The Proactive Alliance at Exp Realty

Longer days and sunny weather mean summer is upon us, and what better conditions than right now to upgrade to the home of your dreams? If your needs have changed, it’s a great time to upgrade there’s likely high demand for your current house, and today’s low mortgage rates can help you afford your dream home. If you’re ready to upgrade to a home that matches your changing needs, DM me today. The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Why is there a drastic difference between 2008 and now? In a post from RealtyTrac, they explain, We changed the rules. We told banks they needed more reserves and that they could no longer underwrite toxic mortgages. It turns out that regulation properly done can help us navigate financial minefields. What was different this time? The post mentioned above explains, In 2008 the government saw the foreclosure meltdown as a top-down problem and set aside $700 billion for ...banks under the Troubled Asset Relief Program (TARP). Not all of the $700 billion was used, but the important point is that the government did not act with equal fervor to help flailing homeowners, millions of whom lost their homes to foreclosures and short sales. This time around the government forcefully moved to help ordinary citizens. Working from the... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Home price appreciation continues to accelerate. Today, prices are driven by the simple concept of supply and demand. Pricing of any item is determined by how many items are available compared to how many people want to buy that item. As a result, the strong year-over-year home price appreciation is simple to explain. The demand for housing is up while the supply of homes for sale hovers at historic lows. The reason prices continue to accelerate is that housing inventory is s...till at all-time lows while demand remains high. However, this may be changing. 39 of the 50 states (plus the District of Columbia) saw increases in inventory over the last month. This may be evidence that homeowners who have been afraid to let buyers in their homes during the pandemic are now putting their houses on the market. We’ll know for certain as we move through... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

For generations, the process of buying and selling a home never really changed. A homeowner would try to estimate the market value of their house, then tack on a little extra to give themselves some negotiating room. That figure would become the listing price. Buyers would then try to determine how much less than the full price they could offer and still get the home. As a result, the listing price was generally the ceiling of the negotiation. The actual sales price would alm...ost always be somewhat lower than what was listed. It was unthinkable to pay more than what the seller was asking. Today is different. The record-low supply of homes for sale coupled with very strong buyer demand is leading to a rise in bidding wars on many homes. Because of this, homes today often sell for more than the list price. In some cases, they sell for a lot more... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re thinking of buying a home, it might just help you find the stability, community, and comfort you’ve been searching for over the past year. DM me today to determine if homeownership is the right next step for you. The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Some Highlights Homeownership provides comfort, stability, and security, and it makes you feel more connected to your community. Your home is something to be proud of and is uniquely yours, so you can customize it to your heart’s desire. If you’re ready to fall in love with a home of your own, let’s connect to get you started on the path to homeownership.... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Headlines matter. Right now, it’s hard to read about real estate without seeing a headline that suggests homes have become unaffordable for most Americans. In reality, there’s hard evidence that shows how owning a home is more affordable than renting in most parts of the country, as record-low interest rates are keeping monthly mortgage payments about 23% lower than the typical payment of 20 years ago. Despite the facts, misleading headlines persist, and they impact how hopeful homebuyers perceive the market. In a recent survey by realtor.com... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

As more people continue to identify their changing needs this year, some are turning to the upscale housing sector for more space or finer features. In their most recent Luxury Market Report, the Institute for Luxury Home Marketing (ILHM) shares: In a snapshot of 2020, despite the devasting effects of the coronavirus pandemic, the luxury real estate market has seen one of its strongest years since 2008. In comparison to experts’ predictions in early 2020, it is remarkable how significant demands for property type, location, and amenity... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Home values appreciated by about ten percent in 2020, and they’re forecast to appreciate by about five percent this year. This has some voicing concern that we may be in another housing bubble like the one we experienced a little over a decade ago. Here are three reasons why this market is totally different. 1. This time, housing supply is extremely limited The price of any market item is determined by supply and demand. If supply is high and demand is low, prices normally decrease. If supply is low and demand is high, prices naturally... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Over the past year, our homes have become an integral part of our lives more than ever. They’re much more than the houses we live in. They’re our workplaces, virtual schools, and safe havens that provide shelter, stability, and protection through the evolving health crisis. Today, 65.8% of Americans are fortunate enough to call their homes their own. As we continue to think about the future, our goals for the year, and what we want to achieve well beyond 2021, it’s a great time to look at the benefits of owning a home. Below are some... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

The housing market recovery coming into the new year has been nothing short of remarkable. Many experts agree the turnaround from the nation’s economic pause is playing out extremely well for real estate, and the current market conditions are truly making this winter an ideal time to make a move. Here’s a dive into some of the biggest wins for homebuyers this season. 1. Mortgage Rates Are Historically Low In 2020, mortgage rates hit all-time lows 16 times. Continued low rates have set buyers up for significant long-term gains. In fact... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

Some Highlights A real estate professional is an expert who can advocate on your behalf throughout the process when building a home. Agents help you understand key steps, like choosing upgrades and managing negotiations, while staying within your budget from start to finish. If building is the right option for you, let’s connect so you have a trusted real estate professional who can help you successfully navigate the path to your dream home.... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

It’s exciting to put a house on the market and to think about making new memories in new spaces. However, despite the anticipation of what’s to come, we can still have deep sentimental attachments to the home we’re leaving behind. Growing emotions can help or hinder a sale depending on how we manage them. When it comes to the bottom line, homeowners need to know what it takes to avoid costly mistakes when it’s time to move. Being mindful and prepared for the process can help ...you stay on the right track when selling your house this year. 1... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead. Lawrence Yun, Chief Economist, National Association of Realtors (NAR) In 2021, I think rates will be similar or modestly higher, maybe 3%...So, mortgage rates will continue to be historically favorable. Danielle Hale, Chief Econ...omist, realtor.com We expect sales to grow 7 percent and prices... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!

There are many benefits to working with a real estate professional when selling your house. During challenging times, like what we face today, it becomes even more important to have an expert you trust to help guide you through the process. If you’re considering selling on your own, known in the industry as a For Sale By Owner (FSBO), it’s critical to consider the following items. 1. Your Safety Is a Priority Your safety should always come first, and that’s more crucial than ever given the current health situation in our country. When you... The Proactive Alliance at EXP Realty is your local one-stop-shop for all your real estate needs! Contact us today!