adult can find freedom and flexibility in even a […]

Buying A Home The State Of Real Estate 2022 The State of Real Estate in 2022 -This content was originally posted in January 2022- Last year was one for the real estate history books. The pandemic helped usher in a buying frenzy that caused home prices to soar nationwide by a record 19.9% between August 2020 and August 2021.1 However, there were signs in […]