Should You Buy a Home Now or Wait Until Next Year?

Should You Buy a Home Now or Wait Until Next Year?

May 23rd, 2019

Waiting until next year to buy a home could make a significant financial impact. In the case of homeownership, it’s better to act sooner than later! Let’s get together to make sure you don’t miss out on any savings if you’re in the market to purchase a home!

Posted on May 23, 2019 at 5:30 pm
Bradley Mulliner | Category: Buying/Selling Tips, clients, new home, new home owners, Real Estate Activity, sell your house | Tagged , , ,

Are You About to Be an Empty-Nester?

In the next couple of months, millions of students will be graduating and moving out of their parents home. If you’re a soon-to-be empty nester considering downsizing or making a move, let’s get together to discuss your options! So if you are getting ready to sell your home and downsize, give me a call today!

Posted on May 2, 2019 at 8:52 pm
Bradley Mulliner | Category: babyboomer, empty-nestor, Real Estate Activity, sell your house | Tagged , , , , , ,

5 Reasons to Sell Your House This Spring

Selling your house? Every year, homeowners decide to wait to list their homes. Here are 5 powerful reasons why selling your house this spring makes sense. Let’s get together today to discuss how we can market your home this season!

For current market activity around your home, register for “Neighborhood News” at http://bradmulliner.com/neighborhood-news

Posted on April 24, 2019 at 8:20 pm
Bradley Mulliner | Category: Buying/Selling Tips, new home, Real Estate Activity, sell your house | Tagged , , , , ,

4 Reasons This Spring Market Is Better Than Last Year

March 21st, 2019

If you’re looking to buy or sell a home this year, now is a great time! Let’s get together today to go over what is happening in the Spring Market and what it means for you.

Posted on March 24, 2019 at 4:36 pm
Bradley Mulliner | Category: Buying/Selling Tips, clients, Helpful Articles, Real Estate Activity, sell your house | Tagged , , , ,

The Cost of Buying a Home – A 50-Year Flashback

The Cost of Buying a Home – A 50-Year Flashback

February 22nd, 2019

The interest rate you secure when buying your home impacts more than just your monthly mortgage payment. The higher the rate, the more money you will pay for your home over the course of your loan. Let’s get together to discuss how to get you in your dream home at today’s historically low rates!

Posted on February 22, 2019 at 4:21 pm
Bradley Mulliner | Category: Buying/Selling Tips, Helpful Articles, new home owners, Real Estate Activity

No Matter What the Groundhog Says… You Should Sell Before Spring!

Posted on February 1, 2019 at 6:39 pm
Bradley Mulliner | Category: Buying/Selling Tips, Helpful Articles, new home, new home owners, Real Estate Activity, sell your house | Tagged , , ,

How Supply & Demand Impacts Real Estate Values

The price of any item is determined by the supply of that item, as well as the demand for that item in its market. The same is true in real estate. As the inventory of homes available for sale shrinks, and the demand that buyers have for those homes continues to grow, prices increase. Let’s get together to discuss the supply and demand of homes in our market!
To sign up for local real estate activity around your home go to http://bradmulliner.com/neighborhood-news

Posted on August 30, 2018 at 4:23 pm
Bradley Mulliner | Category: Buying/Selling Tips, new home, Real Estate Activity | Tagged , , , ,

Thinking of Selling? Act Now!

Buyer demand continues to outpace the supply of homes for sale across the country and it does not appear to be slowing down. If you are debating whether or not to list your house for sale this year, let’s get together to discuss the supply conditions in our neighborhood so that I can assist you in gaining access to the buyers who are ready, willing, and able to buy right now!

Posted on July 31, 2018 at 5:45 pm
Bradley Mulliner | Category: Buying/Selling Tips, clients, Helpful Articles, new home, new home owners, Real Estate Activity, Uncategorized

Will Your Current House Fit Your Needs in Retirement?

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

According to the National Association of Exclusive Buyers Agents (NAEBA), there are 7 factors that you should consider when choosing your retirement home.1

1. Affordability

“It may be easy enough to afford your home today but think long-term about your monthly costs. Account for property taxes, insurance, HOA fees, utilities – all the things that will be due whether or not you have a mortgage on the property.”

Would moving to a complex with homeowner association (HOA) fees actually be cheaper than having to hire all the contractors you would need to maintain your home, lawn, etc.? Would your taxes go down significantly if you relocated? What is your monthly income going to be like in retirement?

2. Equity

“If you have equity in your current home, you may be able to apply it to the purchase of your next home. Maintaining a healthy amount of home equity gives you a source of emergency funds to tap, via a home equity loan or reverse mortgage.”

The equity you have in your current home may be enough to purchase your retirement home with little to no mortgage. Homeowners in the US gained an average of over $16,300 in equity last year.

read more:

http://bit.ly/2LKR4LK

For more information about the sale or purchase of your new home contact me today at http://bradmulliner.com/contact-me

Posted on July 25, 2018 at 3:14 pm
Bradley Mulliner | Category: Buying/Selling Tips, clients, Helpful Articles, new home, Real Estate Activity

Why Are Mortgage Interest Rates Increasing?

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According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed rate mortgage interest rate jumped up to 3.94% last week. Interest rates had been hovering around 3.5% since June, and many are wondering why there has been such a significant increase so quickly. 

Why did rates go up?

Whenever there is a presidential election, there is uncertainty in the markets as to who will win. One way that this is noticeable is through the actions of investors. As we get closer to the first Tuesday of November, many investors pull their funds from the more volatile and less predictive stock market and instead, choose to invest in Treasury Bonds.

When this happens, the interest rate on Treasury Bonds does not have to be as high to entice investors to buy them, so interest rates go down.  Once the elections are over and a President has been elected, investors return to the stock market and other investments, leaving the Treasury to raise rates to make bonds more attractive again.

Simply put, the better the economy, the higher interest rates will go. For a more detailed explanation of the many factors that contribute to whether interest rates go up or down, you can follow this link to Investopedia.

The Good News

Even though rates are closer to 4% than they have been in nearly 6 months, they are still slightly below where we started 2016, at 3.97%.

The great news is that even at 4%, rates are still significantly lower than they have been over the last 4 decades, as you can see in the chart below. Continue reading

Posted on November 22, 2016 at 5:41 pm
Bradley Mulliner | Category: Buying/Selling Tips, Helpful Articles, new home, new home owners, Real Estate Activity | Tagged , ,