Is there Stabilization in our Future?

12:40 pm

We asked last month “Is this a Blip or Flip?” Well, the answer is: it’s looking like a Blip. Interest rates went into overdrive again and buyer applications for new mortgages visited a low not seen since 1995. The voracious activity we saw in January and early February has come to a halt thanks to interest rates going from high 5’s to 7% in 3 weeks’ time. Buyers and Sellers are looking for stability in economic data and we think that stability is in volatility, at least in terms of interest rates for the near term. Rates will fluctuate pending…

Read More

5 Things To Know About Homeowner’s Insurance

11:18 am

  Here are five terms you should know when it comes to homeowner’s insurance!   ONE: Deductible: A homeowners insurance deductible is the amount of money a homeowner must pay out of pocket before home insurance coverage kicks in. When the insurance company pays the claim, it will be for the total amount of the damage minus the amount of the deductible. TWO: Liability Coverage: The personal liability coverage within your homeowners policy provides coverage to pay for claims of bodily injury and property damage sustained by others for which you or covered residents of your household are legally responsible.this covers…

Read More

How to Winterize Your Home in a Weekend

1:21 pm

  Pride of ownership sells a home faster than most anything else, if you get in the habit of taking care of your home regularly count on an easier sale when it’s time to move. Part of that “Home Care” program should be readying your home for the cold weather. Here are some tips to help you get it done in a weekend!   Programmable Thermostat: The US Department of Energy says you can save as much as 1% on your energy bill for every degree you lower your home’s temperature during the winter. Install a programmable thermostat now and save money…

Read More