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Win When You Sell And When You Move

   If you’re trying to decide when to sell your house, there may not be a better time than this winter states  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott .   Selling   this season means you can take advantage of today’s strong   sellers’ market   when you make a move. Win When You Sell Right now, conditions are very favorable for current homeowners looking for a change. If you sell now, here’s what you can expect: Your House Will Stand Out  – While recent  data  shows there are more sellers getting ready to list their homes this winter, there are still more buyers in the market than there are homes for sale. If you sell your house now before more houses are listed, it will get more attention from serious buyers who are eager to find a home. Your House Will Likely Get Multiple Offers  – When supply is low and demand is high, buyers have to compete with each other for a limite...

Tips for Single Homebuyers: How To Make Your Dream a Reality

   If you’re living on your own and   looking to buy   a home states  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott , know that you can make your dream a reality with thoughtful planning and the right team of experts.   Research   from   Freddie Mac   shows   28% of all households (36.1 million) are sole-person,  and that number is growing. Over the past 40 years, the number of sole-person households has nearly doubled, and that’s a trend that’s expected to continue. According to   Freddie Mac : “ Our calculation suggests that there will be an additional 5 million sole-person households in the United States by the next decade. This means  42% of the household growth will be contributed by sole-person households , . . .” If you fall into this category, here are three tips to help you achieve your  homeownership  goals. 1. Know Your Credit Score When you bu...

How You Should Think Strategically as a Buyer in Today’s Market

  The game of chess can provide incredible lessons to apply to all aspects of life states  Michael Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott , including the home buying process. Chess requires you to plan and think about your strategy from the very beginning of the game.     The home buying process, like chess, requires strategy and planning. Here are a few things to keep in mind to ensure your plan is as strong as possible when you begin your home search. Pre-Approval: the Best Opening Play To Make as a Homebuyer It’s important to have a great opening play when you’re buying a home. And the best move you can make when you begin your home search is getting pre-approved by a lender. You’ve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you? As  Freddie Mac  puts it: “The pre-approval letter from your lender tells you the  maximum ...

Why Now Is a Amazing Time To Sell Your House

  As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market states  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott . Record-breaking   home price appreciation , growing   equity , low   inventory , and competitive   mortgage rates   are motivating homeowners to make a move that addresses their   changing lifestyles . In fact, recent  data  from  realtor.com  shows a larger share of homeowners are planning to list their houses this winter. So, that means  more homes  are about to hit the market, which will lead to more choices for buyers too. According to George Ratiu, Manager of Economic Research at  realtor.com : “The pandemic has delayed plans for many Americans, and homeowners looking to move on to the next stage of life are no exception. Recent survey data suggests  the majority of prospective sellers are a...

Don’t Believe Everything You Read: The Truth Many Headlines Overlook

  There are a lot of questions right now regarding the real estate market as we head into 2022 states  Mike Eastwood - Published Author/Chief Executive Officer of Bello Sol Inc-West USA Realty of Prescott. T he forbearance program is coming to an end and mortgage rates are beginning to rise. With all of this uncertainty, anyone with a megaphone – from the mainstream media to a lone blogger – has realized that bad news sells. Unfortunately, we’ll continue to see a rash of troublesome headlines over the next few months. To make sure you aren’t paralyzed by a headline, turn to reliable resources for a look at what to expect from the housing market next year. There are already alarmist headlines starting to appear. Here are two recent topics you may have seen in the news. 1. Foreclosures Are Spiking Today There are a number of headlines circulating that call out the rising foreclosures in today’s real estate market. Those stories focus on an overly narrow view on that topic: the c...