Elizabeth's Tips

Elizabeth's Tips Why Should You Stage Your Home To Sell? As the real estate market turns sluggish, you may have to take steps to set your home apart from others. It won’t be enough to just put out a for-sale sign and wait for potential buyers. One way that homeowners can sell their homes more speedily is by home staging, which can have the added benefit of […]
Elizabeth's Tips Is It Time to Update Your Bathroom? Just like your bedroom, your bathroom should be a relaxing place. Whether you unwind in the shower or with a hot bath, making sure your bathroom is a place of comfort and not stress is key to making your home a happier place. Because it is a room you will definitely spend time in every […]
Elizabeth's Tips 7 Signs You’re Ready To Buy Living in an apartment or rental home does have its perks: You can test out different neighborhoods and locations, you have the flexibility to move, and you have access to great amenities like a gym or pool. But there’s a reason that owning a home, rather than renting one, is a highly desired achievement. Maybe […]
Elizabeth's Tips 7 Ways to Compete in a Sellers Market Buying a home is a team sport, and that’s especially true when buyers are facing the kinds of affordability challenges they are now. Volatile interest rates and tough competition for a limited supply of homes are posing unique issues for home shoppers. If you’ve been writing offer after offer — even competitive offers over asking […]
Elizabeth's Tips Invest in Yourself by Owning a Home Investing in yourself by owning a home can bring numerous benefits and opportunities. Here are some reasons why owning a home can be a wise investment: Building equity: When you own a home, you are building equity as you pay down your mortgage. Equity is the difference between the value of your home and the […]
Elizabeth's Tips Should Baby Boomers Buy or Rent After Selling Their Houses? The decision of whether Baby Boomers should buy or rent after selling their houses depends on various factors, including personal preferences, financial circumstances, and long-term goals. Here are a few considerations to help make an informed decision: Financial Situation: Assess your financial position, including retirement savings, income, and expenses. Determine if buying another property aligns […]
Elizabeth's Tips Your Home Equity Can Offset Affordability Challenges It’s important to understand the various ways homeowners can leverage their home equity to overcome affordability challenges. Home equity refers to the portion of the property that you truly own, which is the difference between the property’s market value and the remaining mortgage balance. Here are a few ways homeowners can use their home equity […]
Elizabeth's Tips Today’s Housing Market Has Only Half the Usual Inventory The current housing market is experiencing a significant shortage of inventory, with only about half the usual number of homes available for sale. This low inventory situation has several implications for both buyers and sellers: Increased Competition: With fewer homes on the market, there is increased competition among buyers. This can lead to bidding wars […]
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Elizabeth's Tips Four Ways You Can Use Your Home Equity Home equity refers to the value of your home that you own outright, minus any outstanding mortgage balance. It can be a valuable asset that can be utilized in various ways. Here are four ways you can use your home equity: Home renovations or improvements: Using your home equity to fund renovations or improvements can […]
Elizabeth's Tips The Impact of Seasonality on the Real Estate Market Seasonality has a significant impact on the real estate market, influencing both buyer and seller behavior. Here are some key points to consider when discussing the impact of seasonality: Demand and Inventory: The number of buyers and sellers in the market fluctuates throughout the year. Generally, the spring and summer months see increased activity, as […]
Elizabeth's Tips Evaluating Your Wants and Needs as a Homebuyer When entering the homebuying process, it’s important to evaluate and prioritize your wants and needs. This will help you focus your search, save time, and make informed decisions. Here are some key factors to consider: Budget: Determine your budget by assessing your finances, including your income, savings, and expenses. This will help you understand how […]
Elizabeth's Tips Top 10 Reasons to Buy a Home Why should you buy a home? Well, it’s hard to say without knowing a few details about your individual situation, but the below list will seek to cover some of the best reasons one might decide to become a homeowner. 10. It’s yours. Seems simple enough but think of the greater implications of that particular […]
Elizabeth's Tips The Power of Pre-Approval If you’re buying a home this spring, today’s housing market can feel like a challenge. With so few homes on the market right now, plus higher mortgage rates, it’s essential to have a firm grasp on your homebuying budget. You’ll also need a sense of determination to find the right house and act quickly when […]
Elizabeth's Tips The Impact of Inflation on Mortgage Rates If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a buy a home? Here’s what you need to know. Inflation and the Housing Market While the […]
Elizabeth's Tips We’re in a Seller’s Market. What Does That Mean? Even though activity in the housing market has slowed from the frenzy we saw over a year ago, today’s low supply of homes for sale is still a seller’s market. But what does that really mean? And why are conditions today so good if you want to list your house? It starts with the number […]
Elizabeth's Tips Questions for First-Time Homebuyers Now that Spring is quickly approaching, you might be considering taking the leap from renting to buying your first home!  This is a very exciting step to take, but it also comes with a lot of questions.  Before you decide on whether or not you want to purchase a home, take a look at these […]
Elizabeth's Tips Weighing the Benefits of a Home Warranty When you invest in a home, whether it is brand new or beautifully aged, you want to make sure it is protected. Homeowners insurance, which is required when you purchase a home, covers major occurrences like fire and crime. However, homeowners’ insurance will not cover specific parts of your home, like your plumbing or heating […]
Elizabeth's Tips How to Save for A Home Have you been dreaming of owning your own home or even upgrading the one you currently have? With a few simple steps and a little saving, you could be well on your way to move-in day. If home ownership is on your to-do list, follow these simple steps to save throughout this next year. Track […]
Elizabeth's Tips 3 Ways You Can Use Your Home Equity If you’re a homeowner, odds are your equity has grown significantly over the last few years as home prices skyrocketed and you made your monthly mortgage payments. Home equity builds over time and can help you achieve certain goals. According to the latest Equity Insights Report from CoreLogic, the average borrower with a home loan […]
Elizabeth's Tips Signs It’s Time to Sell After Retirement Even the happiest of professionals can admit that they dream of retirement from time to time – and maybe even more frequently. And, why not? For many, retirement means more time to spend with those you love, doing the things you love. But when you’re used to an income that allows you to live a […]