Rachael L. Hines, Loan Officer

11/25/2022

Home Sweet Home: The Emotional Benefits of Homeownership [INFOGRAPHIC]

While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community and loved ones, and is an achievement to feel proud of. DM me today to discuss all that homeownership has to offer.

Some Highlights While there are many financial perks to owning a home, there are also powerful non-financial benefits to consider if you’re thinking about making a move. Homeownership allows you to express yourself, gives you greater privacy and comfort, enhances your connection to your community ...

11/24/2022

What Homeowners Want To Know About Selling in Today’s Market

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market.

Here are a few things experts say today’s sellers need to consider.

>>Be Willing To Negotiate

This year, the supply of homes for sale has increased as the market cooled. Even though inventory is still low overall, buyers today have more options, and with that comes more negotiation power.

As a seller, that means you may see more buyers getting an inspection, requesting repairs, or asking for help with closing costs today.

>>Price Your Home at Market Value

Pricing your house appropriately so you can catch the eyes of serious buyers is important.

You don’t want to overreach with your price and...

If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it's not the peak intensity we saw during the pandemic, we’re still in a sellers’ market. That means you haven’t missed your window. Realtor.com ...

11/24/2022

Thank You for Your Support

Thank you for your support.

11/23/2022

What Buyers Need To Know About the Inventory of Homes Available for Sale

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

According to Calculated Risk, for the week ending in November 18th, there were 47.7% more homes available for sale than there were at the same time in 2021. And having more options for your home search may be exactly what you need to feel confident about making a move.

>>What Caused the Growth in Housing Inventory This Year?

The increase we’ve seen in housing supply this year isn’t from the source you think it is. Rather than an influx of recent homeowners listing their houses for sale (known as new listings), the primary reason the supply has grown is because homes are staying on the market a bit longer (known as active...

If you’re thinking about buying a home, you’re likely trying to juggle your needs, current mortgage rates, home prices, your schedule, and more to try to decide if you want to jump into the market.

11/23/2022

Thank You for Trusting Me as Your Real Estate Advisor This Year

Excerpt:
Thank you for giving me the opportunity to help you through the process of buying or selling a home. Let’s connect if you have any questions.

11/21/2022

Mortgage Rates Will Come Down, It’s Just a Matter of Time

Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. This is because the average 30-year fixed mortgage rate has doubled this year, severely limiting homebuying power for consumers. This month, the average rate for financing a home briefly rose over 7% before coming back down into the high 6% range. But we’re starting to see a hint of what mortgage interest rates could look like next year.

As long as inflation is high, we’ll see higher mortgage rates. Recently, we’ve seen indications that inflation may be cooling, giving us a glimpse into what may happen in the future. The mortgage market is eagerly awaiting positive news on inflation. As Ali Wolf, Chief Economist at Zonda, says, “The housing market is expected to face continued uncertainty heading into 2023 as consumers...

This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home price growth has slowed. All of this is due to the fact that the average 30-year fixed mortgage rate has doubled this year, severely ...

11/18/2022

The supply of homes for sale has increased this year compared to last, but supply is still far below more normal years like 2019. One reason is because of decades of underbuilding. That means your house should still be in demand if you work with an agent to price it right. If you’re ready to sell, DM me to get started.

11/18/2022

Should You Update Your House Before You Sell? Ask a Real Estate Professional. [INFOGRAPHIC]

You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any upgrades you make. DM me so you know where to focus your efforts so your house will stand out in a today’s market.

Some Highlights You may be wondering what needs to be renovated before you sell your house. In today’s shifting market, making your house appealing is more important than ever. That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing marke...

11/17/2022

Don't Let the Down Payment Myth Hold You Back

Whether you’re a first-time or repeat buyer, chances are you don’t need to put 20% down when buying a home. Let’s connect to make sure you have all the facts you need to know in the homebuying process.